Gold prices today, March 19, 2025, skyrocketed, recording new historical peaks in the domestic and world markets. A "perfect storm" is forming in the world gold market and any decline in price is a buying opportunity.
| 1. PNJ - Updated: 01/01/1970 08:00 - Website time of supply - ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 96,900 ▲2000K | 98,500 ▲2000K |
| HCMC - SJC | 96,700 ▲1900K | 98,200 ▲2100K |
| Hanoi - PNJ | 96,900 ▲2000K | 98,500 ▲2000K |
| Hanoi - SJC | 96,700 ▲1900K | 98,200 ▲2100K |
| Da Nang - PNJ | 96,900 ▲2000K | 98,500 ▲2000K |
| Da Nang - SJC | 96,700 ▲1900K | 98,200 ▲2100K |
| Western Region - PNJ | 96,900 ▲2000K | 98,500 ▲2000K |
| Western Region - SJC | 96,700 ▲1900K | 98,200 ▲2100K |
| Jewelry gold price - PNJ | 96,900 ▲2000K | 98,500 ▲2000K |
| Jewelry gold price - SJC | 96,700 ▲1900K | 98,200 ▲2100K |
| Jewelry gold price - Southeast | PNJ | 96,900 ▲2000K |
| Jewelry gold price - SJC | 96,700 ▲1900K | 98,200 ▲2100K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 96,900 ▲2000K |
| Jewelry gold price - Jewelry gold 999.9 | 96,000 ▲2100K | 98,500 ▲2100K |
| Jewelry gold price - Jewelry gold 999 | 95,900 ▲2100K | 98,400 ▲2100K |
| Jewelry gold price - Jewelry gold 99 | 95,120 ▲2080K | 97,620 ▲2080K |
| Jewelry gold price - 916 gold (22K) | 87,830 ▲1930K | 90,330 ▲1930K |
| Jewelry gold price - 750 gold (18K) | 71,530 ▲1580K | 74,030 ▲1580K |
| Jewelry gold price - 680 gold (16.3K) | 64,630 ▲1430K | 67,130 ▲1430K |
| Jewelry gold price - 650 gold (15.6K) | 61,680 ▲1370K | 64,180 ▲1370K |
| Jewelry gold price - 610 gold (14.6K) | 57,740 ▲1290K | 60,240 ▲1290K |
| Jewelry gold price - 585 gold (14K) | 55,270 ▲1230K | 57,770 ▲1230K |
| Jewelry gold price - 416 gold (10K) | 38,630 ▲880K | 41,130 ▲880K |
| Jewelry gold price - 375 gold (9K) | 34,590 ▲790K | 37,090 ▲790K |
| Jewelry gold price - 333 gold (8K) | 30,160 ▲700K | 32,660 ▲700K |
Update gold price today 3/19/2025
Domestic gold prices skyrocketed to nearly 100 million VND/tael.
Specifically, at the end of the session on March 18, at Saigon Jewelry Company (SJC), the price of gold bars was listed at VND96.7 million/tael (buy) and VND98.2 million/tael (sell). This afternoon's gold price increased by VND1.9 million/tael in the buying direction - increased by VND2.1 million/tael in the selling direction compared to the previous day.
DOJI system listed SJC gold at buying price of 96.7 million VND/tael and selling price of 98.2 million VND/tael. This price increased by 1.9 million VND/tael for buying and 2.1 million VND/tael for selling compared to the previous day.
Bao Tin Minh Chau Company Limited listed the price of SJC gold at 96.7 million VND/tael (buy) and 98.2 million VND/tael (sell). This price increased by 1.9 million VND/tael for buying and 2.1 million VND/tael for selling compared to the previous day.
Meanwhile, the price of SJC 9999 gold rings is currently buying at 96.3 million VND/tael and selling at 97.8 million VND/tael. The price of gold rings increased by 1.6 million VND/tael in buying and 1.8 million VND/tael in selling compared to the closing price of the previous trading session.
