The price of gold rings and gold bars gradually increased to 103 million VND/tael.

Bao Tin Minh Chau Company increased 800,000 VND in both buying and selling directions, listed at 100.3 million VND/tael for buying and 102.6 million VND/tael for selling.

Phu Quy Group increased the buying price by 700,000 VND and the selling price by 500,000 VND, listed at 99.9 million VND/tael for buying and 102.3 million VND/tael for selling.

Mi Hong Gold Shop (HCMC) also increased 500,000 VND in both buying and selling prices, listed at 99.8 million VND/tael for buying and 101.5 million VND/tael for selling.

The price of SJC gold bars this morning set a new peak, reaching a peak of 102.6 million VND/tael, surpassing yesterday's peak of 101.8 million VND/tael.

The price of 9999 gold rings this morning was also increased by 800,000 VND in both buying and selling directions compared to yesterday by Bao Tin Minh Chau Company, quoted at 100.4 million VND/tael for buying and 102.7 million VND/tael for selling.

Phu Quy Group increased by 600,000 VND in both buying and selling directions, listed at 99.9 million VND/tael for buying and 102.3 million VND/tael for selling.

SJC Company increased by 700,000 VND in both buying and selling directions, trading at 99.7 million VND/tael for buying and 101.9 million VND/tael for selling.

PNJ Company increased by 200,000 VND for buying and 300,000 VND for selling, trading at 99.7 million VND/tael for buying and 102.1 million VND/tael for selling.

The price of 9999 gold rings this morning also set a new peak, reaching a peak of 102.7 million VND/tael compared to yesterday's peak of 101.9 million VND/tael.

On the world gold market, the closing price of gold in New York on the night of March 31 was 3,123 USD/ounce, up 38.3 USD compared to the previous session. The spot gold price on Kitco on the morning of April 1 (Vietnam time) was 3,144.3 USD/ounce, up 21 USD compared to the closing price in New York. This price after conversion is equivalent to 97.4 million VND/tael, about 5.2 million VND/tael lower than SJC gold bars and about 5.2 million VND/tael lower than 9999 gold rings.

World gold prices continue to hit new highs amid investors’ concerns over US President Donald Trump’s tariff plans. This is the direct catalyst for the gold price to break out.

Global investors' demand for gold continues to be high, partly reflected in the net buying trend of the world's largest gold ETF SPDR Gold Trust. According to Reuters, last week, ETFs had the largest weekly net buying of gold since March 2022. According to data from the website of the world's largest gold ETF SPDR Gold Trust, the fund bought a net 1.5 tons of gold in the second session, bringing its holdings to 933.4 tons of gold. In the 3 weeks up to the end of last week, the fund bought a net of more than 37 tons of gold.

Experts predict that gold prices will increase significantly this week due to concerns about tariffs and inflation, factors that continue to push investors into the gold market.