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Monday, March 31, 2025

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Gold prices rise amid tariff uncertainty

Gold prices have surpassed the US$3,000-per-ounce mark, setting a new record in recent history. This surge comes amid growing concerns over the global economic outlook, spurred by the tariff policies of U.S. President Donald Trump’s administration. Gold at new highs On March 14, 2025, gold—widely regarded as the top safe-haven asset in times of economic and political volatility—briefly climbed to US$3,005.08 per ounce before slightly retreating. Futures prices also topped US$2,940 per ounce shortly after U.S. tariffs on steel and aluminum came into effect. Since the beginning of the year, gold prices have risen by approximately 14%, while the S&P 500 index has dropped more than 4% and recently entered into correction territory as of the week ending March 14. Even blue-chip stocks like Apple have just experienced their worst trading week in five years. According to Bloomberg, in a broader context, gold prices have surged tenfold since 2000, far outpacing the S&P 500’s fourfold gain over the same period. This highlights the enduring appeal of the precious metal as a long-term store of value. Investment inflows into gold are also at record levels. Over 23 million ounces of gold, valued at around US$70 billion, have flowed into the vaults […]
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Domestic gold prices hit record highs

HCMC - Vietnam's gold bar prices jumped by between VND500,000 and VND1.5 million per tael to a record high of VND100.4 million this morning,...

Domestic gold prices exceed VND100 million per tael

HCMC – Gold prices in Vietnam continued their relentless climb, as gold rings surged further this afternoon, March 19, to cross the VND100-million-per-tael mark. As...

Local gold prices surge past VND96 million per tael

HCMC – Domestic gold prices surged further this morning, March 14, with gold rings reaching a record high of over VND96 million per tael,...

Local gold ring prices soar to new highs

HCMC – Gold prices in Vietnam continued their upward spiral this morning, March 13, with gold rings reaching a record high of VND94.8 million...

Domestic gold prices inch down

HCMC - Local gold bar prices have inched down by VND100,000-200,000 per tael against the previous session to VND89.2-90.5 million per tael today, February...

Gold prices surge in Vietnam

HCMC – Gold prices in Vietnam surged on February 13, with SJC gold bars selling at VND90.7 million per tael and gold rings surpassing...

Gold prices ease off record highs

HCMC – Gold prices in Vietnam fell sharply on the afternoon of February 11, reversing earlier gains that had pushed them to record levels. SJC...

Local gold prices rebound to VND90 million per tael

HCMC – SJC-brand gold bar prices rebounded to VND90 million per tael at some jewelry firms around 9 a.m. on February 7, coinciding with...

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