SJC gold bars and gold rings both increased

(NLDO) – Gold prices today increased again in both domestic and world markets at the opening of a new trading week.

On the morning of March 3, the price of SJC gold bars was listed by some gold companies SJC, PNJ, DOJI as buying at 89 million VND/tael, selling at 91 million VND/tael, an increase of 500,000 VND/tael compared to last weekend.

The price of 99.99 gold rings and jewelry gold also increased again to 89 million VND/tael for buying and 90.9 million VND/tael for selling, an increase of 500,000 VND/tael.

Gold prices rebounded after a week of continuous decline.

Domestic gold prices recovered following the increase in world prices. On the international market, gold prices just opened the trading week and jumped to 2,870 USD/ounce, up more than ten USD/ounce compared to the previous session.

During this morning's session, there was a time when the gold price recovered strongly to 2,873 USD/ounce before falling again.

Giá vàng hôm nay 3-3: Vàng miếng SJC, vàng nhẫn đồng loạt tăng- Ảnh 2. — Gold price today increased again

According to analysts, the price of gold has "evaporated" a total of about 100 USD/ounce in the past week due to profit-taking pressure from investors after many weeks of continuous increase. Therefore, the price of gold may continue to decrease in the short term, when the driving forces supporting the strong increase have been reflected in the price in the past time.

The USD index this morning fell deeply to 107.1 points, down about 0.41% compared to the previous session, also supporting the gold price to increase again.