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Closing price of gold on March 31, 2025: Domestic gold price continuously sets new records

At the end of the gold price session on March 31, 2025, domestic gold prices set a new record of over 101 million VND/tael, increasing sharply due to concerns about Trump's tax and economic instability.

Báo Quảng NamBáo Quảng Nam31/03/2025

Index
  • Closing price of gold today, March 31, 2025 in the domestic market
  • Closing price of gold today March 31, 2025 world market

Closing price of gold today, March 31, 2025 in the domestic market

At the time of survey at 4:00 p.m. on March 31, 2025, the domestic gold price this afternoon, March 31, 2025, continued to increase strongly, reaching a new record of over 101 million VND/tael, making the market more exciting than ever. Specifically:

The price of SJC gold bars in Hanoi was listed by PNJ Company at 99.5 - 101.8 million VND/tael (buy - sell), an increase of 1,100 thousand VND/tael in buying - an increase of 1,100 thousand VND/tael in selling compared to yesterday.

At the same time, the price of SJC gold bars at DOJI Group also recorded 99.5 - 101.8 million VND/tael (buy - sell), an increase of 1,100 thousand VND/tael in the buying direction - an increase of 1,100 thousand VND/tael in the selling direction, confirming the hot trend of gold prices this afternoon, March 31, 2025.

At Mi Hong Jewelry Company, SJC gold price is listed at 99.5 - 101.0 million VND/tael (buy - sell). Compared to yesterday, the gold price remained unchanged at the buying price but decreased slightly by 20 thousand VND/tael at the selling price.

SJC gold price at Bao Tin Minh Chau Company Limited reached 99.6 - 101.9 million VND/tael (buy - sell), increased by 700 thousand VND/tael in buying direction - increased by 1,100 thousand VND/tael in selling direction, continuing to reflect the strong fluctuations of gold price this afternoon, March 31, 2025.

At Phu Quy, SJC gold price is traded at 99.5 - 101.8 million VND/tael (buy - sell), an increase of 1,100 thousand VND/tael in both buying and selling directions compared to yesterday, promising to bring many opportunities for investors today.

With this impressive increase, the gold price this afternoon, March 31, 2025, is the center of attention of the market, reflecting the constant attraction of precious metals in the context of economic fluctuations.

As of 4:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 99.5-101.8 million VND/tael (buy - sell); an increase of 101 million VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 99.6-101.9 million VND/tael (buy - sell); increased 700 thousand VND/tael for buying - increased 1 million VND/tael for selling.

The latest gold price update table today, March 31, 2025 is as follows:

Gold price today
BuySell
SJC in Hanoi 99.5 ▲1100 101.8 ▲1100
DOJI Group 99.5 ▲1100 101.8 ▲1100
Red Eyelashes 99.5 - 101.0 ▼20
PNJ 99.5 ▲1100 101.8 ▲1100
Vietinbank Gold 101.8 ▲1100
Bao Tin Minh Chau 99.6 ▲700 101.9 ▲1100
Phu Quy 99.5 ▲1100 101.8 ▲1100
1. DOJI - Updated: March 31, 2025 16:00 - Source website time - ▼/▲ Compared to yesterday.
Type
Buy Sell
AVPL/SJC HN 99,500 ▲1100K 101,800 ▲1100K
AVPL/SJC HCM 99,500 ▲1100K 101,800 ▲1100K
AVPL/SJC DN 99,500 ▲1100K 101,800 ▲1100K
Raw material 9999 - HN 99,000 ▲600K 100,800 ▲1300K
Raw material 999 - HN 98,900 ▲600K 100,900 ▲700K
AVPL/SJC Can Tho 99,500 ▲1100K 101,800 ▲1100K
2. PNJ - Updated: March 31, 2025 16:00 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 99,500 ▲1100K 101,800 ▲1100K
HCMC - SJC 99,500 ▲1100K 101,800 ▲1100K
Hanoi - PNJ 99,500 ▲1100K 101,800 ▲1100K
Hanoi - SJC 99,500 ▲1100K 101,800 ▲1100K
Da Nang - PNJ 99,500 ▲1100K 101,800 ▲1100K
Da Nang - SJC 99,500 ▲1100K 101,800 ▲1100K
Western Region - PNJ 99,500 ▲1100K 101,800 ▲1100K
Western Region - SJC 99,500 ▲1100K 101,800 ▲1100K
Jewelry gold price - PNJ 99,500 ▲1100K 101,800 ▲1100K
Jewelry gold price - SJC 99,500 ▲1100K 101,800 ▲1100K
Jewelry gold price - Southeast PNJ 99,500 ▲1100K
Jewelry gold price - SJC 99,500 ▲1100K 101,800 ▲1100K
Jewelry gold price - PNJ 999.9 Plain Ring 99,500 ▲1100K
Jewelry gold price - Jewelry gold 999.9 99,200 ▲1100K 101,700 ▲1100K
Jewelry gold price - Jewelry gold 999 99,100 ▲1100K 101,600 ▲1100K
Jewelry gold price - Jewelry gold 99 98,280 ▲1090K 100,780 ▲1090K
Jewelry gold price - 916 gold (22K) 90,760 ▲1010K 93,260 ▲1010K
Jewelry gold price - 750 gold (18K) 73,930 ▲830K 76,430 ▲830K
Jewelry gold price - 680 gold (16.3K) 66,810 ▲750K 69,310 ▲750K
Jewelry gold price - 650 gold (15.6K) 63,760 ▲720K 66,260 ▲720K
Jewelry gold price - 610 gold (14.6K) 59,690 ▲670K 62,190 ▲670K
Jewelry gold price - 585 gold (14K) 57,150 ▲650K 59,650 ▲650K
Jewelry gold price - 416 gold (10K) 39,960 ▲460K 42,460 ▲460K
Jewelry gold price - 375 gold (9K) 35,790 ▲410K 38,290 ▲410K
Jewelry gold price - 333 gold (8K) 31,210 ▲360K 33,710 ▲360K
3. SJC - Updated: 31/3/2025 16:00 - Time of the source website - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 99,500 ▲1100K 101,800 ▲800K
SJC gold 5 chi 99,500 ▲1100K 101,820 ▲1100K
SJC gold 0.5 chi, 1 chi, 2 chi 99,500 ▲1100K 101,830 ▲1100K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 99,000 ▲800K 101,200 ▲1000K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 99,000 ▲800K 101,300 ▲1000K
Jewelry 99.99% 99,000 ▲800K 100,900 ▲1000K
Jewelry 99% 96,900
▲788K
99,504 ▲990K
Jewelry 68% 65,768
▲680K
68,768
▲608K
Jewelry 41.7% 39,229
▲333K
42,062 ▲333K

