Gold prices today, March 25, 2025, on the international market fluctuated strongly, plummeted again but still held the 3,000 USD/ounce mark. Plain rings and SJC pieces reversed and decreased, to 97-98.2 million VND/tael for gold rings, sold.
Domestic gold ring prices this morning were adjusted down following the trend of world gold prices.
Early this morning, Saigon Jewelry Company (SJC) listed the price of gold rings of type 1-5 at only 94.8-97.2 million VND/tael (buy - sell), down 200 thousand VND per tael in both buying and selling compared to yesterday's closing price.
Doji Gold and Gemstone Group traded 9999 gold rings at 95.6-98.2 million VND/tael (buy - sell) early this morning, also down 200,000 VND per tael in both buying and selling compared to yesterday's closing price.
Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
SJC | 94,800,000 | - 200,000 | 97,200,000 | - 200,000 |
Doji | 95,600,000 | - 200,000 | 98,200,000 | - 200,000 |
SJC and Doji gold ring price list updated morning of March 25
Opening the trading session on March 25 , the price of SJC 9999 gold decreased by 200 thousand VND per tael in both buying and selling compared to the closing price of yesterday's trading session, at 94.9-97.4 million VND/tael (buying - selling).
The price of 9999 gold was listed by Saigon Jewelry Company Limited (SJC) at 8:28 a.m. and the price of 9999 gold was listed by Doji Jewelry Group at 8:41 a.m. as follows:
Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
SJC HCMC | 94,900,000 | - 200,000 | 97,400,000 | - 200,000 |
Doji Hanoi | 94,900,000 | - 200,000 | 97,400,000 | - 200,000 |
Doji HCMC | 94,900,000 | - 200,000 | 97,400,000 | - 200,000 |
SJC and Doji gold bar price list updated on the morning of March 25
The central exchange rate on March 25 announced by the State Bank was 24,847 VND/USD, up 16 VND compared to the previous trading session. The USD price at commercial banks this morning (March 25) was commonly listed at 25,430 VND/USD (buy) and 25,820 VND/USD (sell).
At 8:29 a.m. today (March 25, Vietnam time) , the world spot gold price was at 3,012.3 USD/ounce, down 14.5 USD/ounce compared to last night. The gold futures price for April 2025 on the Comex New York floor was at 3,045.8 USD/ounce.
On the morning of March 25 , the world gold price converted to USD bank price was over 94.7 million VND/tael, including tax and fees, about 2.7 million VND/tael lower than the domestic gold price.
The price of gold on the Kitco floor at 8:30 p.m. (March 24, Vietnam time) was trading at $3,026.8/ounce, up 0.19% from the beginning of the session. The price of gold futures for April 2025 delivery on the Comex New York floor was trading at $3,057/ounce.
At the beginning of the trading session on March 24 (US time), the world gold price increased slightly due to the safe haven demand of investors. The gold market is still concerned that political instability will become more complicated in the coming days. Therefore, gold is the choice for safe investment purposes.
Although the gold market did not witness a “huge” increase, the precious metal established a solid support level above $3,000/ounce. According to experts, this could be a bigger success than setting a new record.
Colin Cieszynski, market strategist at SIA Wealth Management - an expert with a neutral view on gold prices in the coming days, commented that gold prices will continue to consolidate and maintain the level of 3,000 USD/ounce until the end of this month.
Cieszynski predicts the market will pick up again in early April when the US gets more serious about tariffs.
Adrian Day, chairman of Adrian Day Asset Management, said he expects gold prices to fall this week. However, the decline will be shallow and short-lived. Adrian stressed that the market is concerned that the US Federal Reserve (Fed) is in no hurry to cut interest rates.
However, that is not a factor that has much impact on the direction of gold in recent times. Therefore, the fundamental dynamics of gold remain unchanged.
At the end of the session on March 24, the price of gold bars at SJC closed at 95.1-97.6 million VND/tael (buy - sell), an increase of 700,000 VND/tael (buy) and 200,000 VND/tael more expensive (sell) compared to the end of the trading session last weekend.
At the end of the session, the price of SJC gold rings of 1-5 chi was listed at 95-97.4 million VND/tael (buy - sell), an increase of 700,000 VND/tael for buying and 400,000 VND/tael for selling.
9999 gold ring at Doji closed the session at 95.8-98.4 million VND/tael, up 200,000 VND/tael in both directions compared to the closing price last week.
Gold Price Forecast
The threat of tariffs will continue to support gold prices above $3,000 an ounce, said Marc Chandler, chief executive of Bannockburn Global Forex.
Profit-taking after gold’s recent gains is normal, according to Adam Button, head of currency strategy at Forexlive.com. He said that holding above $3,000 an ounce is a significant milestone.
Gainesville Coins market analyst Everett Millman also noted that the current pullback is a positive development within the larger uptrend in gold.
After being sold off in the last 3-4 trading sessions, investors will soon return to the market and push gold prices to new record highs.
Rob Haworth, an expert at US Bank Wealth Management, commented that the current gold price largely reflects concerns about the global economy and the US dollar. However, for gold prices to continue to rise, the factors of instability must not only remain but also increase.
Source: https://vietnamnet.vn/gia-vang-hom-nay-25-3-2025-o-at-mua-vao-nhan-tron-va-sjc-tang-vot-2383993.html
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