Why the decline?

Báo Công thươngBáo Công thương11/03/2025

Gold price today March 11, 2025; latest domestic and world gold prices; fluctuations in SJC, 9999, 24k, 18k gold prices of PNJ, DOJI during the day; gold price forecast.


Gold prices fell on profit-taking as safe-haven demand was boosted by geopolitical uncertainty, while attention was also on U.S. inflation data.

Gold price today 03/11/2025

At the time of survey at 4:00 a.m. on March 11, 2025, today's gold price on the trading floors of some companies was as follows:

At Saigon Jewelry Company (SJC) and DOJI Group, Bao Tin Minh Chau, the price of gold bars was listed at 90.9 million VND/tael (buy) and 92.9 million VND/tael (sell), unchanged in both buying and selling directions compared to the end of yesterday's trading session.

At Mi Hong Jewelry Company, the buying price of SJC gold is 92.1 million VND/tael and the selling price is 93.2 million VND/tael. Thus, compared to yesterday's session, the selling price of gold remains the same and the buying price has decreased by 20,000 VND/tael.

Bao Tin Manh Hai Company Limited listed the price of SJC gold at 84.4 million VND/tael (buy) and 86.4 million VND/tael (sell). This price remained unchanged in both buying and selling directions compared to the closing price of yesterday's trading session.

Giá vàng hôm nay 11/03/2025
Gold price today March 11, 2025. Photo PC

The current buying price of SJC 9999 gold rings is 91.1 million VND/tael and the selling price is 93 million VND/tael. The price of gold rings increased by 200,000 VND/tael in both buying and selling directions compared to the end of yesterday's trading session.

For Hung Thinh Vuong 9999 gold ring (DOJI), the buying price increased to 91.9 million VND/tael and the selling price increased to 93.4 million VND/tael, an increase of 300,000 VND/tael in buying - an increase of 200,000 VND/tael in selling compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 91.9-93.5 million VND/tael (buy - sell); increased 200,000 VND/tael for both buying and selling.

The latest gold price list today, March 11, 2025 is as follows:

Gold price today March 11, 2025
(million dong)
Difference
(thousand dong/tael)
Buy Sell Buy Sell
SJC in Hanoi 90.9 92.9 - -
DOJI Group 90.9 92.9 - -
Red Eyelashes 92.1 93.2 -20 -
PNJ 90.1 93.1 - -
Vietcombank Gold 93.1 +400
Bao Tin Minh Chau 90.9 92.9 - -
Phu Quy 91.8 93.4 +200 +200
1. DOJI - Updated: 11/03/2025 13:02 - Time of the source website - / Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 90,800 ▼100K 92,800 ▼100K
AVPL/SJC HCM 90,800 ▼100K 92,800 ▼100K
AVPL/SJC DN 90,800 ▼100K 92,800 ▼100K
Raw material 9999 - HN 92,000 ▲100K 92,400 ▼100K
Raw material 999 - HN 91,900 ▲100K 92,300 ▼100K
AVPL/SJC Can Tho 90,800 ▼100K 92,800 ▼100K
2. PNJ - Updated: 01/01/1970 08:00 - Website time of supply source - / Compared to yesterday.
Type Buy Sell
HCMC - PNJ 91,600 ▼200K 93,200 ▼150K
HCMC - SJC 90,800 ▼100K 92,800 ▼100K
Hanoi - PNJ 91,600 ▼200K 93,200 ▼150K
Hanoi - SJC 90,800 ▼100K 92,800 ▼100K
Da Nang - PNJ 91,600 ▼200K 93,200 ▼150K
Da Nang - SJC 90,800 ▼100K 92,800 ▼100K
Western Region - PNJ 91,600 ▼200K 93,200 ▼150K
Western Region - SJC 90,800 ▼100K 92,800 ▼100K
Jewelry gold price - PNJ 91,600 ▼200K 93,200 ▼150K
Jewelry gold price - SJC 90,800 ▼100K 92,800 ▼100K
Jewelry gold price - Southeast PNJ 91,600 ▼200K
Jewelry gold price - SJC 90,800 ▼100K 92,800 ▼100K
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 91,600 ▼200K
Jewelry gold price - Jewelry gold 999.9 90,600 ▼200K 93,100 ▼200K
Jewelry gold price - Jewelry gold 999 90,510 ▼200K 93,010 ▼200K
Jewelry gold price - Jewelry gold 99 89,770 ▼200K 92,270 ▼200K
Jewelry gold price - 916 gold (22K) 82,880 ▼180K 85,380 ▼180K
Jewelry gold price - 750 gold (18K) 67,480 ▼150K 69,980 ▼150K
Jewelry gold price - 680 gold (16.3K) 60,960 ▼130K 63,460 ▼130K
Jewelry gold price - 650 gold (15.6K) 58,170 ▼130K 60,670 ▼130K
Jewelry gold price - 610 gold (14.6K) 54,440 ▼120K 56,940 ▼120K
Jewelry gold price - 585 gold (14K) 52,110 ▼120K 54,610 ▼120K
Jewelry gold price - 416 gold (10K) 36,380 ▼80K 38,880 ▼80K
Jewelry gold price - 375 gold (9K) 32,560 ▼80K 35,060 ▼80K
Jewelry gold price - 333 gold (8K) 28,370 ▼70K 30,870 ▼70K
3. AJC - Updated: 11/03/2025 00:00 - Source website time - / Compared to yesterday.
Type Buy Sell
Jewelry 99.99 9,090 ▼10K 9,320 ▼20K
99.9 Jewelry 9,080 ▼10K 9,310 ▼20K
NL 99.99 9,090 ▼10K
Round ring not sealed in blister T.Binh 9,080 ▼10K
Round, 3A, Yellow T.Bình 9,180 ▼10K 9,330 ▼20K
Round, 3A, Yellow N.An 9,180 ▼10K 9,330 ▼20K
Round, 3A, Yellow Street, Hanoi 9,180 ▼10K 9,330 ▼20K
SJC Thai Binh pieces 9,080 ▼30K 9,280 ▼30K
SJC Nghe An pieces 9,080 ▼30K 9,280 ▼30K
SJC Hanoi Piece 9,080 ▼30K 9,280 ▼30K