Closing price of gold today March 31, 2025 world market

At the time of trading at 4:30 p.m. on March 31, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,122.24 USD/ounce. Converted according to the USD exchange rate on the free market (25,960 VND/USD), the world gold price is equivalent to about 98.47 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (99.2-101.5 million VND/tael), the SJC gold price is currently about 1.03 million VND/tael higher than the international gold price.

On March 31, the price of gold in the world reached an all-time high and is on track to record the biggest increase in a quarter in more than 38 years. The main reason is that many people are worried that US President Donald Trump's tax plan could escalate the global trade war and slow down the economy. When things are so unstable, gold becomes a safe choice, like a shelter for people's money. Specifically, the spot price of gold increased by 1.1%, to 3,116.82 USD per ounce, even reaching a peak of 3,128.06 USD. The price of gold futures in the US also increased similarly, reaching 3,148.00 USD.

Interestingly, gold has risen more than 18% since the start of the quarter, its biggest gain since September 1986. In addition to economic and political uncertainty, gold prices have been boosted by a number of factors. For example, expectations of lower interest rates, increased purchases by central banks, and increased demand from investment funds have driven prices up. Gold prices have risen so rapidly that major banks have had to revise down their 2025 price forecasts. At the same time, the US dollar has weakened slightly by 0.2%, making gold, which is priced in dollars, cheaper for those using other currencies, further increasing its appeal.

KCM Trade analyst Tim Waterer said the market is nervous about the new tariffs from the US, which has led to gold being sought after as a way to protect assets. However, he added that if the tariffs announced this week are not as severe as feared, gold prices could fall a bit as many investors sell to take profits. Trump is expected to announce the new tariffs on April 2, with tariffs on the auto industry starting on April 3. He also said he would impose an additional 25%-50% tax on those buying oil from Russia if he felt Moscow was obstructing his efforts to end the war in Ukraine.

Meanwhile, Mary Daly, president of the Federal Reserve Bank of San Francisco, said that recent inflation data has made her less confident in her prediction of two interest rate cuts this year. This means that interest rates could remain higher than expected, affecting people's investment decisions. In addition to gold, other precious metals such as silver, platinum and palladium also rose slightly on the day, reaching $34.32, $994.60 and $980.11 per ounce, respectively, and are all on track for monthly gains. In short, gold and other precious metals are in the spotlight as the global economy is in turmoil.

Source: https://baoquangnam.vn/chot-phien-gia-vang-ngay-31-3-2025-gia-vang-trong-nuoc-lien-tuc-lap-ky-luc-moi-3151823.html


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