Gold price today March 25, 2025, Gold price has increased while waiting in the context of a weak USD and the uncertain tariff policy of US President Donald Trump. Gold ring price tends to increase slightly. Russians buy record amount of gold.
| 1. PNJ - Updated: 01/01/1970 08:00 - Website time of supply source - ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 95,900 ▲200K | 98,400 ▲100K |
| HCMC - SJC | 95,100 ▲700K | 97,600 ▲200K |
| Hanoi - PNJ | 95,900 ▲200K | 98,400 ▲100K |
| Hanoi - SJC | 95,100 ▲700K | 97,600 ▲200K |
| Da Nang - PNJ | 95,900 ▲200K | 98,400 ▲100K |
| Da Nang - SJC | 95,100 ▲700K | 97,600 ▲200K |
| Western Region - PNJ | 95,900 ▲200K | 98,400 ▲100K |
| Western Region - SJC | 95,100 ▲700K | 97,600 ▲200K |
| Jewelry gold price - PNJ | 95,900 ▲200K | 98,400 ▲100K |
| Jewelry gold price - SJC | 95,100 ▲700K | 97,600 ▲200K |
| Jewelry gold price - Southeast | PNJ | 95,900 ▲200K |
| Jewelry gold price - SJC | 95,100 ▲700K | 97,600 ▲200K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 95,900 ▲200K |
| Jewelry gold price - Jewelry gold 999.9 | 95,800 ▲100K | 98,300 ▲100K |
| Jewelry gold price - Jewelry gold 999 | 95,700 ▲100K | 98,200 ▲100K |
| Jewelry gold price - Jewelry gold 99 | 94,920 ▲100K | 97,420 ▲100K |
| Jewelry gold price - 916 gold (22K) | 87,640 ▲90K | 90,140 ▲90K |
| Jewelry gold price - 750 gold (18K) | 71,380 ▲80K | 73,880 ▲80K |
| Jewelry gold price - 680 gold (16.3K) | 64,490 ▲60K | 66,990 ▲60K |
| Jewelry gold price - 650 gold (15.6K) | 61,550 ▲70K | 64,050 ▲70K |
| Jewelry gold price - 610 gold (14.6K) | 57,610 ▲60K | 60,110 ▲60K |
| Jewelry gold price - 585 gold (14K) | 55,160 ▲60K | 57,660 ▲60K |
| Jewelry gold price - 416 gold (10K) | 38,540 ▲40K | 41,040 ▲40K |
| Jewelry gold price - 375 gold (9K) | 34,510 ▲30K | 37,010 ▲30K |
| Jewelry gold price - 333 gold (8K) | 30,090 ▲30K | 32,590 ▲30K |
Update gold price today 3/25/2025
Domestic gold price slightly decreased on the morning of March 24
Specifically, Bao Tin Minh Chau Company listed the price of gold rings at 95.8 - 98.5 million VND/tael (buy - sell), down 300 thousand VND/tael for buying and down 100 thousand VND/tael for selling compared to the previous closing price.
DOJI Gold and Gemstone Group and Saigon Jewelry Company listed gold bar prices at 94.4 - 97.4 million VND/tael (buy - sell), keeping the listed prices for both buying and selling unchanged compared to the previous session's close.
Phu Nhuan Jewelry Joint Stock Company (PNJ) listed the price of gold bars and gold rings at 95.7 - 98.3 million VND/tael, keeping the listed price for both buying and selling unchanged compared to the previous session.
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| Gold price today March 25, 2025: Gold price increases, experts still have high expectations, Russians keep buying gold, this is the reason. (Source: Getty Images) |
Summary of gold prices at major domestic trading brands at closing times on the afternoon of March 24:
Saigon Jewelry Company SJC: SJC gold bars 95.1 - 97.6 million VND/tael; SJC gold rings 95.0 - 97.4 million VND/tael.
DOJI Group: SJC gold bars 95.1 - 97.6 million VND/tael; 9999 round rings (Hung Thinh Vuong) 96.1 - 98.4 million VND/tael.
PNJ system: SJC gold bars 95.1 - 97.6 million VND/tael; PNJ 999.9 plain gold rings: 95.9 - 98.4 million VND/tael.
Phu Quy Gold and Silver Group: SJC gold bars 95.1 - 97.6 million VND/tael; Phu Quy 999.9 round gold rings: 95.8 - 98.5 million VND/tael.
The price of SJC gold at Bao Tin Minh Chau is listed at 95.3 - 97.6 million VND/tael. The price of round gold rings at Vang Rong Thang Long is listed at 96.2 - 98.7 million VND/tael.
