Gold price increased very strongly today, setting a new historical peak

Today's gold price, gold ring price, SJC gold bar price increased very high, reaching the peak of 93 million VND per tael again. Gold price increased today, do gold buyers make a profit?

Gold price increased very strongly today

Gold prices today, March 6, increased sharply. World gold prices at 9:00 a.m. on March 6 were trading around $2,923/ounce. World gold prices increased sharply, pulling up domestic gold prices.

Opening the morning trading session, today's gold price at Saigon Jewelry Company Limited - SJC listed gold bar price at 91 - 93 million VND/tael for buying - selling.

PNJ gold price is also being traded around 91-93 million VND/tael for buying and selling.

The price of gold rings today is at its highest level in history, 93.2 million VND/tael sold.

Bao Tin Minh Chau is listing the price of gold bars at 92 - 93.2 million VND/tael, which is the same price as for gold rings.

Meanwhile, today's gold price at DOJI is still being traded around 90.1 - 92.1 million VND/tael for buying and selling.

The high price of gold today has widened the gap between buying and selling prices of gold. The difference between buying and selling prices of gold is about 2 million VND/tael.

The high price of SJC gold bars has also led to a sharp increase in the price of gold rings. Saigon Jewelry Company Limited - SJC is selling gold rings at 92.9 million VND/tael and buying at 91 million VND/tael.

Compared to late yesterday afternoon, the price of SJC gold rings and gold bars has increased this morning. SJC gold at Saigon Jewelry Company Limited has increased by 300,000 VND/tael in both buying and selling directions.

The price of gold rings at this unit was also adjusted to increase by 300,000 VND per tael in both buying and selling directions.

As reported on March 5, the world gold price heated up when the USD continued to fall, US stocks were in red. According to Wall Street experts, US stocks were in red because stocks were sold off and many people moved capital into gold to shelter their capital, causing the gold price to increase very strongly.

Gold price increased today, did investors make a profit?

Gold price today increased very high, above the peak, but many investors and people who bought gold before still have not made a profit.

In the context of record high gold prices, investors should not buy gold at this time.

If you buy gold rings at Bao Tin Minh Chau and Bao Tin Manh Hai yesterday afternoon, March 5, at 93.1 million VND/tael, and sell them this morning at 92 million VND/tael, then the investor will immediately lose 1.1 million VND/tael.

However, if buying gold rings on God of Wealth Day 2025 at Bao Tin Minh Chau at the price of 89.55 million VND/tael and selling today at the price of 92 million VND/tael, investors and people will make a profit of more than 2.4 million VND/tael.

Economic experts recommend that gold is a safe haven asset, long-term. In the context of record high gold prices, investors should not buy gold at this time. If they have gold invested before, they can sell it or hold it longer.

Domestic gold prices rose while world prices remained above the threshold of 2,900 USD. In the international market, the precious metal was around 2,915 USD/ounce. Converted at the exchange rate excluding taxes and fees, world gold is equivalent to 90.3 million VND/tael.

Source: https://congthuong.vn/gia-vang-hom-nay-tang-rat-manh-lap-dinh-lich-su-moi-377005.html