Gold ring price "jumps" to new peak, world is unstable, there is still reason to buy, waiting for the next record

Báo Quốc TếBáo Quốc Tế12/03/2025

Gold price today, March 13, 2025, recorded gold rings reaching a new peak of 94 million VND/tael. According to experts, gold will still be a popular asset in the context of investors' concerns about trade wars and the poor economic outlook of the US.


1. PNJ - Updated: 01/01/1970 08:00 - Website time of supply - / Compared to yesterday.
Type Buy Sell
HCMC - PNJ 92,300 ▲300K 93,900 ▲500K
HCMC - SJC 91,800 ▲800K 93,500 ▲500K
Hanoi - PNJ 92,300 ▲300K 93,900 ▲500K
Hanoi - SJC 91,800 ▲800K 93,500 ▲500K
Da Nang - PNJ 92,300 ▲300K 93,900 ▲500K
Da Nang - SJC 91,800 ▲800K 93,500 ▲500K
Western Region - PNJ 92,300 ▲300K 93,900 ▲500K
Western Region - SJC 91,800 ▲800K 93,500 ▲500K
Jewelry gold price - PNJ 92,300 ▲300K 93,900 ▲500K
Jewelry gold price - SJC 91,800 ▲800K 93,500 ▲500K
Jewelry gold price - Southeast PNJ 92,300 ▲300K
Jewelry gold price - SJC 91,800 ▲800K 93,500 ▲500K
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 92,300 ▲300K
Jewelry gold price - Jewelry gold 999.9 91,300 ▲500K 93,800 ▲500K
Jewelry gold price - Jewelry gold 999 91,210 ▲500K 93,710 ▲500K
Jewelry gold price - Jewelry gold 99 90,460 ▲490K 92,960 ▲490K
Jewelry gold price - 916 gold (22K) 83,520 ▲460K 86,020 ▲460K
Jewelry gold price - 750 gold (18K) 68,000 ▲370K 70,500 ▲370K
Jewelry gold price - 680 gold (16.3K) 61,430 ▲340K 63,930 ▲340K
Jewelry gold price - 650 gold (15.6K) 58,620 ▲320K 61,120 ▲320K
Jewelry gold price - 610 gold (14.6K) 54,870 ▲310K 57,370 ▲310K
Jewelry gold price - 585 gold (14K) 52,520 ▲290K 55,020 ▲290K
Jewelry gold price - 416 gold (10K) 36,670 ▲210K 39,170 ▲210K
Jewelry gold price - 375 gold (9K) 32,830 ▲190K 35,330 ▲190K
Jewelry gold price - 333 gold (8K) 28,600 ▲160K 31,100 ▲160K

Update gold price today 3/13/2025

Domestic gold prices turned green, rising to new heights.

Specifically, at the end of the trading session on March 12, at Saigon Jewelry Company (SJC), the price of gold bars was listed at VND91.8 million/tael (buy) and VND93.5 million/tael (sell). The price of gold this afternoon increased by VND800,000/tael in the buying direction - increased by VND500,000/tael in the selling direction compared to the closing price of the previous trading session.

DOJI system listed SJC gold at buying price of 91.8 million VND/tael and selling price of 93.5 million VND/tael. This price increased by 800 thousand VND/tael for buying and 500 thousand VND/tael for selling compared to the previous day.

Bao Tin Minh Chau Company Limited listed the price of SJC gold at 92 million VND/tael (buy) and 93.5 million VND/tael (sell). This price increased by 1 million VND/tael for buying and 700 thousand VND/tael for selling compared to the previous day.

Meanwhile, the price of gold rings hit a record high of 94 million VND/tael.

Specifically, SJC 9999 is currently bought at 91.8 million VND/tael and sold at 93.4 million VND/tael. The price of gold rings increased by 800 thousand VND/tael in the buying direction - increased by 500 thousand VND/tael in the selling direction compared to the end of the previous trading session.

For Hung Thinh Vuong 9999 gold ring (DOJI), the buying price is 92.5 million VND/tael and the selling price has decreased to 94 million VND/tael, the price increased by 400 thousand VND/tael for buying - increased by 500 thousand VND/tael for selling compared to the previous day.

Bao Tin Minh Chau listed the price of gold rings at 92.55-94.1 million VND/tael (buy - sell); the price increased by 550 thousand VND/tael for buying - increased by 600 thousand VND/tael for selling.

World gold prices fell as the USD stopped falling.

According to the World and Vietnam Newspaper at 5:40 p.m. on March 12, the world gold price on the Kitco exchange was at 2,912.2-2,913.2 USD/ounce, down 3.4 USD compared to the previous session.

Investors are waiting for the US to release inflation data to assess the possibility of the US Federal Reserve (Fed) adjusting interest rates.

In addition, the market is also closely monitoring developments related to trade tensions, concerns about economic recession and signals about negotiations between Russia and Ukraine.

Market sentiment remains cautious at the moment as US trade policy continues to change. President Donald Trump has repeatedly changed his stance on tariffs, from imposing and then delaying tariffs on Canada and Mexico to raising tariffs on Chinese goods.

The moves have caused major turmoil in global markets, and China and Canada have also retaliated with their own tariffs, adding to the economic uncertainty.

According to many experts, gold will still be a popular asset in the context of investors' concerns about trade wars and the poor economic outlook in the US. The precious metal is still in an upward trend as trade tensions continue to develop complicatedly.

Giá vàng hôm nay 15/8: Thời điểm tuyệt vời để mua vào, chuyên gia kỳ vọng vàng lấy lại mức 1.800 USD vào tuần tới (Nguồn: metrosport)
Gold price today March 13, 2025: Gold ring price 'jumps' to new peak, world is unstable, there is still reason to buy, waiting for the next record. (Source: metrosport)

Summary of SJC gold bar and gold ring prices at major domestic trading brands at the closing time of March 12:

Saigon Jewelry Company SJC: SJC gold bars 91.8 - 93.5 million VND/tael.

DOJI Group: SJC gold bars 91.8 - 93.5 million VND/tael.

PNJ system: SJC gold bars 92.3 - 93.9 million VND/tael.

Phu Quy Gold and Silver Group: SJC gold bars: 92 - 93.5 million VND/tael.

SJC gold price at Bao Tin Minh Chau is listed at 92 - 93.5 million VND/tael.

Precious metals set to hit new record highs soon

Factors that "push" the world gold price up include concerns about a global economic recession, political and financial instability in many regions. In addition, concerns about inflation in major countries, especially the US, also cause many investors to seek gold to protect their assets.

In addition, the global gold market has also seen an increase in gold purchases by central banks, especially from countries such as China, Russia and Türkiye. These countries continue to buy gold to diversify their foreign exchange reserves, especially when concerns about the devaluation of the US dollar are growing.

In the short term, Adrian Day Asset Management Chairman Adrian Day observed: “The reasons for people buying gold are not lost and we think the precious metal will soon conquer new record highs.”

Expert George Milling Stanley (State Street Global Advisors) assessed that the world's precious metal could reach 3,000 - 3,200 USD/ounce by the end of 2025, if inflation in the US increases.

However, this expert also does not rule out the possibility that gold prices will fall to 2,400 USD/ounce if the global economy recovers strongly and factors supporting the precious metal gradually decrease.



Source: https://baoquocte.vn/gia-vang-hom-nay-1332025-gia-vang-nhan-nhay-dinh-moi-the-gioi-bap-benh-con-ly-do-de-mua-vao-cho-ky-luc-tiep-theo-307279.html

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