At the end of March 17, gold prices peaked again, skyrocketing.

(NLDO) – World gold prices increased sharply towards an all-time peak, while the prices of SJC gold bars and gold rings were sky-high.

At the end of March 17, the price of SJC gold bars continued to be maintained by SJC, DOJI , and PNJ companies at a high level of around VND 94.8 million/tael for buying and VND 96.1 million/tael for selling, stable compared to the morning.

Also for 24K gold bars, Bao Tin Minh Chau Company listed the price of Rong Thang Long gold at 95.2 million VND/tael for buying and 96.8 million VND/tael for selling, 700,000 VND/tael higher than SJC gold bars. This is also a record price for gold bars up to this point. The difference between buying and selling prices is only 1.6 million VND/tael.

Not only gold bars, the price of 99.99 gold rings and jewelry gold of all kinds also remained at historical peaks. The price of 99.99 plain gold rings was bought by SJC Company at 94.7 million VND/tael, sold at 96 million VND/tael, stable compared to the morning.

PNJ Company sells gold rings for up to 96.5 million VND; Bao Tin Minh Chau for up to 96.8 million VND/tael, much higher than the price of SJC gold bars. Both gold bars and gold rings are being maintained by businesses at the highest level in history.

Cuối ngày 17-3, giá vàng lại lên đỉnh, cao chót vót- Ảnh 2. — Gold price hits record high again

Since the beginning of March, domestic gold prices have increased by a total of nearly 6 million VND/tael.

Notably, the domestic gold price maintained its soaring peak while the world price reached an all-time record of around 3,000 USD/ounce. At 6:00 p.m., Vietnam time, the world gold price was at 3,000 USD/ounce, up about 15 USD/ounce compared to the previous session. This is also the record price of the precious metal to date. Thus, after only cooling down at the end of the week, the gold price continued to climb back to the peak.

The escalating global trade tensions and geopolitical uncertainties have created supportive factors for gold prices to hit new highs.

Gold prices have surged as investors seek safe havens amid concerns about US President Donald Trump’s tough trade policies. Investors are particularly concerned about recent tariff hikes on goods from China, Canada and Mexico, with the European Union also at risk of imposing tariffs on goods exported to the US. In just the past week, gold prices have hit a record high of $3,000 an ounce twice.

Currently, the world gold price converted according to the listed exchange rate is about 93 million VND/tael.