Today's gold price, gold ring price, gold bar price increased sharply after a deep decline. SJC gold bar price sold at 93.3 million VND/tael, gold ring price 92.9 million VND/tael.
Gold price today increased continuously
Gold price today, March 12, gold price increased continuously after a day of sharp decline. Notably, this morning, gold price increased continuously every hour, at 8:40, Saigon Jewelry Company Limited - SJC listed the price of SJC gold bars at 93 million VND/tael for sale.
However, after only 9 minutes, the price of SJC gold bars at this unit was adjusted to 91.6 - 93.3 million VND/tael for buying and selling.
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| Today's gold price, gold ring price, gold bar price listed at Saigon Jewelry Company Limited - SJC |
At the same time, Bao Tin Minh Chau is also listing the price of SJC gold bars at 92 - 93.5 million VND/tael for buying and selling.
PNJ Group is also listing the trading price of SJC gold bars at 91 - 93 million VND/tael.
Compared to the same time yesterday morning, March 11, today's gold price has been adjusted by gold trading establishments to increase by 1 million VND per tael.
The price of SJC gold bars at Saigon Jewelry Company Limited - SJC was adjusted up 1 million VND for buying and up 700,000 VND for selling.
Bao Tin Minh Chau also adjusted the price of gold bars up by 300,000 VND/tael in both buying and selling directions.
The price of SJC gold bars has been adjusted to increase sharply in the buying direction, narrowing the gap between buying and selling gold. The difference in the price of SJC gold bars at Saigon Jewelry Company Limited - SJC is only 1.7 million VND/tael.
Today's gold ring price also increased following the SJC gold bar price and set a new record.
Bao Tin Minh Chau is trading gold rings at 92 - 93.5 million VND/tael.
Saigon Jewelry Company Limited - SJC is also listing gold rings at a high price, 91 - 92.9 million VND/tael.
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| Gold prices increased sharply today as investors rushed to buy? Photo: Quang Vinh |
On the world market, at 9:00 a.m. on March 12, gold was trading at 2,915 USD/ounce, up 20 USD compared to the same time yesterday morning.
According to experts, gold prices on the international market have increased sharply again as the USD rises and the world is unstable.
Gold prices rose again today due to high demand for “bottom fishing”. In the previous session, gold prices plummeted despite global instability and most other assets, from stocks, the US dollar to US government bond yields, fell.
Gold prices are high, should we invest more?
In the context of the sharp increase in the price of gold rings and gold bars, many experts believe that investors need to be cautious when buying gold for investment at this time. Gold prices are at their peak and pose many risks, but if you have a reasonable and specific strategy, you can still take advantage of the opportunity to make a profit from the gold market.
“Investors and people should not buy gold based on emotions, they need to have a specific strategy. It is necessary to clearly define whether to buy gold for long-term investment or just short-term trading ” - analysts and recommendations, in this context, investors should not buy gold for trading because the gold price is at a very high level, the difference between the buying and selling price of gold is narrowed, so buying gold for trading in this context is not very profitable, even a loss.
| On the world market, at 9:00 a.m. on March 12, gold was trading at 2,915 USD/ounce, up 20 USD compared to the same time yesterday morning. |
Source: https://congthuong.vn/gia-vang-hom-nay-tang-manh-do-nha-dau-tu-do-xo-di-mua-377837.html
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