Gold price today March 28, 2025: Domestic and world gold prices rise to new all-time record highs

Domestic gold price today March 28, 2025

At the time of survey at 4:30 a.m. on March 28, 2025, domestic gold prices continued to increase, gold ring prices approached the 100 million VND/tael mark, and gold bar prices exceeded the 99 million VND mark. Specifically:

DOJI Group listed the price of SJC gold bars at 97.4-98.9 million VND/tael (buy - sell), an increase of 700 thousand VND/tael for buying - an increase of 500 thousand VND/tael for selling compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 97.4-98.9 million VND/tael (buy - sell), an increase of 700 thousand VND/tael in buying - an increase of 500 thousand VND/tael in selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 98.5-99.7 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 1.3 million VND/tael for both buying and selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 97.5-98.9 million VND/tael (buying - selling, up 700 thousand VND/tael in buying direction - up 500 thousand VND/tael in selling direction compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 97.4-98.9 million VND/tael (buy - sell), gold price increased by 700 thousand VND/tael in buying direction - increased by 500 thousand VND/tael in selling direction compared to yesterday.

As of 4:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 97.2-99.5 million VND/tael (buy - sell); an increase of 500 thousand VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 97.6-99.7 million VND/tael (buy - sell); increased 800 thousand VND/tael for buying - increased 600 thousand VND/tael for selling.

The latest gold price list today, March 28, 2025 is as follows:

Gold price today	March 28, 2025 (million dong)		Difference (thousand dong/tael)
	Buy	Sell	Buy	Sell
SJC in Hanoi	97.4	98.9	+700	+500
DOJI Group	97.4	98.9	+700	+500
Red Eyelashes	98.5	99.7	+1300	+1300
PNJ	97.4	98.9	+700	+500
Vietinbank Gold		98.9		+500
Bao Tin Minh Chau	97.5	98.9	+700	+500
Phu Quy	97.4	98.9	+700	+500

1. DOJI - Updated: March 28, 2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
Type	Buy	Sell
AVPL/SJC HN	97,400 ▲700K	98,900 ▲500K
AVPL/SJC HCM	97,400 ▲700K	98,900 ▲500K
AVPL/SJC DN	97,400 ▲700K	98,900 ▲500K
Raw material 9999 - HN	97,200 ▲500K	98,600 ▲500K
Raw material 999 - HN	97,100 ▲500K	98,500 ▲500K
AVPL/SJC Can Tho	97,400 ▲700K	98,900 ▲500K

2. PNJ - Updated: March 28, 2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type	Buy	Sell
HCMC - PNJ	97,400 ▲700K	99,400 ▲400K
HCMC - SJC	97,400 ▲700K	98,900 ▲500K
Hanoi - PNJ	97,400 ▲700K	99,400 ▲400K
Hanoi - SJC	97,400 ▲700K	98,900 ▲500K
Da Nang - PNJ	97,400 ▲700K	99,400 ▲400K
Da Nang - SJC	97,400 ▲700K	98,900 ▲500K
Western Region - PNJ	97,400 ▲700K	99,400 ▲400K
Western Region - SJC	97,400 ▲700K	98,900 ▲500K
Jewelry gold price - PNJ	97,400 ▲700K	99,400 ▲400K
Jewelry gold price - SJC	97,400 ▲700K	98,900 ▲500K
Jewelry gold price - Southeast	PNJ	97,400 ▲700K
Jewelry gold price - SJC	97,400 ▲700K	98,900 ▲500K
Jewelry gold price - Jewelry gold price	PNJ 999.9 Plain Ring	97,400 ▲700K
Jewelry gold price - Jewelry gold 999.9	96,800 ▲400K	99,300 ▲400K
Jewelry gold price - Jewelry gold 999	96,700 ▲400K	99,200 ▲400K
Jewelry gold price - Jewelry gold 99	95,910 ▲400K	98,410 ▲400K
Jewelry gold price - 916 gold (22K)	88,560 ▲370K	91,060 ▲370K
Jewelry gold price - 750 gold (18K)	72,130 ▲300K	74,630 ▲300K
Jewelry gold price - 680 gold (16.3K)	65,170 ▲270K	67,670 ▲270K
Jewelry gold price - 650 gold (15.6K)	62,200 ▲260K	64,700 ▲260K
Jewelry gold price - 610 gold (14.6K)	58,220 ▲240K	60,720 ▲240K
Jewelry gold price - 585 gold (14K)	55,740 ▲230K	58,240 ▲230K
Jewelry gold price - 416 gold (10K)	38,960 ▲170K	41,460 ▲170K
Jewelry gold price - 375 gold (9K)	34,890 ▲150K	37,390 ▲150K
Jewelry gold price - 333 gold (8K)	30,420 ▲130K	32,920 ▲130K

3. SJC - Updated: 03/28/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG	97,400 ▲700K	98,900 ▲500K
SJC gold 5 chi	97,400 ▲700K	98,920 ▲500K
SJC gold 0.5 chi, 1 chi, 2 chi	97,400 ▲700K	98,930 ▲500K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi	97,200 ▲600K	98,700 ▲500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi	97,200 ▲600K	98,800 ▲500K
Jewelry 99.99%	97,200 ▲600K	98,400 ▲500K
Jewelry 99%	94,425 ▲494K	97,425 ▲494K
Jewelry 68%	64,068 ▲339K	67,068 ▲339K
Jewelry 41.7%	38,186 ▲208K	41,186 ▲208K

World gold price today March 28, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was at 3,050.77 USD/ounce. Today's gold price increased by 35.43 USD/ounce compared to yesterday. Converted according to the USD exchange rate, on the free market (25,935 VND/USD), the world gold price is about 96.65 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 2.25 million VND/tael higher than the international gold price.

