Gold price this afternoon March 5, 2025: World gold price and domestic gold price increased sharply, reaching a new peak of 93 million
Gold price this afternoon, March 5, 2025: World gold prices increased sharply due to escalating trade tensions. Domestic gold ring prices continued to increase sharply, reaching a peak of 93 million VND/tael.
Domestic gold price this afternoon March 5, 2025
As of 3:00 p.m. this afternoon, March 5, 2025, domestic gold shops increased sharply in both buying and selling directions for gold rings, specifically:
At Saigon Jewelry Company (SJC), the price of gold bars is listed at 90.7 million VND/tael (buy) and 92.7 million VND/tael (sell). The gold price this afternoon remained unchanged in both buying and selling directions compared to the closing price of yesterday's trading session.
DOJI system listed SJC gold at buying price of 90.7 million VND/tael and selling price of 92.7 million VND/tael. This price increased by 600 thousand 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 92.7 million VND/tael. Thus, compared to yesterday's session, the gold price decreased by 400 thousand VND/tael in buying price and decreased by 500 thousand VND/tael in selling price.
Bao Tin Minh Chau Company Limited listed the price of SJC gold at 90.9 million VND/tael (buy) and 92.7 million VND/tael (sell). This price increased slightly by 200 thousand VND/tael in the buying direction - unchanged in the selling direction compared to yesterday.
The latest gold price list today, March 5, 2025 is as follows:
| Today (March 5, 2025) | Yesterday (March 4, 2025) | |||
| Purchase price | Selling price | Purchase price | Selling price | |
| SJC | 90,700 | 92,700 | 90,700 | 92,700 |
| DOJI HN | 90,700  600 | 92,700 600 | 90,100 | 92,100 |
| DOJI SG | 90,700 600 | 92,700 600 | 90,100 | 92,100 |
| BTMC SJC | 90,900 200 | 92,700 | 90,700 | 92,700 |
| Phu Quy SJC | 90,900 200 | 92,700 | 90,700 | 92,700 |
| PNJ HCMC | 91,700 200 | 92,900 200 | 91,500 | 92,700 |
| PNJ Hanoi | 91,700 200 | 92,900 200 | 91,500 | 92,700 |
| 1.DOJI- Updated: 3/5/2025 3:00 PM - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 90,700▲600K | 92,700▲600K |
| AVPL/SJC HCM | 90,700▲600K | 92,700▲600K |
| AVPL/SJC DN | 90,700▲600K | 92,700▲600K |
| Raw material 9999 - HN | 91,700▲100K | 92,400▲300K |
| Raw material 999 - HN | 91,600▲100K | 92,300▲300K |
| AVPL/SJC Can Tho | 90,700▲600K | 92,700▲600K |
| 2.PNJ- Updated: 3/5/2025 3:00 PM - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 91,700▲200K | 92,900▲200K |
| HCMC - SJC | 90,700 | 92,700 |
| Hanoi - PNJ | 91,700▲200K | 92,900▲200K |
| Hanoi - SJC | 90,700 | 92,700 |
| Da Nang - PNJ | 91,700▲200K | 92,900▲200K |
| Da Nang - SJC | 90,700 | 92,700 |
| Western Region - PNJ | 91,700▲200K | 92,900▲200K |
| Western Region - SJC | 90,700 | 92,700 |
| Jewelry gold price - PNJ | 91,700▲200K | 92,900▲200K |
| Jewelry gold price - SJC | 90,700 | 92,700 |
| Jewelry gold price - Southeast | PNJ | 91,700▲200K |
| Jewelry gold price - SJC | 90,700 | 92,700 |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 91,700▲200K |
| Jewelry gold price - Jewelry gold 999.9 | 90,300▲200K | 92,800▲200K |
| Jewelry gold price - Jewelry gold 999 | 90,210▲200K | 92,710▲200K |
| Jewelry gold price - Jewelry gold 99 | 89,470▲200K | 91,970▲200K |
| Jewelry gold price - 916 gold (22K) | 82,610▲190K | 85,110▲190K |
| Jewelry gold price - 750 gold (18K) | 67,250▲150K | 69,750▲150K |
| Jewelry gold price - 680 gold (16.3K) | 60,750▲130K | 63,250▲130K |
| Jewelry gold price - 650 gold (15.6K) | 57,970▲130K | 60,470▲130K |
| Jewelry gold price - 610 gold (14.6K) | 54,260▲120K | 56,760▲120K |
| Jewelry gold price - 585 gold (14K) | 51,940▲120K | 54,440▲120K |
| Jewelry gold price - 416 gold (10K) | 36,260▲90K | 38,760▲90K |
