Gold price today March 14, 2025: World and domestic gold prices increased to an unprecedented peak

Domestic gold price today March 14, 2025

At the time of survey at 4:30 a.m. on March 14, 2025, domestic gold prices increased to an all-time high for both gold bars and gold rings:

DOJI Group listed the price of SJC gold bars at 92.9-94.4 million VND/tael (buy - sell), an increase of 1.1 million VND/tael for buying and an increase of 900,000 VND/tael for selling.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 92.9-94.4 million VND/tael (buy - sell), an increase of 1.1 million VND/tael for buying and an increase of 900 thousand VND/tael for selling.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 93.5-94.7 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 800 thousand VND/tael for buying and 900 thousand VND/tael for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 93-94.4 million VND/tael (buying - selling, up 1 million VND/tael in buying - up 900 thousand VND/tael in selling compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 93-94.4 million VND/tael (buy - sell), gold price increased 1 million VND/tael in buying - increased 900 thousand VND/tael in selling compared to yesterday.

As of 4:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 93.6-94.9 million VND/tael (buy - sell); an increase of 1 million VND/tael for buying and an increase of 900,000 VND/tael for selling.

Bao Tin Minh Chau listed the price of gold rings at 93.4-95 million VND/tael (buy - sell); increased by 850 thousand VND/tael for buying and increased by 900 thousand VND/tael for selling.

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

World gold price today March 14, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was 2,977.21 USD/ounce. Today's gold price increased by 47.35 USD compared to yesterday. Converted according to the USD exchange rate, on the free market (25,840 VND/USD), the world gold price is about 93.58 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 820 thousand VND/tael higher than the international gold price.

World gold prices rose sharply to near all-time highs, thanks to tariff uncertainty and expectations that the US Federal Reserve (Fed) will loosen monetary policy, helping gold continue to attract investors.

Spot gold rose 1.62%, slightly exceeding the record $2,956.15 an ounce set in February. US gold futures also rose 1.2% to $2,982.5 an ounce.

Gold is in a long-term bull market, according to Alex Ebkarian, CEO of Allegiance Gold. He predicts gold prices will fluctuate between $3,000 and $3,200 this year. US President Donald Trump's recent trade policies have helped gold prices rise 12% so far this year.

Gold is a popular asset during times of geopolitical and economic uncertainty. US Commerce Secretary Howard Lutnick said a recession would be “worth it” if it helped implement Trump’s economic policies.

Data from the US Labor Department showed that producer prices were unchanged in February, defying expectations of a slight increase, while the consumer price index (CPI) rose 0.2% compared to a 0.5% increase in January. Although the number of Americans filing for unemployment benefits fell last week, sharp cuts in government spending and an escalating trade war are threatening the stability of the labor market.

Ebkarian also said the Fed may have to cut interest rates in the near future. Lower interest rates are generally seen as positive for gold, as the opportunity cost of holding gold falls as bond yields fall.

The Fed is expected to keep its benchmark interest rate unchanged in a range of 4.25% to 4.50% next week, after cutting it by 100 basis points since last September. Investors expect the Fed to cut rates again in June, after pausing its easing cycle in January.

Meanwhile, spot silver edged up 0.1% to $33.26 an ounce. If silver breaks above $33.30, it could continue to rise to $34, according to Lukman Otunuga, senior research analyst at FXTM. Platinum, on the other hand, fell 0.2% to $981.90, and palladium fell 0.6% to $943.24.

Gold price forecast

In the short term, global gold prices are approaching a record high of $2,956.31 as investors expect the Fed to cut interest rates and closely monitor trade tensions. Important technical support levels, such as the $2,910.32–$2,895.29 and $2,864.26–$2,843.43 price zones, along with the 50-day moving average at $2,822.97, are reinforcing the market's uptrend.

Gold is supported by safe-haven demand, expectations of Fed easing and technical factors. If US inflation data continues to show downward pressure on prices, expectations of a Fed rate cut will increase, supporting gold prices to break above $2,956.31.

However, if the producer price index (PPI) is higher than expected, gold could see a slight dip in the short term. However, the uptrend remains intact thanks to strong technical support levels.

The world gold price is forecast to continue to increase in the coming time, thanks to the support of many economic and geopolitical factors. Experts from BNP Paribas bank also agree with this view, saying that gold will benefit from the chaos of tariffs and geopolitical changes.

David Wilson, senior commodity strategist at BNP, said gold prices could surpass $3,000 an ounce for the first time and reach $3,100 in the coming months.

Against this backdrop, gold futures surged above $2,940 an ounce on Wednesday as the U.S. imposed tariffs on steel and aluminum imports from all countries. Canada and the European Union (EU) responded with retaliatory tariffs. This prompted institutional investors to move physical gold bars into vaults in New York to take advantage of the price differential between London and New York.

Goldman Sachs also raised its year-end gold price forecast to $3,100 an ounce, up from $2,890 previously. Goldman Sachs experts said that demand for gold from central banks will continue to increase, helping gold prices increase by 9% by the end of the year.

In addition, gold ETFs have also increased purchases as interest rates have fallen, offsetting investors adjusting positions as uncertainty has eased. However, if trade and geopolitical tensions remain high, especially US tariffs, gold could rise to $3,300 an ounce as speculative activity returns.