Gold price on March 26: All increased again, gold rings approaching 99 million VND/tael

In the domestic market, gold prices increased again following world price developments as demand for asset storage increased.

Specifically, at 9:30 a.m. on March 24, Saigon Jewelry Company (SJC) listed the buying and selling prices of SJC gold bars at VND96.5-98.2 million/tael, up VND600,000 and VND300,000/tael respectively compared to yesterday's closing price.

The price of SJC 9999 gold ring is 96.4 million VND/tael for buying and 98 million VND/tael for selling, up 600,000 VND and 300,000 VND respectively compared to the previous session.

DOJI gold bar price in Hanoi and Ho Chi Minh City is bought at 96.5 million VND/tael and sold at 98.2 million VND/tael, increased by 600,000 VND and 300,000 VND/tael respectively compared to the previous session.

This brand listed the buying and selling price of Doji Hung Thinh Vuong 9999 gold ring at 96.5-98.8 million VND/tael.

PNJ gold bought at 96.4 million VND/tael and sold at 98.8 million VND/tael, up 300,000 VND and 100,000 VND/tael respectively compared to the previous session.

As of 9:30 a.m. on March 26 (Vietnam time), the world gold price increased by 12.2 USD compared to the previous session's close, down to 3,023.7 USD/ounce.

After two sharp declines to "absorb" the rapid and consecutive increases to new peaks recently, gold prices continued to reverse upward as the USD depreciated and demand for capital shelter increased.

Last night, the world gold price increased steadily as safe-haven money returned to the precious metal market due to concerns about instability from US trade and foreign policies. In addition, the greenback's decline made gold more attractive to investors.

Gold is looking to continue to consolidate its solid top zone above $3,000 an ounce until the end of the month, said Colin Cieszynski, chief market strategist at SIA Wealth Management.

Analyst James Hyerczyk at FX Empire predicts that gold demand will remain solid due to the potential weakening of the US dollar, the US Federal Reserve's (FED) loose monetary policy and tariff uncertainty in the world's No. 1 economy .

Central bank gold purchases hit a record pace in the first quarter of 2025, while retail demand in Asia surged amid concerns about currency devaluation, according to the World Gold Council.

With the above information, the market seems to be expecting the precious metal to continue to strengthen. Investors increased their purchasing power when gold fell to around 3,010 USD/ounce, pushing the world gold price up again, at times reaching 3,035 USD/ounce.

This morning, the USD-Index fell slightly to 104.25 points; the yield on the 10-year US Treasury bond was at 4.336%; US stocks were flat as the market focused on tariffs and economic signals; oil prices maintained their upward momentum, trading at $72.66/barrel for Brent and $68.02/barrel for WTI.

Source: https://baotuyenquang.com.vn/gia-vang-ngay-26-3-dong-loat-tang-tro-lai-vang-nhan-tien-sat-99-trieu-dong-luong-208982.html