Gold and USD prices skyrocket

Enterprises listed SJC gold bars at 100.1 million VND/tael (buy) - 102.8 million VND/tael (sell), an increase of 1 million VND/tael each way compared to the end of the previous day.

Gold price rises to nearly 103 million VND/tael. Photo: HT

The price of gold rings also increased sharply. Phu Nhuan Jewelry Joint Stock Company increased by 700,000 VND/tael each way, to 99.8 million VND/tael (buy) - 102.5 million VND/tael (sell).

Saigon Jewelry Company Limited set the price at 99.9 million VND/tael (buy) -102.6 million VND/tael (sell), 1 million VND/tael higher than the previous day's closing price each way.

100 million VND/tael (buy) - 102.9 million VND/tael (sell) is the price listed by Bao Tin Minh Chau Company Limited compared to 98.8 million VND/tael (buy) - 101.8 million VND/tael (sell) at the end of yesterday.

Thus, the levels of 102.8 million VND/tael and 102.9 million VND/tael are new record levels for the price of SJC gold bars and gold rings.

In the international market, last night's trading session, the price of gold dropped to 3,098 USD/ounce. However, investors increased their gold purchases again, causing the price to increase sharply. Early this morning, the price of gold was trading at 3,145 USD/ounce.

Precious metal prices increased sharply after the US introduced new tariffs with very high tax rates for many countries and territories exporting goods to the US.

At 9:00 a.m., gold was trading at $3,153.3/ounce.

In the foreign exchange market, the State Bank of Vietnam announced the central exchange rate of VND to USD, applicable for April 3, 2025, as 1 USD = 24,854 VND, an increase of 3 VND compared to April 2.

BIDV listed the USD price at 25,600 VND (buy) -25,960 VND (sell), up 130 VND per USD.

Vietcombank set it at 25,570 VND (buy) -25,930 VND (sell) instead of 25,460 VND (buy) -25,820 VND (sell).

Source: https://hanoimoi.vn/gia-vang-va-usd-tang-vot-697711.html