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Tiếng Việt
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The gold market on March 23, 2026 recorded one of the sharpest declines in recent years. According to the latest update at 15:30 today, both domestic and global gold prices dropped significantly, catching investors off guard.
Specifically, SJC gold prices have fallen from recent peaks and are now trading in the range of 160–164 million VND per tael, marking a steep decline within a short period.
Meanwhile, global gold prices also followed the downward trend, losing more than 240 USD per ounce, signaling strong selling pressure across international markets.
Based on data updated at 15:30 on March 23, 2026, major gold retailers listed:
Compared to the previous day, gold prices dropped by approximately 7–9 million VND per tael. When compared to recent peaks, the total decline has exceeded 20 million VND per tael—highlighting the severity of this market correction.
Notably, despite the sharp drop, domestic gold prices still maintain a significant premium over global prices, reflecting local supply-demand dynamics.
According to data updated at 15:33 the same day, global gold (XAU/USD) recorded:
This marks one of the steepest declines in gold prices since the beginning of 2026.
Typically, gold rises during periods of geopolitical uncertainty. However, the current decline suggests that macroeconomic factors are outweighing traditional safe-haven demand.
The US dollar has strengthened significantly, attracting global capital flows. As gold is priced in USD, a stronger dollar makes gold more expensive for international investors, reducing demand.
The Federal Reserve continues to maintain a tight monetary policy stance. High interest rates reduce the attractiveness of non-yielding assets like gold, as investors shift toward income-generating instruments.
Gold prices had previously surged to record highs. This triggered widespread profit-taking among institutional investors, leading to strong selling pressure across the market.
Investors are increasingly favoring cash and USD over gold amid heightened market volatility. This shift in sentiment is accelerating the downward momentum.
Gold prices may continue to experience high volatility, with potential technical rebounds after the sharp decline.
The trend will largely depend on:
As of 15:30 on March 23, 2026, the gold market is undergoing one of its most significant downturns in years. Domestic prices have fallen to the 160–164 million VND per tael range, while global prices have dropped more than 5%.
This movement highlights the strong influence of macroeconomic factors, particularly the strength of the US dollar and interest rate policies.
In the short term, investors should remain cautious, as the market continues to experience high volatility with no clear signs of stabilization yet.