World gold price today March 11, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4am today, Vietnam time, was 2,908.01 USD/ounce. Today's gold price decreased by 0.12% compared to yesterday. Converted according to the USD exchange rate on the free market (25,754 VND/USD), the world gold price is about 90.2 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 2.7 million VND/tael higher than the international gold price.

Giá vàng hôm nay 11/03/2025:
World gold price developments in the past 24 hours.

Gold prices fell on profit-taking as safe-haven demand was boosted by geopolitical uncertainty, while attention was also on U.S. inflation data, Reuters reported.

Spot gold fell 0.3% to $2,902.04 an ounce at 13:28 GMT, after rising 2% last week. US gold futures fell 0.2% to $2,908.00.

“Gold prices have been a little choppy due to some light profit-taking and weaker equity markets, but we can see the value in this safe-haven demand,” said Jim Wyckoff, senior analyst at Kitco Metals.

US stock futures fell on concerns that retaliatory tariffs could hit the world's largest economy.

President Donald Trump refused to predict whether the United States could face a recession amid stock market concerns over his tariff actions.

Trump imposed new 25% tariffs on imports from Mexico and Canada last Tuesday, along with new tariffs on Chinese goods. But two days later, he exempted many imports from Mexico and some from Canada from the tariffs for a month.

"Uncertainty around trade wars and a global recession are both positive for gold, which could hit record highs again. Weaker-than-expected data is also positive for gold," Wyckoff said.

Investors are also watching U.S. Consumer Price Index data due on Wednesday and Producer Price Index data due on Thursday. Traders are now fully pricing in a U.S. interest rate cut in June.

Federal Reserve Chairman Jerome Powell said it remains to be seen whether the Trump administration’s tariff plans will spark inflation. Low interest rates increase the appeal of non-yielding bullion.

Spot silver prices fell 0.3% to $32.44 an ounce.

“Silver investment is expected to show modest improvement... However, broader economic concerns, particularly regarding the Chinese economy, could dampen investor enthusiasm,” Marex consultant Edward Meir said in a note. Data showed China’s imports unexpectedly fell in January-February, while consumer prices fell at their fastest pace in 13 months in February.

Platinum rose 0.5% to $967.85 and palladium rose 0.6% to $954.00.

Reference addresses of popular gold shops in Hanoi:

1. Bao Tin Minh Chau - 15 - 29 Tran Nhan Tong, Bui Thi Xuan, Hai Ba Trung, Hanoi

2. DOJI Gold and Gemstone Company - 5 Le Duan, Dien Bien, Ba Dinh, Hanoi

3. SJC store chain in the Northern region - 18 Tran Nhan Tong, Nguyen Du Ward, Hai Ba Trung District, Hanoi City

4. PNJ store chain in the Northern region - 222 Tran Duy Hung, Trung Hoa, Cau Giay, Hanoi

5. Phu Quy Gold and Silver - No. 30 Tran Nhan Tong, Hai Ba Trung, Hanoi

6. Ngoc Anh Gold and Silver – No. 47 Lo Duc, Pham Dinh Ho, Hai Ba Trung, Hanoi

7. Gold Quy Tung – No. 102 Khuong Dinh, Thanh Xuan, Hanoi

8. Bao Tin Lan Vy - No. 84A, Tran Duy Hung, Cau Giay, Hanoi

9. Hoang Anh Gold and Silver – No. 43 Thai Thinh, Dong Da, Hanoi

10. Huy Thanh Jewelry - No. 23/100 (old number: No. 30A, lane 8), Doi Can, Ba Dinh, Hanoi

Reference addresses of popular gold shops in Ho Chi Minh City:

1. Mi Hong Gold Shop - 306 Bui Huu Nghia, Ward 2, Binh Thanh District, HCMC

2. Kim Ngoc Thuy Gold Shop - 466 Hai Ba Trung, Tan Dinh Ward, District 1, HCMC

3. Saigon Jewelry Company Limited - 418-420 Nguyen Thi Minh Khai, Ward 5, District 3, HCMC

4. Tan Tien Jewelry - No. 161 Hanoi Highway, Thao Dien Ward, District 2, HCMC

5. Ngoc Tham Gold, Silver, Gemstones - No. 161 Hanoi Highway, Thao Dien Ward, District 2, HCMC

6. Kim Thanh Thao Gold Shop - 209 Tan Huong, Tan Quy Ward, Tan Phu District, HCMC

7. Kim Thanh Nam Gold Shop - 81A, Nguyen Duy Trinh, Binh Trung Tay Ward, District 2, HCMC

8. Kim Mai Gold Shop - 84C, Cong Quynh, Pham Ngu Lao Ward, District 1, HCMC

9. PNJ chain stores in the Southern region - Booth R011838, Ground floor, Diamond Plaza Shopping Center, 34 Le Duan, Ben Nghe Ward, District 1, HCMC

10. DOJI Gold and Gemstone Company – 81-85 Ham Nghi, Nguyen Thai Binh Ward, District 1, HCMC



Source: https://congthuong.vn/gia-vang-hom-nay-11032025-tai-sao-lai-quay-dau-giam-377656.html

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