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Gold price hits all-time high, surpassing 101 million VND/tael

The increase in world gold prices has caused the price of SJC gold bars and gold rings to rise above 101 million VND/tael - the highest level ever.

Hà Nội MớiHà Nội Mới31/03/2025

Enterprises listed the price of SJC gold bars at 99.5 million VND/tael (buy) - 101.5 million VND/tael (sell), an increase of 1.1 million VND/tael (buy) and 800,000 VND/tael (sell) compared to the end of last week.

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Gold prices increased sharply at the beginning of the week. Photo: HT

The price of gold rings also increased. Saigon Jewelry Company Limited increased the buying price by VND600,000/tael and the selling price by VND300,000/tael, trading at VND98.8 million/tael (buying) - VND100.8 million/tael (selling).

Bao Tin Minh Chau Company Limited increased from 99.3 million VND/tael (buy) - 100.9 million VND/tael (sell) to 99.3 million VND/tael (buy) - 101.3 million VND/tael (sell).

Phu Nhuan Jewelry Joint Stock Company listed the price at 99.2 million VND/tael (buy) - 101.2 million VND/tael (sell), an increase of 800,000 VND/tael (buy) and 400,000 VND/tael (sell).

Domestic gold prices increased due to the influence of the international market. At nearly 9:30 a.m., the world gold price "increased" by more than 11 USD/ounce, reaching 3,097.7 USD/ounce.

According to two Kitco surveys on gold prices this week, the majority forecast prices to increase. Of the 20 experts, 15 predicted prices to increase, one predicted prices to decrease, and the rest saw prices moving sideways.

An online survey of more than 200 retailers showed that 64% thought prices would increase, 19% thought prices would decrease, and the rest thought prices would remain the same.

In the foreign exchange market, the State Bank of Vietnam announced the central exchange rate of VND to USD, applicable for March 31, 2025, is 1 USD = 24,837 VND, down 6 VND compared to the end of last week.

Vietcombank listed the USD price at 25,380 VND (buy) - 25,740 VND (sell), down 20 VND.

BIDV set it at 25,400 VND (buy) -25,760 VND (sell) compared to the previous level of 25,405 VND (buy) -25,755 VND (sell).

Source: https://hanoimoi.vn/gia-vang-len-cao-nhat-lich-su-vuot-101-trieu-dong-luong-697395.html


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