Market

Gold price this afternoon March 11, 2025: World and domestic gold prices increase and decrease in opposite directions

Quoc DuongDNUM_BBZADZCACF 16:42

Gold price this afternoon, March 11, 2025: World gold price increased again. On the contrary, domestic gold price decreased simultaneously, falling far from the 93 million VND mark.

Domestic gold price this afternoon March 11, 2025

As of 3:30 p.m. this afternoon, March 11, 2025, domestic gold prices decreased simultaneously in both buying and selling directions, specifically:

At Saigon Jewelry Company (SJC), the price of gold bars was listed at VND90.8 million/tael (buy) and VND92.8 million/tael (sell). The price of gold this afternoon decreased by VND100,000/tael in both buying and selling directions compared to the end of yesterday's trading session.

DOJI system listed SJC gold at buying price of 90.8 million VND/tael and selling price of 92.8 million VND/tael. This price decreased by 100 thousand VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the buying price of SJC gold is 92.3 million VND/tael and the selling price is 93 million VND/tael. Thus, compared to yesterday's session, the gold price increased sharply by 200 thousand VND/tael in the buying direction - decreased by 200 thousand VND/tael in the selling direction.

Bao Tin Minh Chau Company Limited listed the price of SJC gold at 90.8 million VND/tael (buy) and 92.8 million VND/tael (sell). This price decreased by 100 thousand VND/tael in both buying and selling directions compared to yesterday.

Giá vàng chiều nay 11/3/2025: Giá vàng tăng giảm trái chiều

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

Today (11/3/2025)Yesterday (March 10, 2025)
Purchase priceSelling pricePurchase priceSelling price
SJC
90,80010092,80010090,90092,900
DOJI HN
90,80010092,80010090,90092,900
DOJI SG
90,80010092,80010090,90092,900
BTMC SJC
90,80010092,80010090,90092,900
Phu Quy SJC
91,00010092,80030091,10093,100
PNJ HCMC
90,80010093,3005091,80093,350
PNJ Hanoi
90,80010093,3005091,80093,350
1.DOJI- Updated: 11/3/2025 15:30 - Source website time - ▼/▲ Compared to yesterday.
Type
BuySell
AVPL/SJC HN90,800▼100K92,800▼100K
AVPL/SJC HCM90,800▼100K92,800▼100K
AVPL/SJC DN90,800▼100K92,800▼100K
Raw material 9999 - HN91,90092,400▼100K
Raw material 999 - HN91,80092,300▼100K
AVPL/SJC Can Tho90,800▼100K92,800▼100K
2.PNJ- Updated: 11/3/2025 15:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
HCMC - PNJ91,900▲100K93,300▼50K
HCMC - SJC90,800▼100K92,800▼100K
Hanoi - PNJ91,900▲100K93,300▼50K
Hanoi - SJC90,800▼100K92,800▼100K
Da Nang - PNJ91,900▲100K93,300▼50K
Da Nang - SJC90,800▼100K92,800▼100K
Western Region - PNJ91,900▲100K93,300▼50K
Western Region - SJC90,800▼100K92,800▼100K
Jewelry gold price - PNJ91,900▲100K93,300▼50K
Jewelry gold price - SJC90,800▼100K92,800▼100K
Jewelry gold price - SoutheastPNJ91,900▲100K
Jewelry gold price - SJC90,800▼100K92,800▼100K
Jewelry gold price - Jewelry gold pricePNJ 999.9 Plain Ring91,900▲100K
Jewelry gold price - Jewelry gold 999.990,700▼100K93,200▼100K
Jewelry gold price - Jewelry gold 99990,610▼100K93,110▼100K
Jewelry gold price - Jewelry gold 9989,870▼100K92,370▼100K
Jewelry gold price - 916 gold (22K)82,970▼90K85,470▼90K
Jewelry gold price - 750 gold (18K)67,550▼80K70,050▼80K
Jewelry gold price - 680 gold (16.3K)61,030▼60K63,530▼60K
Jewelry gold price - 650 gold (15.6K)58,230▼70K60,730▼70K
Jewelry gold price - 610 gold (14.6K)54,500▼60K57,000▼60K
Jewelry gold price - 585 gold (14K)52,170▼60K54,670▼60K
Jewelry gold price - 416 gold (10K)36,420▼40K38,920▼40K
Jewelry gold price - 375 gold (9K)32,600▼40K35,100▼40K
Jewelry gold price - 333 gold (8K)28,410▼30K30,910▼30K
3. SJC - Updated: 11/3/2025 15:30 - Time of the source website - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 1L, 10L, 1KG90,800▼100K92,800▼100K
SJC 5c90,800▼100K92,820▼100K
SJC 2c, 1c, 5c90,800▼100K92,830▼100K
SJC 99.99 gold ring 1 chi, 2 chi, 5 chi90,800▼100K92,700▼100K
SJC 99.99 gold ring 0.3 chi, 0.5 chi90,800▼100K92,800▼100K
Jewelry 99.99%90,800▼100K92,400▼100K
Jewelry 99%88,485▼99K91,485▼99K
Jewelry 68%59,988▼68K62,988▼68K
Jewelry 41.7%35,684▼41K38,684▼41K

