Gold price this afternoon March 3, 2025: World gold price and domestic gold price reversed to increase, buying gold is difficult

Domestic gold price this afternoon March 3, 2025

As of 2:30 p.m. this afternoon, March 3, 2025, domestic gold prices reversed to increase in both buying and selling directions, specifically:

At Saigon Jewelry Company (SJC), the price of gold bars is listed at 89 million VND/tael (buy) and 91 million VND/tael (sell). The price of gold this afternoon increased by 500 thousand 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 89 million VND/tael and selling price of 91 million VND/tael. This price increased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, SJC gold is bought at 90.4 million VND/tael and sold at 91 million VND/tael. Thus, compared to yesterday's session, the gold price has not changed in both buying and selling directions.

Bao Tin Minh Chau Company Limited listed the price of SJC gold at 89.3 million VND/tael (buy) and 91 million VND/tael (sell). This price increased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, March 3, 2025 is as follows:

	Today (March 3, 2025)		Yesterday (March 2, 2025)
	Purchase price	Selling price	Purchase price	Selling price
SJC	89,000 500	91,000 500	88,500	90,500
DOJI Hanoi	89,000 500	91,000 500	88,500	90,500
DOJI SG	89,000 500	91,000 500	88,500	90,500
BTMC SJC	89,300 500	91,000 500	88,800	90,500
Phu Quy SJC	89,300 600	91,000 500	88,700	90,500
PNJ HCMC	90,000 200	91,000 500	89,800	90,500
PNJ Hanoi	90,000 200	91,000 500	89,800	90,500

The current buying price of SJC 9999 gold rings is 89 million VND/tael and the selling price is 90.9 million VND/tael. The price of gold rings increased by 500 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 increased to 90.5 million VND/tael and the selling price increased to 91.5 million VND/tael, an increase of 500 thousand VND/tael in both buying and selling directions compared to yesterday.

As the domestic gold price increases, many people continue to choose to go to gold shops to wait to buy. However, buying gold is not easy. Many people have to line up early because the shops do not clearly announce opening hours or limit the quantity sold.

Some stores only allow each person to buy a maximum of 5 taels, making it difficult for many people to buy gold to save.

World gold price this afternoon March 3, 2025

As of 2:30 p.m. this afternoon, March 3, the world gold price was listed at 2,863.11 USD/ounce, an increase of 5.67 USD/ounce compared to the beginning of the previous trading session.

World gold prices showed signs of a slight recovery as the USD weakened. At 9:45 a.m. on March 3, the US Dollar Index fell 0.4% to 107,130 points.

Meanwhile, preliminary economic data shows that the US economy is showing signs of recession in the first quarter of 2025. Investors believe that the US Federal Reserve (Fed) may have to cut interest rates several times this year to cope with the situation.

This week, financial markets are focused on a number of important data releases such as the February non-farm payrolls report, the Eurozone consumer price index (CPI), the US manufacturing PMI and the ADP employment report.

Additionally, the European Central Bank's monetary policy decision on Thursday is also of interest to investors, with further rate cuts expected.

According to a Kitco News survey, 21% of experts predict gold prices will increase, 64% think prices will decrease, while 14% believe gold will go sideways.

In Kitco's online poll, 45% of investors expect gold prices to go higher, 28% predict prices will fall, and 28% see gold prices remaining sideways.

The recent decline in gold prices is related to economic data and market volatility, said expert Daniel Pavilonis from RJO Futures.

He said tariffs are contributing to inflation, and that the fall in gold prices and stock prices reflects a short-term risk-off sentiment. However, when gold prices fall, investors tend to buy, helping to support gold prices.

Gainesville Coins expert Everett Millman predicts that gold prices could surpass $3,000 an ounce in the near future. He believes that when gold reaches this level, it could establish a solid support level, setting the stage for long-term price increases.