Gold prices edged up slightly.

At 4:24 PM, Saigon Jewelry Company (SJC) listed the buying price at 171.5 million VND/ounce and the selling price at 174.5 million VND/ounce, an increase of 500,000 VND/ounce in the buying price and unchanged in the selling price compared to the closing price yesterday. The difference between the selling and buying price is 3 million VND/ounce.

At the same time, DOJI Group listed the buying and selling prices of gold at 171 - 174.5 million VND/ounce, maintaining the same prices as the previous session. The difference between the buying and selling price is currently 3.5 million VND/ounce.

The selling price of gold rings from several gold brands in Hanoi remained relatively unchanged compared to the previous closing price.

Specifically, Saigon Jewelry Company (SJC) listed the price of SJC gold rings (1-5 tael) at 171.3 - 174.3 million VND/tael, an increase of 500,000 VND/tael in the buying price. The difference between the buying and selling price is 3 million VND/tael.

Meanwhile, the price of 9999 Hung Thinh Vuong gold rings at DOJI is currently listed at 171 - 174.5 million VND/ounce, maintaining the same buying and selling prices as the previous trading session.

Giá vàng tăng nhẹ - Ảnh 1. — The outlook for the gold market in the near future is predicted to continue to be strongly influenced by geopolitical developments in the Middle East.

The market continues to be strongly impacted by geopolitical developments.

The outlook for the gold market in the near future is predicted to continue to be strongly influenced by geopolitical developments in the Middle East, energy price fluctuations, and monetary policy expectations of major central banks, especially the US Federal Reserve (Fed).

Recent gold price movements indicate that the precious metal is under significant pressure from the high interest rate environment. In March 2026, gold prices fell by more than 14%, heading towards their sharpest monthly decline since 2008. The main reason stems from the energy price shock as conflicts escalated, leading to concerns about rising inflation and forcing the market to readjust its expectations regarding interest rates.

Gold has traditionally been seen as a hedge against inflation and geopolitical instability. However, because it doesn't yield returns, the precious metal becomes less attractive when interest rates remain high.

Federal Reserve Chairman Jerome Powell said the U.S. central bank will continue to monitor the impact of the conflict with Iran on the economy and inflation before making further policy decisions. The Fed is currently keeping its benchmark interest rate unchanged at 3.5%–3.75%.

Bob Haberkorn, senior market strategist at commodity futures trading firm RJO Futures, believes gold prices could return above $5,000 per ounce if the easing of tensions continues, amid renewed expectations of interest rate cuts. The focus is currently on Iran and the Strait of Hormuz, and the development of the conflict and future prospects will determine market trends.

According to Tony Sycamore, a market analyst at IG Financial Group, an end to the conflict could be a "double-edged sword" for gold. On the one hand, a lasting peace agreement would weaken safe-haven demand – a factor that has previously supported gold prices. On the other hand, falling oil prices and easing inflationary pressures could revive expectations of Fed interest rate cuts in 2026, thereby supporting gold prices.

A report from the U.S. Bureau of Labor Statistics released on April 3rd showed that the country's job market rebounded strongly in March 2026. The number of jobs (excluding agricultural jobs) increased by 178,000 last month, marking the highest increase since the end of 2024. This solid growth is likely to help the Fed continue to focus on inflation risks, amid rapidly rising energy prices due to the conflict in Iran.