The current buying price of SJC 9999 gold rings is 90.8 million VND/tael and the selling price is 92.7 million VND/tael. The price of gold rings decreased by 100 thousand 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 is 91.9 million VND/tael and the selling price has decreased to 93.3 million VND/tael, the price remains unchanged in the buying direction - decreased by 100 thousand VND/tael in the selling direction compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 91.9-93.4 million VND/tael (buy - sell); the price remained unchanged for buying - decreased by 100 thousand VND/tael for selling.

World gold price this afternoon March 11, 2025

As of 3:30 p.m. this afternoon, March 11, the world gold price was listed at 2,908.97 USD/ounce, a slight increase of 8.43 USD/ounce compared to the beginning of the previous trading session.

Gold prices rose slightly on Thursday as the US dollar and Treasury yields weakened. Investors are awaiting inflation data to gauge the direction of policy from the Federal Reserve (Fed), amid escalating trade tensions and concerns about an economic recession.

The US dollar is now at a four-month low, making gold cheaper for foreign investors. At the same time, the yield on the US 10-year Treasury note also fell.

The dollar and falling bond yields are supporting gold prices slightly higher, according to Ilya Spivak, global analyst at Tastylive. He said the uptrend in gold remains intact and there is a high probability that prices will continue to rise. Gold has been trading between $2,830 and $2,960 for the past four weeks. The market needs a strong move above these levels to determine the long-term trend.

Trade tensions are also affecting markets. US President Donald Trump, in an interview with Fox News on Sunday, did not predict whether the tariffs he imposed would lead to a US recession. This sent global stock markets lower.

Last week, Mr. Trump imposed a 25% tariff on imports from Mexico and Canada, along with new tariffs on Chinese goods. However, many Mexican and Canadian goods were later exempted from the tariffs for a month, causing market turmoil and raising concerns about inflation and slowing growth in the United States.

Investors are now looking ahead to U.S. Consumer Price Index (CPI) data due out on Wednesday for clues on the Fed's next move on interest rates. Gold is often seen as a hedge against political and inflation risks. However, if rising inflation forces the Fed to keep interest rates high, gold could lose its appeal as a non-yielding asset.

Silver also rose 0.3% to $32.19 an ounce, while platinum remained unchanged at $957.89. Palladium, on the other hand, fell 0.3% to $940.47.

Gold Price Forecast

Gold prices are currently hovering around $2,900 an ounce, but experts say the precious metal still has a lot of potential to increase in price in the near future. The main reason is the increasing demand from investors, especially in the context of a volatile stock market and inflation being a major concern.

Rich Checkan, chairman and CEO of Asset Strategies International, said concerns about the stock market and inflation will continue to push gold prices higher.

Alex Kuptsikevich, senior market analyst at FxPro, shared the same view, saying that since the beginning of March, gold prices have been on an upward trend and have regularly surpassed the $2,900/ounce mark. He also stressed that US President Donald Trump’s tariff policies and the risk of a trade war are still the main factors supporting the increase in gold prices.

Kyle Rodda, financial markets analyst at Capital.com, also said that the risk of a slowdown in economic growth is increasing, along with the uncertainty of US foreign policy. This has boosted the demand for gold as a safe haven. He predicted that the $3,000/ounce price level could soon be breached, possibly in the next few months.

Technically, April gold futures have the near-term advantage. Bulls are targeting a break above $2,974.00 an ounce, the contract’s all-time high, while bears are focused on key support at $2,844.10 an ounce, last week’s low.

Currently, the nearest resistance levels for gold are at $2,926.4/ounce and $2,941.3/ounce. Conversely, important support levels are identified at $2,900/ounce and $2,892.5/ounce.

In an interview with Kitco News, George Milling-Stanley, chief gold strategist at State Street Global Advisors (SSGA), maintained his gold price forecast for 2025. He said there is a 50% chance that gold prices will trade between $2,600 and $2,900 an ounce, and a 30% chance that prices could reach $3,100 an ounce. “We have so much uncertainty in the market, and the only thing I can say for sure is that gold always benefits from that uncertainty,” he stressed.

Featured Nghe An Newspaper

Latest

x
Gold price this afternoon March 11, 2025: World and domestic gold prices increase and decrease in opposite directions
POWERED BYONECMS- A PRODUCT OFNEKO