Gold price suddenly rises to new peak

The price of gold today on the international market continued to increase sharply, surprising many investors. On the evening of March 27, Vietnam time, the world gold price climbed to its highest level, reaching 3,058 USD/ounce, surpassing the all-time peak of 3,054 USD/ounce set in mid-March.

Thus, the gold price has broken the old peak, setting a new peak after surpassing the $3,000/ounce mark. From the beginning of 2025 until now, the gold price has increased by about $450/ounce (+17%), after a year of 2024, it increased by about 27%.

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  Soaring at the end of the day, the price of gold bars and gold rings is about to reach 100 million VND/tael

Gold prices unexpectedly surged and hit a new all-time high after the US released a series of economic information related to better-than-expected labor market data, with the number of people filing for unemployment benefits lower than forecast. The US housing market also improved after the number of potential home buyers exceeded expectations in February 2025 - according to the latest data from the National Association of Realtors...

This information shows that the US economy is improving. Analysts say that the US will have at least 2 basic interest rate cuts this year. The USD index is still trading below 104 points - the lowest level since November 2024. The weakening USD helps gold prices benefit.

World gold prices continue to set new peaks

In the domestic gold market, as of the end of March 27, the price of SJC gold bars traded by SJC, PNJ, DOJI businesses was around 97.4 million VND/tael for buying and 98.9 million VND/tael for selling. In the past 3 days, the price of gold increased by 1.5 million VND.

SJC Gold Company traded 99.99 gold rings and jewelry at around VND97.2 million/tael for buying and VND98.7 million/tael for selling. In the past 3 days, the price of gold rings also increased rapidly by nearly VND2 million/tael.

Currently, the world gold price converted according to the listed exchange rate is about 95 million VND/tael.

Source: https://nld.com.vn/tang-dung-dung-gia-vang-bat-ngo-leo-dinh-moi-196250327231854736.htm