Gold price today March 30: "Ceiling" is still forecasted to continue to increase

At the end of the week, March 30, the price of SJC gold bars was maintained by SJC, DOJI, and PNJ enterprises at a peak of around 98.4 million VND/tael for buying and 100.7 million VND/tael for selling, an increase of 3.3 million VND/tael compared to the end of last week.

Similarly, the price of 99.99 gold rings and jewelry gold of all kinds also remained high, up to 98.2 million VND/tael for buying and 100.4 million VND/tael for selling - an increase of 3.4 million VND/tael compared to the end of last week.

RELATED NEWS

Gold price increased terribly, what is the cause?

Domestic gold prices also differ between brands. Gold bars of the Vang Rong Thang Long brand of Bao Tin Minh Chau Company are sold for up to 100.9 million VND; plain gold rings of this company are also sold at similar prices. Domestic gold prices are approaching the 101 million VND/tael mark, the highest mark in history.

Some other businesses such as Mi Hong Company traded SJC gold bars for 99.7 million VND/tael in the afternoon sale; plain gold rings for 99.2 million VND/tael.

Giá vàng hôm nay 30-3: — Gold prices are at historical peaks for both SJC gold bars, gold rings and world prices.

Last week, the market witnessed strong fluctuations in gold prices as they continuously broke old peaks and set new peaks, approaching the 101 million VND/tael mark.

Domestic gold prices have continuously set new highs following the world's upward trend. In the international market, the precious metal ended the weekend trading session at a new peak that surpassed all previous records - 3,085 USD/ounce, an increase of about 60 USD/ounce compared to the end of last week.

Despite the hot surge in gold prices, both analysts and investors predict that the precious metal will continue to shine next week, according to Kitco's survey of gold price trends.

Specifically, in a survey on Wall Street, 20 analysts participated in the response, of which 85% of experts predicted that gold prices would continue to rise, only 5% said that gold prices would decrease and the remaining 10% predicted that gold prices would remain stable.

Similarly, in an online survey on Main Street, 202 investors responded, of which 64% said gold prices will continue to increase, only 19% said gold prices will cool down and the rest predicted gold prices will remain stable.

Gold has continued to be a shining investment channel since the beginning of 2025. According to analysts, gold has easily surpassed the $3,000/ounce threshold, even approaching the $3,100/ounce mark. Demand for gold remains very strong from central banks, Chinese consumers, and North American investors - especially from the US, where the potential is still untapped.

At the same time, concerns about tariffs and inflation will push investors to seek gold as a safe haven. Gold prices could rise to 3,200 or 3,300 if tariffs are implemented.

On the other hand, some experts still warn that gold prices have increased too much and the risk of a downward reversal is very high.

Currently, the world gold price converted according to the listed exchange rate is about 95.8 million VND/tael.

Source: https://nld.com.vn/gia-vang-hom-nay-30-3-kich-tran-van-dong-loat-duoc-du-bao-tang-tiep-196250330092316556.htm