Thus, compared to the morning session of March 24, at the end of the afternoon session of the same day, in the domestic market, the price of gold bars and gold rings both recorded a slight increase, an increase of about 200,000 VND/tael.
According to the World & Vietnam Newspaper , information on Kitco , as of 7:53 p.m. Vietnam time on March 17, the world gold price was listed at 2,987.4 USD/ounce, down 0.9 USD/ounce compared to the previous trading session.
Converted according to USD price at Vietcombank on March 10, 1 USD = 25,720 VND, world gold price is equivalent to 92.57 million VND/tael.
World gold prices were little changed in the trading session on March 24, supported by a weaker USD and uncertainty surrounding US President Donald Trump's tariff plans.
Spot gold was at $3,024.39 an ounce at 10:00 GMT. US gold futures rose 0.3% to $3,029.50 an ounce.
Ross Norman, an independent analyst, said.
“A slightly weaker US dollar could be providing some momentum for gold at the moment,” said independent analyst Ross Norman .
The greenback fell 0.1% against a basket of other major currencies (.DXY) on March 24, but is down about 3.4% so far this month, making gold cheaper for foreign buyers.
On March 21, US President Donald Trump hinted that there would be some flexibility regarding the reciprocal tariffs that take effect on April 2, which are expected to increase inflation and hinder economic growth.
“The worse-than-feared tariff announcement on April 2 could spur bullion bulls to aim for $3,100 an ounce,” said Han Tan, chief market analyst at Exinity Group.
Gold is often seen as a hedge during times of geopolitical and economic uncertainty.
“If risk-on sentiment returns, assuming US tariff threats are more of a deterrent than an actual action, the market could see fleeting pullbacks, falling below $3,000 an ounce,” said analyst Tan.
In the near future, gold is expected to reach $3,150 an ounce, analyst Norman said.
Meanwhile, Zain Vawda , market analyst at OANDA's MarketPulse, said: "With no clear resolution to these uncertainties, (gold) demand is expected to remain high in the near future."
Earlier in the session, Tim Waterer , chief market analyst at gold brokerage KCM Trade, said gold still had room to rise if the market continued to worry about the potential negative impact of tariffs on economic growth. However, a ceasefire agreement between Russia and Ukraine could limit gold's gains.
Russia increases gold reserves
Russia has expanded its gold reserves to a record high, reaching a total of $217.4 billion as of March 1 this year, ranking fifth globally, surpassing China, with gold accounting for 34.4% of total foreign exchange reserves.
According to RBC , the Central Bank of Russia continues to prioritize gold accumulation, reflecting a broader trend of central banks around the world seeking stability through the precious metal.
Statistics show that over the past decade, Russia has been one of the world's most active buyers of gold, especially after its relations with Western countries deteriorated following the annexation of Crimea in 2014.
Russia bought 224 tonnes of gold in 2017, largely financed by selling US Treasury bonds. The shift underscores Moscow’s ongoing efforts to reduce its dependence on the US dollar and strengthen its financial independence.
However, the United States remains the country with the largest gold holdings, with about 8,133.5 tonnes, accounting for more than 74% of total reserves. Germany, Italy and France are second, each holding more than 2,400 tonnes, of which gold accounts for more than 70% of national reserves.
Global gold demand is set to hit a record 4,900 tonnes by 2024, driven by rising investment interest and continued central bank buying, according to the World Gold Council. Gold prices broke records 40 times during the year, rising 27%.
Analysts say the increase is due to economic uncertainty and geopolitical tensions, which have prompted central banks to increase their gold holdings as a hedge against financial volatility.
As of March 15, the official price of gold in Russia was set at 8,181 Rubles per gram, bringing the value of a standard 10-kilogram gold bar to about 81.8 million Rubles - equivalent to about $1.09 million at the current exchange rate.
Russian consumers are buying a record amount of gold, according to data from the World Gold Council. Specifically, Russia bought 75.6 tons of the precious metal last year, up 6% from 2023 and up 62% from 2021, just before the conflict in Ukraine broke out (February 2022).
Russians are hoarding gold as soaring inflation and tough sanctions devalue the ruble domestically and internationally.
Russia's statistics agency said the country's inflation rate in 2024 was 9.5%, the highest since the conflict in Ukraine broke out.
The escalation of Western sanctions against Moscow has made buying gold an attractive alternative to traditional investments. Restrictions on cross-border payments have also made it harder for Russian citizens to diversify their investments abroad.
Source: https://baoquocte.vn/gia-vang-hom-nay-2532025-gia-vang-tang-chuyen-gia-van-ky-vong-cao-nguoi-nga-khong-ngung-tich-tru-vang-day-chinh-la-ly-do-308686.html
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