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Gold price today March 12, 2025: World gold price and domestic gold price increased to new record

Quoc DuongDNUM_BCZADZCACF 04:30

Gold price today March 12, 2025: World gold price increased, benefiting from world political instability. Pulling domestic gold price up sharply again to a new record of 93.5 million VND/tael.

Domestic gold price today March 12, 2025

At the time of survey at 4:30 a.m. on March 12, 2025, the gold price on the trading floors of some companies was as follows:

DOJI listed the price of 9999 gold today at 91 million VND/tael for buying and 93 million VND/tael for selling. Today's gold price increased by 100 thousand VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 92.5-93.5 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 400 thousand VND/tael for buying and 300 thousand VND/tael for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 91-92.8 million VND/tael (buying - selling, up 100 thousand VND/tael in buying - down 100 thousand VND/tael in selling compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 91-92.8 million VND/tael (buy - sell), gold price decreased 100 thousand VND/tael in buying direction - decreased 300 thousand VND/tael in selling direction compared to yesterday.

The difference between buying and selling prices at SJC, DOJI, and PNJ stores is 2 million VND/tael. Except for the difference between buying and selling prices at Mi Hong, which is only 1 million VND/tael, at Bao Tin Minh Chau and Phu Quy, it is 1.8 million VND/tael.

Giá vàng hôm nay 12/3/2025: Giá vàng tăng lên kỷ lục mới

The latest gold price list today, March 12, 2025 is as follows:

Gold price today
March 12, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
9193
+100+100
DOJI Group
91
93
+100
+100
Red Eyelashes
92.593.5
+400+300
PNJ
91
93
+100+100
Vietinbank Gold
93

+100
Bao Tin Minh Chau
91
92.8
+100-100
Phu Quy9192.8-100-300
1.DOJI- Updated: 12/3/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
Type
BuySell
AVPL/SJC HN91,000▲100K93,000▲100K
AVPL/SJC HCM91,000▲100K93,000▲100K
AVPL/SJC DN91,000▲100K93,000▲100K
Raw material 9999 - HN92,100▲200K92,600▲100K
Raw material 999 - HN92,000▲200K92,500▲100K
AVPL/SJC Can Tho91,000▲100K93,000▲100K
2.PNJ- Updated: 12/3/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
HCMC - PNJ92,000▲200K93,400▲50K
HCMC - SJC91,000▲100K93,000▲100K
Hanoi - PNJ92,000▲200K93,400▲50K
Hanoi - SJC91,000▲100K93,000▲100K
Da Nang - PNJ92,000▲200K93,400▲50K
Da Nang - SJC91,000▲100K93,000▲100K
Western Region - PNJ92,000▲200K93,400▲50K
Western Region - SJC91,000▲100K93,000▲100K
Jewelry gold price - PNJ92,000▲200K93,400▲50K
Jewelry gold price - SJC91,000▲100K93,000▲100K
Jewelry gold price - SoutheastPNJ92,000▲200K
Jewelry gold price - SJC91,000▲100K93,000▲100K
Jewelry gold price - Jewelry gold pricePNJ 999.9 Plain Ring92,000▲200K
Jewelry gold price - Jewelry gold 999.990,80093,300
Jewelry gold price - Jewelry gold 99990,71093,210
Jewelry gold price - Jewelry gold 9989,97092,470
Jewelry gold price - 916 gold (22K)83,06085,560
Jewelry gold price - 750 gold (18K)67,63070,130
Jewelry gold price - 680 gold (16.3K)61,09063,590
Jewelry gold price - 650 gold (15.6K)58,30060,800
Jewelry gold price - 610 gold (14.6K)54,56057,060
Jewelry gold price - 585 gold (14K)52,23054,730
Jewelry gold price - 416 gold (10K)36,46038,960
Jewelry gold price - 375 gold (9K)32,64035,140
Jewelry gold price - 333 gold (8K)28,44030,940
3.SJC- Updated: 12/3/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 1L, 10L, 1KG91,000▲100K93,000▲100K
SJC 5c91,000▲100K93,020▲100K
SJC 2c, 1c, 5c91,000▲100K93,030▲100K
SJC 99.99 gold ring 1 chi, 2 chi, 5 chi91,000▲100K92,900▲100K
SJC 99.99 gold ring 0.3 chi, 0.5 chi91,000▲100K93,000▲100K
Jewelry 99.99%91,000▲100K92,600▲100K
Jewelry 99%88,683▲99K91,683▲99K
Jewelry 68%60,124▲68K63,124▲68K
Jewelry 41.7%35,768▲41K38,768▲41K

