Gold price today March 31 in domestic market

Gold price today, March 31, is high in the first session of the week. Experts have made many forecasts about gold price in the new week, most of which are still inclined to increase.

Morning Gold price today, March 31, in the domestic market, today, March 31, the price of SJC gold bars of all brands is buying at 98.4 million VND/tael and selling at 100.7 million VND/tael. Particularly, Bao Tin Minh Chau gold is buying at 100,000 VND higher than other brands.
With the above price, SJC gold bars are 4.3 million VND/tael higher than the international gold price.

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Similarly, the price of gold rings of all brands is also maintained at the same level as yesterday morning. Specifically, the price of SJC 9999 gold rings is fixed at 98.2 million VND/tael for buying and 100.4 million VND/tael for selling.

DOJI in Hanoi and Ho Chi Minh City markets maintains the same price as yesterday morning at 98.4 million VND/tael for buying and 100.7 million VND/tael for selling.

The price of PNJ brand gold rings is fixed at 98.4 million VND/tael for buying and 100.7 million VND/tael for selling.

Bao Tin Minh Chau listed the price of plain round gold rings at 98.9 million VND/tael for buying and 100.9 million VND/tael for selling.

Phu Quy SJC is buying gold rings at VND98.7 million/tael and selling at VND100.7 million/tael.

Gold price today, March 31, in the world market
At the beginning of the morning of March 31, the spot gold price on Kitco was anchored at $3,090.4/ounce, unchanged from the previous session.

Although gold increased sharply last week, experts and investors are still optimistic about this precious metal.

According to the results of Kitco News' gold survey, 85% predicted that gold prices would increase, 5% predicted that the price of this precious metal would decrease, and 10% chose the gold price to remain unchanged. Meanwhile, Kitco's online poll showed that 64% predicted that gold prices would increase, 19% predicted that prices would decrease, and 17% predicted that it would remain unchanged.

Goldman Sachs expects gold prices to end the year at $3,300/ounce. The bank said that stronger-than-expected capital flows into ETFs and stable demand from central banks were the main factors driving gold prices higher.

Mr. Ilya Spivak - Global Macro Director at market analysis firm Tastylive - commented that the $3,057 mark is an important threshold for world gold prices, followed by the $3,100/ounce mark.

In addition to technical factors, gold prices are still supported by US economic data showing a slowing growth rate. The upcoming jobs report next week could create volatility in the market.

In addition, economists are also monitoring the market's reaction to the US's implementation of new tariffs on April 2. These trade policies can affect the global economy and indirectly impact gold prices.

Hoang Ly (Consumer Specialty Newspaper)