Shocking: Gold price today increased by 11 million after only 1 month

Gold price increased by 11 million VND after nearly 1 month

Gold price today, April 1, increased to an all-time high. At 9:30 a.m., Saigon Jewelry Company Limited - SJC listed SJC gold price at 100 - 102.3 million VND/tael for buying and selling.

Bao Tin Minh Chau is also listing SJC gold price at 99.8 - 102.1 million VND/tael for buying and selling.

Gold price today, world gold price, domestic gold price listed at Saigon Jewelry Company Limited - SJC

At the same time, businesses also adjusted the price of gold rings to increase sharply. Bao Tin Minh Chau is listing the price of gold rings at 99.9 - 102.2 million VND/tael for buying and selling.

Saigon Jewelry Company Limited - SJC is buying and selling gold rings at the price of 99.4 - 101.6 million VND/tael.

Compared to the same time at 9:30 a.m. on March 31, the price of SJC gold at Saigon Jewelry Company Limited - SJC was adjusted up by 500,000 VND/tael for buying and up by 800,000 VND/tael for selling.

The price of gold rings was also adjusted by this facility to increase by 900,000 VND/tael for buying and 1.1 million VND/tael for selling.

Compared to March 3, 2025, at 9:00 a.m., Saigon Jewelry Company Limited listed the price of SJC gold at 89 - 91 million VND/tael for buying and selling, then today, after nearly 1 month, the price of SJC gold at this unit has increased by 11 million VND/tael for buying and increased by 11.3 million VND/tael for selling.

Domestic gold prices have increased to an unprecedented high. Domestic gold prices have increased following the increase in world gold prices. At 9:10 a.m., world gold prices stood at around 3,139 USD/ounce, up more than 30 USD compared to yesterday morning.

World gold price will increase to 4,500 USD/ounce?

In the past two days, the world gold price has skyrocketed to a record high of over 3,100 USD/ounce, marking one of the strongest increases in the history of this precious metal.

Economists say gold prices have recorded their biggest quarterly gain since September 1986 and hit 19 all-time highs in the first quarter of 2025, including seven unprecedented highs above $3,000 an ounce. Prices are up 18% this year after soaring 27% in 2024.

In the first quarter of 2025, gold prices increased continuously and reached 19 all-time highs. Photo: Nguyen Ninh

Analyzing the reasons for the record increase in gold prices in recent days, experts said that the world gold price has increased sharply because the demand for gold from Central Banks has continued to increase from 2024 to present.

According to the World Gold Council, in 2024, central banks around the world added a total of 1,045 tons of gold to their reserves, marking the third consecutive year that gold purchases reached more than 1,000 tons.

In addition, in the current period, the world gold price is skyrocketing due to the impact of tariffs from the US President.

In this context, some experts predict that the price of gold may increase to 3,500 USD/ounce, even 4,000 USD/ounce. With the current gap between domestic and world gold prices, in the future, the domestic gold price may reach 150-200 million VND/tael.

Along with gold, other precious metals also rose. Silver rose 0.6% to $33.90 an ounce. Platinum rose 0.5% to $996 and palladium rose 1.2% to close at $982.

Hoang Giang

Source: https://congthuong.vn/soc-gia-vang-hom-nay-tang-11-trieu-chi-sau-1-thang-380907.html