Gold price on March 27, 2025: World gold slightly decreased, domestic gold stable

Gold price on March 27, 2025: Gold rings increased sharply, exceeding 99 million VND/tael Illustration photo. Photo: Internet

At 9:00 a.m., DOJI Gold and Gemstone Group and Saigon Jewelry Company (SJC) listed the price of gold bars at 96.7 - 98.4 million VND/tael (buy - sell), this price remained unchanged compared to the last trading session on March 26.

At Bao Tin Minh Chau Company, the listed price for gold bars and gold rings was maintained at 96.8 - 99.1 million VND/tael (buy - sell), with no adjustment compared to the previous session.

Phu Nhuan Jewelry Joint Stock Company continues to list the price of gold bars and gold rings at 96.7 - 99 million VND/tael (buy - sell), no change compared to March 26.

In the international market, gold prices fell slightly in the trading session on March 26 due to the increase in the USD and US Treasury bond interest rates. However, concerns related to new US tariffs kept gold prices above $3,000/ounce.

As of 0:30 a.m. (Vietnam time), spot gold prices fell 0.1% to $3,016.71 per ounce. Meanwhile, gold futures prices in the US also fell 0.1% to $3,022.50 per ounce.

“Gold remains a safe haven investment due to concerns about tariffs and geopolitical risks,” said Peter Grant, an expert at Zaner Metals. He also said that the new high in gold prices will create conditions for a move to $3,150 an ounce.

The dollar index rose 0.4% against a basket of major currencies, making gold more expensive for investors holding other currencies. At the same time, the yield on 10-year US Treasury bonds also recorded a slight increase.

Investors are worried that new U.S. tariffs could increase inflation and hurt economic growth, leading to increased demand for gold as a safe haven. Since the beginning of 2025, gold prices have increased by more than 15%, reaching a peak of $3,057.21 an ounce on March 20.

The market is now waiting for the US personal consumption expenditure (PCE) data, due on March 28, to assess the possibility of the US Federal Reserve (Fed) adjusting interest rates. Last week, the Fed kept its benchmark interest rate unchanged but also said it could cut rates later this year. Gold, although it does not pay interest, usually benefits in a low-interest-rate environment.

Cao Thong (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/gia-vang-ngay-27-3-2025-vang-the-gioi-giam-nhe-vang-trong-nuoc-on-dinh/20250327093911730