Gold price this afternoon March 14, 2025: World and domestic gold prices increase, approaching the 100 million mark

Domestic gold price this afternoon March 14, 2025

As of 3:00 p.m. this afternoon, March 14, 2025, domestic gold prices soared to a new peak very close to 100 million, specifically:

At Saigon Jewelry Company (SJC), the price of gold bars was listed at 94.3 million VND/tael (buy) and 95.8 million VND/tael (sell). The price of gold this afternoon increased by 1.4 million VND/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 94.3 million VND/tael and selling price of 95.8 million VND/tael. This price increased by 1.4 million VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, SJC gold is bought at 94.8 million VND/tael and sold at 95.8 million VND/tael. Thus, compared to yesterday's session, gold price increased by 1.3 million VND/tael for buying and 1.1 million VND/tael for selling.

Bao Tin Minh Chau Company Limited listed the price of SJC gold at 94.4 million VND/tael (buy) and 95.8 million VND/tael (sell). This price increased by 1.4 million VND/tael in both buying and selling compared to yesterday.

The latest gold price list today, March 14, 2025 is as follows:

	Today (March 14, 2025)		Yesterday (March 13, 2025)
	Purchase price	Selling price	Purchase price	Selling price
SJC	94,3001400	95,8001400	92,900	94,400
DOJI Hanoi	94,3001400	95,8001400	92,900	94,400
DOJI SG	94,3001400	95,8001400	92,900	94,400
BTMC SJC	94,4001400	95,8001400	93,000	94,400
Phu Quy SJC	94,4001400	95,8001400	93,000	94,400
PNJ HCMC	94,5001200	96,2001400	93,300	94,800
PNJ Hanoi	94,5001200	96,2001400	93,300	94,800

The current buying price of SJC 9999 gold rings is 94.2 million VND/tael and the selling price is 95.7 million VND/tael. The price of gold rings increased by 1.4 million 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 reached a record peak of 95 million VND/tael and the selling price was 96.3 million VND/tael, an increase of 1.4 million VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the highest selling price of gold rings at 94.9-96.4 million VND/tael (buy - sell); the price increased by 1.5 million VND/tael for buying - increased by 1.4 million VND/tael for selling.

World gold price this afternoon March 14, 2025

As of 3:00 p.m. this afternoon, March 14, the world gold price was listed at 2,983.49 USD/ounce, an increase of 41.19 USD/ounce compared to the beginning of the previous trading session.

Global gold prices have hit an all-time high, driven largely by uncertainty over US tariffs, trade tensions and growing expectations that the Federal Reserve (Fed) will ease monetary policy.

The world gold price is very close to the important psychological threshold of 3,000 USD. This is the second consecutive week of increase for gold, with an increase of 2.5% to the present time. Meanwhile, the price of gold futures in the US increased 0.2%, to 2,997.50 USD.

The market's risk-off sentiment reflects investors' expectations that trade tensions could worsen before they are resolved, prompting them to again turn to gold as a safe haven to protect their portfolios from volatility, said Yeap Jun Rong, market strategist at IG.

A new development in US President Donald Trump’s multi-faceted trade war is the European Union (EU) imposing a 50% tax on imported whiskey from the US in response to the US tariffs on steel and aluminum. In response, Mr. Trump threatened on the Truth Social platform to impose a 200% tax on wine and alcoholic beverages imported from Europe.

Mr. Trump's tariff policies are expected to increase inflation and economic instability, while pushing gold prices to record highs in 2025. Yeap Jun Rong commented that the price of $3,000 is becoming an important psychological target for gold prices.

Investors are now awaiting the Fed's monetary policy meeting, where the central bank is expected to keep its benchmark interest rate unchanged at 4.25%-4.50%. Gold, which does not yield interest, tends to appreciate in a low-interest-rate environment.

Meanwhile, Russian President Vladimir Putin said Russia in principle supports the US proposal for a ceasefire in Ukraine, but needs to clarify some conditions, which makes a quick end to the conflict unlikely.

Among other precious metals, spot silver rose 0.2% to $33.86 an ounce, while platinum fell 0.3% to $991.34 and palladium rose 0.7% to $964.45.

Gold price forecast

The world gold price is trading at a record high and approaching the threshold of 3,000 USD/ounce. According to Macquarie bank's forecast, even if it surpasses 3,000 USD/ounce, the gold's upward momentum will not stop.

A team of Macquarie experts, led by Marcus Garvey, has just updated their 2025 gold price forecast. According to them, gold could hit $3,500 an ounce in the third quarter of this year. This is the highest price ever recorded when adjusted for inflation since January 1980.

According to John Ciampaglia, CEO of Sprott Asset Management, changes in President Donald Trump's tax policy and interest rate adjustments from central banks are creating a lot of volatility.

In addition, demand for physical gold is also on the rise. Central banks are not only hoarding more gold but are also moving gold from reserves in the US and UK back to their own countries. This shows that they see gold as a safer asset in a volatile economic context.

In addition, concerns about the risk of a US economic recession are also a factor driving up gold prices. Colin Cieszynski, an expert at SIA Wealth Management, said that after the adjustments, gold prices could soon reach $3,000/ounce.

Many major financial institutions such as Goldman Sachs and JP Morgan predict that gold prices will soon reach $3,000/ounce. Some experts even say that if trade and geopolitical tensions continue to escalate, gold prices could reach $3,100/ounce in the coming weeks.

Although the general trend of gold is upward, the market still has strong fluctuations. In the short term, gold can fall by 50-70 USD/ounce due to profit-taking pressure, then bounce back if the global economy worsens. This is something that investors need to pay attention to before making a decision.

In the domestic market, gold prices also increased sharply following the world trend. On March 14, the record price of SJC gold bars was 95.8 million VND/tael, the record price of gold rings was 96.4 million VND/tael. With the current record high world gold price, the milestone of 100 million VND/tael is very close.