SJC gold bars increased by 1.3 million/tael when world gold surpassed the 3,300 USD/ounce mark.

At Saigon Jewelry Company (SJC), the price of SJC gold bars is listed at 118.8 million VND/tael (buy) and 120.8 million VND/tael (sell), an increase of 1.3 million VND per tael in both directions. For gold rings, the selling price is currently fluctuating around 116-117 million VND/tael at many gold trading companies. In particular, Bao Tin Minh Chau still maintains a fairly high price when buying round gold rings at 116.8 million VND/tael and selling at 119.8 million VND/tael, an increase of more than 1 million VND per tael compared to yesterday.

Gold recovered in line with the trend in the international market. Currently, the spot gold price is trading at 3,319.6 USD/ounce. The price of gold futures for delivery in June 2025 on the Comex New York floor also increased to 3,332 USD/ounce. At the Shanghai Gold Exchange - the largest physical gold trading center in Asia, gold also recorded a deep fall in recent times and edged up slightly this morning to 787 yuan/gram .

World gold prices reversed to increase slightly , while the USD could not maintain the upward trend. The US Dollar Index (DXY), which measures the USD against 6 major currencies, has recovered in an attempt to overcome the psychological threshold of 100 points but failed. The DXY index is currently trading around 99 points.

Meanwhile, despite falling from a record high of nearly $3,500 an ounce set last week, trade tensions between the world's two largest economies continue to maintain safe-haven demand for gold. Investors are preparing for a series of data reflecting the initial impact of the reciprocal tariffs announced by President Trump in early April. First-quarter GDP figures and PCE - the Fed's preferred inflation measure - will both be released this week. According to experts' forecasts, the March personal consumption expenditure (PCE) report is expected to show overall inflation at around 2.2% compared to the same period last year and the index may increase by only 0.1% compared to the previous month - the lowest increase since March 2021.

The State Bank of Vietnam (SBV) continued to slightly reduce the central exchange rate this morning to 24.956 VND /USD. Correspondingly, the ceiling exchange rate decreased to 26,203 VND/USD. At Vietcombank , the listed USD exchange rate was 25,820 VND/USD (buying by transfer) and 26,180 VND/USD (selling), an increase of 10 VND/USD. In the free market, the USD price is still high. Surveys at some stores are still high, the USD selling price has exceeded 26,500 VND/USD.

Source: https://baodautu.vn/vang-mieng-sjc-tang-13-trieu-uong-khi-vang-the-gioi-vuot-moc-3300-usdounce-d274884.html