For Hung Thinh Vuong 9999 gold ring (DOJI), the buying price reached a record peak of 96.9 million VND/tael and the selling price was 98.4 million VND/tael, an increase of 1.8 million VND/tael in both buying and selling directions compared to a day ago.
Bao Tin Minh Chau listed the price of gold rings at a new record selling price of 96.95-98.5 million VND/tael (buy - sell); the price increased by 1.75 million VND/tael for buying - increased by 1.7 million VND/tael for selling.
World gold prices set a new record when they surpassed the $3,000/ounce mark on the afternoon of March 18, marking the second time they surpassed the $3,000/ounce mark in just one week.
According to the World and Vietnam Newspaper at 6:00 p.m. on March 18, the world gold price on the Kitco exchange was at 3,024.7 - 3,025.7 USD/ounce.
This development occurred when investors' concerns about economic instability related to US President Donald Trump's tariff policies made gold a safe haven.
Precious metal prices rose mainly due to a weak US dollar and continued tariff uncertainties.
The US dollar index is currently hovering near a four-month low, making gold more attractive to investors using other currencies.
Gold has long been considered a safe haven against geopolitical uncertainty. It has risen more than 14% this year. Since President Trump took office in January 2025, gold has hit 14 record highs as rising trade tensions have fueled demand for safe-haven assets.
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| Gold price today March 19, 2025: World gold price 'breaks the barrier', surpasses 3,000 USD/ounce, 'a perfect storm' appears, should you buy? (Source: Shutterstock) |
Summary of gold prices at major domestic trading brands at closing times on the afternoon of March 18:
Saigon Jewelry Company SJC: SJC gold bars 96.7 - 98.2 million VND/tael.
DOJI Group: SJC gold bars 96.7 - 98.2 million VND/tael.
PNJ system: SJC gold bars 96.9 - 98.5 million VND/tael.
Phu Quy Gold and Silver Group: SJC gold bars 96.7 - 98.2 million VND/tael.
SJC gold price at Bao Tin Minh Chau is listed at 96.7 - 98.2 million VND/tael.
Can buy gold in the long term?
Experts from the World Gold Council (WGC) predict that although gold prices may correct after a strong increase, factors such as economic instability, rising inflation, low interest rates and a weak USD will continue to boost demand for gold investment.
WGC commented: "If gold prices remain above $3,000/ounce in the next few weeks, the wave of gold buying may become stronger."
Meanwhile, ANZ Bank has raised its gold price forecast to $3,100/ounce in the next three months and $3,200/ounce in the next six months.
The reason is due to escalating geopolitical and trade tensions, loose monetary policy, along with central banks stepping up gold purchases.
Experts at CPM Group see profit-taking as a potential fall to $2,980 an ounce in the next few days.
However, maintaining a long-term gold buying position is still considered reasonable, because global economic and political risks remain numerous and have not been completely resolved.
Sharing the same view, Mr. Ole Hansen, Head of Ole Hansen Commodity Strategy at Saxo Bank (Denmark) affirmed: "It would not be surprising if the world gold price hits the "bottom" at 2,956 USD/ounce, or even falls to 2,930 USD/ounce when investors increase profit-taking activities.
However, this expert believes that any decline in prices in the gold market is a buying opportunity and the price target for 2025 is 3,300 USD/ounce.
"Central bank demand for gold has not shown any signs of slowing down, if anything, gold buying will slow down during the period when gold prices peak. Meanwhile, global interest rates are trending down, geopolitical instability continues to increase, which are the main factors driving the unprecedented price increase of gold since February 2024," Mr. Ole Hansen analyzed.
All of the above issues are creating a “perfect storm” forming in the world gold market.
Source: https://baoquocte.vn/gia-vang-hom-nay-1932025-gia-vang-the-gioi-pha-rao-vuot-3000-usdounce-mot-con-bao-hoan-hao-xuat-hien-co-nen-mua-308005.html
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