Gold price nears peak, surpassing 100 million VND per tael

On the morning of March 28, jewelry stores simultaneously raised prices. gold price The flats and rings are approaching the peaks set more than a week ago. At the same time, the spread between the buying and selling prices has also widened.

Saigon Jewelry Company (SJC) raised the price of gold bars to 98.4 - 100.4 million VND, an increase of 1 million VND for buying and 1.5 million VND for selling compared to yesterday. Other major brands also increased the price of gold bars accordingly.

For plain gold rings, SJC increased the buying price by 800,000 VND to 97.4 million VND, while the selling price increased by 1.3 million VND to 100.2 million VND per tael. Plain rings at PNJ increased to 98.4 - 100.4 million VND, while at Bao Tin Minh Chau it was 98.6 - 100.6 million VND per tael.

Domestic gold prices increased in the context of the precious metal on the international market setting a new record of 3,077 USD. Each ounce of gold is currently hovering around 3,071 USD, converted according to Vietcombank's selling rate, equivalent to 95.4 million VND per tael. The difference between domestic and international gold prices is currently around 5 million VND per tael.

Markets rose as investors sought shelter amid escalating global trade tensions and falling stocks. US President Donald Trump announced on March 27 25% tax with cars imported into the US. A series of governments, from Canada to France, announced that they would retaliate.

Gold bars at SJC headquarters in District 3, March 2025. Photo: Quynh Tran

Currently, people who want to buy gold bars at SJC and state-owned banks must pre-order online.

At some points in the early days, SJC still sells gold bars to walk-in customers without requiring pre-orders. With plain gold rings, major brands often run out of stock and limit each buyer to a maximum of a few taels, depending on the time.

Source: https://baoquangninh.vn/gia-vang-len-sat-dinh-vuot-100-trieu-dong-mot-luong-3350576.html