| Jewelry gold price - 375 gold (9K) | 32,450▲70K | 34,950▲70K |
| Jewelry gold price - 333 gold (8K) | 28,270▲60K | 30,770▲60K |
| 3. SJC - Updated: 3/5/2025 15:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC 1L, 10L, 1KG | 90,100 | 92,100 |
| SJC 5c | 90,100 | 92,120 |
| SJC 2c, 1c, 5c | 90,100 | 92,130 |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 90,100 | 92,000 |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 90,100 | 92,100 |
| Jewelry 99.99% | 90,100 | 91,700 |
| Jewelry 99% | 87,792 | 90,792 |
| Jewelry 68% | 59,512 | 62,512 |
| Jewelry 41.7% | 35,392 | 38,392 |
The current buying price of SJC 9999 gold rings is 90.7 million VND/tael and the selling price is 92.6 million VND/tael. The gold ring prices have not changed 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 91.7 million VND/tael and the selling price increased to 93 million VND/tael, an increase of 100 thousand VND/tael in buying - an increase of 300 thousand VND/tael in selling compared to yesterday.
With a purchase price of 91.9 million VND, the gold ring purchase price has broken yesterday's record of 91.6 million VND to set a new historical peak. With the current selling price of 93.1 million VND, the gold ring has reached an all-time high and is 50 thousand VND higher than the old record of 93.05 million VND achieved on February 11, 2025.
World gold price this afternoon March 5, 2025
As of 3:00 p.m. this afternoon, March 5, the world gold price was listed at 2,919.58 USD/ounce, up 6.03 USD/ounce compared to the beginning of the previous trading session.
World gold prices are on track to increase sharply after a recovery earlier this week, as investors' demand for safe havens increased due to escalating global political and economic tensions.
The tensions began when the US decided to impose tariffs on goods imported from Mexico, Canada and China on March 4. In response, these countries also took retaliatory measures, directly affecting about $1,000 billion in global trade. This caused strong fluctuations in financial markets.
The US S&P 500 stock index fell sharply on Monday afternoon shortly after President Donald Trump announced new tax policies, continuing to lose points on Tuesday and falling below the important support level of 5,800 points.
The market is also closely watching China’s moves, with some experts predicting that China could let the yuan depreciate to reduce the negative impact of tariffs and support exports.
Currently, the People's Bank of China is maintaining a stable exchange rate. However, if the yuan continues to weaken, Chinese investors may pour money into gold, causing prices to rise even higher.
In addition, the yield on 10-year US government bonds fell from 4.8% to 4.14%. This reflects expectations that the US Federal Reserve (FED) may soon cut interest rates to support the economy amid slowing growth.
According to Ole Hansen, Head of Commodity Strategy at Saxo Bank, gold still has a lot of room to rise. He believes that the target of $3,000 an ounce is becoming increasingly feasible, especially since the recent correction was short-lived, showing that demand for gold is still very strong even when there is profit-taking pressure from investors.
Hansen also pointed out that in addition to being considered a safe haven asset, gold is being supported by buying by central banks around the world amid concerns about rising public debt levels. At the same time, the US dollar is weakening as the USD Index tests the important support level of 106 points. This could push gold prices higher.
In addition, the US economy is showing signs of slowing growth, raising expectations that the FED will be forced to cut interest rates this year, even if inflation remains high. If this happens, gold could continue to benefit and maintain its upward trend in the coming time.
