On the evening of March 26, the price of SJC gold bars and gold rings jumped again. Should we buy them?

On the evening of March 26, the price of SJC gold bars was simultaneously listed by SJC, PNJ, and DOJI at a new high, buying at around VND96.7 million/tael and selling at VND98.4 million/tael, an increase of half a million VND/tael compared to the morning. In the past 2 days, the price of gold bars increased by a million VND.

Also for 24K gold bars, Bao Tin Minh Chau Company listed Thang Long Dragon Gold at 96.8 million VND/tael for buying and 99.1 million VND/tael for selling, nearly a million VND higher than SJC gold bars. The price of gold bars is also approaching the all-time peak of over 100 million VND/tael set last week.

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Similarly, SJC Gold Company traded 99.99 gold rings and jewelry gold at around VND96.6 million/tael for buying and VND98.2 million/tael for selling, an increase of half a million VND/tael compared to the morning.

PNJ Company announced the selling price of gold rings reaching 99 million VND/tael; while Bao Tin Minh Chau sold over this mark, up to 99.1 million VND/tael. Thus, the price of plain gold rings of many brands is much higher than that of SJC gold bars.

The sharp increase in domestic gold prices is quite surprising when the world price only increased slightly at the end of the day. In the international market, gold prices remained high above the 3,000 USD/ounce range. At 7:00 p.m., Vietnam time, today's gold price was traded at 3,028 USD/ounce, up 4 USD/ounce compared to the morning. Domestic gold prices are increasing faster than the world price.

Domestic gold prices skyrocketed at the end of the day

However, sharing at the talk show: "Investing in stocks, real estate or gold?" on March 26, organized by Nguoi Lao Dong Newspaper, gold expert Tran Duy Phuong said that gold prices have been increasing continuously since 2024 until early 2025. Currently, gold prices maintain a high level of over 3,000 USD/ounce, but the increase is forecast to slow down and there may be a short-term adjustment.

Therefore, at this time, investors should not rush to buy SJC gold bars or gold rings but should wait for the market to adjust around 200-250 USD/ounce, to the mark of 2,800 USD/ ounce .

"This is a risky time to invest in gold. Because the world gold price may decline after the tariff issues and interest rate cuts have reflected in the strong increase of the precious metal. Investing in gold needs to consider the time to have the highest rate of return. Currently, the world and domestic gold prices are both at historical peaks. If you invest in gold at this time, even if you make a profit, the rate of return is not high," said Mr. Phuong.

Currently, the world gold price converted according to the listed exchange rate is about 94 million VND/tael.

Source: https://nld.com.vn/toi-26-3-gia-vang-mieng-sjc-vang-nhan-lai-nhay-vot-co-nen-mua-vao-19625032619222478.htm