The world gold price has increased sharply to a new record high for the 17th time as investors rushed to buy gold as a safe haven. The main reason is the new news about the war in Russia - Ukraine.

Russia and Ukraine accuse each other of sabotaging the ceasefire agreement by launching large-scale attacks on energy infrastructure. Immediately after the agreement to stop attacking each other's energy infrastructure for 30 days.

Gold prices rose to an all-time high on another account: better-than-expected U.S. labor market data. The U.S. Department of Labor reported a seasonally adjusted 224,000 initial jobless claims for the week ending March 22, slightly below the forecast of 225,000. This was also an improvement from the previous week (which was revised up to 225,000).

In addition, the four-week average of jobless claims – often considered a more stable measure because it minimizes week-to-week fluctuations – also recorded 224,000, lower than the forecast of 228,000 and down from the previous week's average (228,750).

In addition, the number of people receiving unemployment benefits (continuing applications) in the week ending March 15 also decreased to 1.856 million, lower than both the expected level (1.89 million) and the revised figure for the previous week (1.881 million). These positive signals show that the US labor market is still stable, but at the same time, they also strengthen the price of gold as a safe investment channel in the context of global economic uncertainty.

US gold futures rose 1.1% to $3,056.10 an ounce, after hitting a record $3,065.50 earlier in the session. Gold is considered a safe haven in times of economic and political uncertainty and tends to rise when interest rates are low.

Meanwhile, the latest estimate from the Atlanta Fed’s GDP forecast tool shows the economy could shrink 1.8% this quarter. Concerns about slowing growth are helping push gold prices above $3,000 an ounce.

Last week, the US Federal Reserve decided to keep interest rates unchanged but hinted that it could cut them later this year. Investors are now waiting for US personal consumption expenditure (PCE) data, due out on Friday, to gauge whether the Fed will continue to cut rates. Haberkorn said that if the PCE data is better than expected, gold prices could rise further as the Fed will have more grounds to cut interest rates.

Besides gold, spot silver prices rose 0.6% to $33.90 an ounce, while platinum prices fell 0.5% to $970.25 an ounce. Palladium edged up 0.4% to $972.42 an ounce.

Gold Price Forecast

In another development, Goldman Sachs raised its forecast for gold prices by the end of 2025 to $3,300 an ounce (from $3,100 an ounce previously), due to stronger-than-expected inflows into ETFs and sustained central bank demand for gold.

Gold prices could soon hit $3,100 an ounce, driven by increased safe-haven demand, driven by uncertainty surrounding Trump’s tariff plans, said Bob Haberkorn, senior market strategist at RJO Futures.

Aakash Doshi, global head of gold at SPDR ETF Strategy, predicts that gold prices could surpass $3,100 an ounce in the second quarter of this year. He believes that if macro factors and market demand remain stable, gold prices could rise another 8% to 10% by the end of 2025.

Investors are now waiting for the US personal consumption expenditure (PCE) data to be released on March 28. This information is considered an important indicator to assess the possibility that the US Federal Reserve (Fed) will adjust interest rates in the near future.

According to Ilya Spivak, global macro director at Tastylive, the March high of $3,057 per ounce is the nearest resistance level for gold. If this level is broken, the price of gold will head towards the next level of $3,100 per ounce.

In an interview with Kitco News, Jigna Gibb, head of commodity and cryptocurrency index products at Bloomberg, said that as inflation continues to erode the purchasing power of currencies, gold and Bitcoin are becoming increasingly popular as alternative tools and portfolio allocations.

In Bank of America's latest report, analysts expect the average gold price in 2025 to be around $3,063/ounce and continue to increase to $3,350/ounce in 2026. These forecasts are much higher than previous estimates.

BofA also noted that if investment demand increases by 10%, spot gold prices could hit $3,500 an ounce within the next two years. In addition, central banks currently hold about 10% of their foreign exchange reserves in gold, a ratio that could rise to over 30% in the future.

Société Générale Bank has also just forecasted that the average gold price will reach around $3,300/ounce in the fourth quarter of 2025. If geopolitical tensions increase, the price of $4,000/ounce is completely achievable. In this context, it is understandable that central banks continue to buy gold to protect the value of foreign exchange reserves.

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Source: https://baonghean.vn/gia-vang-hom-nay-28-3-2025-gia-vang-trong-nuoc-va-the-gioi-tang-len-dinh-ky-luc-moi-cao-nhat-moi-thoi-dai-10293913.html