The price of SJC gold bars and gold rings is skyrocketing, approaching the 100 million VND/tael mark.

(NLDO) - The price of gold bars and gold rings this morning, March 18, reached 97.5 million VND/tael - the highest ever.

On the morning of March 18, the price of SJC gold bars and gold rings listed by SJC, PNJ, and DOJI enterprises was at a sky-high level, with 95.4 million VND/tael for buying and 96.9 million VND/tael for selling - an increase of 800,000 VND compared to the end of yesterday.

Also for 24K gold bars, Bao Tin Minh Chau Company listed the price of Rong Thang Long gold at 95.9 million VND/tael for buying, 97.5 million VND/tael for selling - 700,000 VND higher than SJC gold bars. This is also a record price of gold bars up to this point. The difference between buying and selling prices is only 1.6 million VND/tael.

The difference in buying and selling price of SJC gold bars is quite surprising, because previously it was up to 3-3.5 million VND/tael.

Bao Tin Minh Chau's 24K gold rings and jewelry are also the highest in the market, at 97.5 million VND/tael for sale.

Not only gold bars, the price of 99.99 gold rings and jewelry gold of all kinds also remained at historical peaks. 99.99 plain gold rings were bought by SJC Company at 95.3 million VND/tael, sold at 96.8 million VND/tael - an increase of 800,000 VND compared to the end of yesterday.

PNJ Company sells gold rings for up to 97.3 million VND; Bao Tin Minh Chau for up to 97.5 million VND/tael - much higher than the price of SJC gold bars.

Both gold bar and gold ring prices are being maintained by businesses at their highest levels in history.

Domestic and world gold prices hit new peaks

Since the beginning of March, the domestic gold price has increased by nearly 6 million VND/tael. With the current developments, many people are wondering whether the gold price will increase to 100 million VND/tael?

Domestic gold prices have skyrocketed as world prices have returned to the $3,000/ounce threshold, even surpassing this mark.

At 9:00 a.m. Vietnam time, the world gold price was at 3,012 USD/ounce, up about 12 USD/ounce compared to the previous session. This is also the record price of this precious metal ever. Thus, after only a cooling down session at the end of the week, the gold price continued to climb back to the peak.

Gold prices rose sharply today due to the increased demand for safe haven capital amid the impact of US President Donald Trump's drastic trade policies. According to analysts, trade tensions, geopolitical conflicts and expectations of changes in monetary policy have prompted investors to seek stability, and gold is the expected safe haven.

Currently, the world gold price converted according to the listed exchange rate is about 93.5 million VND/tael.

Source: https://nld.com.vn/gia-vang-mieng-sjc-va-vang-nhan-cao-chot-vot-tien-gan-moc-100-trieu-dong-luong-1962503181003524.htm