Gold price this afternoon March 4, 2025: World gold price and domestic gold price increased the most in the past 2 months

Domestic gold price this afternoon March 4, 2025

As of 3:00 p.m. this afternoon, March 4, 2025, domestic gold prices increased sharply in both buying and selling directions, specifically:

At Saigon Jewelry Company (SJC), the price of gold bars was listed at VND90.1 million/tael (buy) and VND92.1 million/tael (sell). The price of gold this afternoon increased by VND1.1 million/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 million VND/tael and selling price of 92 million VND/tael. This price increased by 1 million VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the buying price of SJC gold is 91.5 million VND/tael and the selling price is 92.5 million VND/tael. Thus, compared to yesterday's session, the gold price increased sharply by 1.1 million VND/tael in the buying direction - increased sharply by 1.5 million VND/tael in the selling direction.

Bao Tin Minh Chau Company Limited listed the price of SJC gold at 90.3 million VND/tael (buy) and 92.1 million VND/tael (sell). This price increased sharply by 1.1 million VND/tael for buying - increased sharply by 1.5 million VND/tael for selling compared to yesterday.

The latest gold price list today, March 4, 2025 is as follows:

	Today (March 4, 2025)		Yesterday (March 3, 2025)
	Purchase price	Selling price	Purchase price	Selling price
SJC	90,100 1100	92,100 1100	89,000	91,000
DOJI HN	90,000 1000	92,000 1000	89,000	91,000
DOJI SG	90,000 1000	92,000 1000	89,000	91,000
BTMC SJC	90,300 1000	92,100 1100	89,300	91,000
Phu Quy SJC	90,300 1000	92,100 1100	89,300	91,000
PNJ HCMC	91,300 1300	92,500 1500	90,000	91,000
PNJ Hanoi	91,300 1300	92,500 1500	90,000	91,000

The current buying price of SJC 9999 gold rings is 90.1 million VND/tael and the selling price is 92 million VND/tael. The price of gold rings increased by 1.1 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 increased to 91.5 million VND/tael and the selling price increased to 92.6 million VND/tael, an increase of 850 thousand VND/tael in buying price - an increase of 1.1 million VND/tael in selling price compared to yesterday.

World gold price this afternoon March 4, 2025

As of 3:00 p.m. this afternoon, March 4, the world gold price was listed at 2,913.55 USD/ounce, an increase of 25.11 USD/ounce compared to the beginning of the previous trading session.

World gold prices unexpectedly increased sharply due to the weakening of the US dollar, making gold more attractive to investors using other currencies.

In addition, geopolitical tensions in Ukraine have shown no signs of abating, along with the US starting to impose tariffs on Mexico, Canada and China from March 4, which has increased demand for safe haven gold.

Experts say gold prices are being strongly affected by fluctuations in the US dollar and US tariff policies. President Donald Trump continues to raise concerns by threatening to impose tariffs on imports from Mexico and Canada. These are factors that could determine whether gold can reach $3,000/ounce.

Adrian Day, chairman of Adrian Day Asset Management, said the recent correction in gold is not over. However, he stressed that the fundamentals that have driven gold prices over the past two years remain intact, so any decline in prices will be short-lived.

Gainesville Coins expert Everett Millman is also not worried about gold's decline last week. He said that with global trade uncertainty and the volatile US economy, it is normal for investors to temporarily convert assets into cash. According to him, gold will soon surpass $3,000 an ounce, which could turn into important support.

While many experts are optimistic, there are more cautious forecasts. Marc Chandler, CEO of Bannockburn Global Forex, said that if gold fails to hold $2,814 an ounce, it could fall to $2,770 an ounce. Independent expert Jess Colombo agreed, saying that this is a natural market correction. However, if gold falls below $2,800 an ounce, investors should be cautious with gold mining stocks.

RJO Futures market strategist Daniel Pavilonis is more bullish, saying he believes gold could rise much higher than $3,000 an ounce, driven by the impact of new tariffs and the response from central banks as they increase their purchases of gold to protect their assets.

Han Tan, an expert at Exinity Group, also assessed that the possibility of gold prices falling is very low. According to him, the demand for safe assets is still very strong in the context of economic growth and the unstable geopolitical situation.

Investors are now awaiting the US payroll report, due later this week. The results of the report could impact the US Federal Reserve's monetary policy.