World gold price today March 12, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was 2,914.91 USD/ounce. Today's gold price increased by 8.17 USD compared to yesterday. Converted to the USD exchange rate, on the free market (25,830 VND/USD), the world gold price is about 91.77 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 1.23 million VND/tael higher than the international gold price.

Gold prices rose slightly on Thursday, helped by a weaker US dollar and concerns about a recession due to the tariff war. Meanwhile, investors are awaiting important inflation data that could shed light on the direction of US monetary policy.

The US dollar fell to its lowest level since early November. As the dollar weakens, gold becomes cheaper for holders of other currencies.

'Gold prices are likely to remain supported amid market uncertainty, which is boosting demand for the safe-haven asset. However, any positive developments in the Russia-Ukraine talks could reduce risk premiums,' said Vawda, market analyst at MarketPulse at OANDA.

Tariffs imposed by US President Donald Trump on major trading partners have caused major volatility in global markets and raised concerns about economic growth. Gold is often seen as a hedge against uncertainty and tends to appreciate in a low-interest-rate environment because it is a non-yielding asset.

Markets are also looking ahead to the U.S. consumer price index (CPI) on Wednesday and the producer price index (PPI) on Thursday. The CPI is expected to rise 0.3% in February, according to a Reuters poll. Vawda added that unless the data deviates significantly from expectations, the impact on gold prices could be short-lived.

Traders are now expecting the Federal Reserve to cut interest rates in June. 'Gold prices are already at very high levels due to the strong gains since the start of the year, which limits further upside potential,' Commerzbank said.

Alongside gold, spot silver also rose 1.3% to $32.53. Platinum rose 1.7% to $973.44, while palladium rose 0.2% to $944.70. Bank of America said lingering concerns about the trade dispute could keep platinum-based commodities (PGMs) stuck in the U.S. longer.

Gold Price Forecast

Mr. Milling-Stanley, chief strategist at State Street Global Advisors (SSGA), forecasts a 50% chance of gold prices ranging from $2,600 to $2,900 an ounce in 2025 and a 30% chance of hitting $3,100 an ounce. He stressed that global instability has always been a factor that drives gold prices higher.

Chantelle Schieven, an expert from Capitalight Research, gave a more optimistic forecast, with prices possibly reaching $3,200/ounce.

She said central banks continue to buy gold to diversify their foreign exchange reserves and reduce their dependence on the US dollar. President Trump’s trade policies in particular are believed to be a factor driving this trend.

Despite the possibility of short-term corrections, many experts remain optimistic about gold's medium- to long-term upward momentum. Kelvin Wong, an expert at Oanda, predicts the upward trend will continue, with the current important support level at $2,716/ounce.

Some other analysts believe that if gold prices surpass $2,950 an ounce, it could continue to rise to $3,180 an ounce.

Gold investors need to keep an eye on the sentiment in the US stock market. If US stocks continue to weaken, this could impact global financial leverage and affect gold prices.

According to gold expert Tran Duy Phuong, investors should not buy physical gold at this time. Gold prices are forecast to adjust sharply below $2,800/ounce, and may even fall to $2,727/ounce. He recommends waiting until the end of March or when gold prices decline further before considering buying.

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Gold price today March 12, 2025: World gold price and domestic gold price increased to new record
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