Gold price today March 15, 2025: World and domestic gold prices peaked for the 13th time this year

Domestic gold price this afternoon March 15, 2025

As of 2:00 p.m. this afternoon, March 15, 2025, domestic gold prices soared to a new peak very close to 100 million, specifically:

At Saigon Jewelry Company (SJC), the price of gold bars was listed at 94.3 million VND/tael (buy) and 95.8 million VND/tael (sell). The gold price this afternoon remained unchanged in both buying and selling directions compared to the close of yesterday's trading session.

DOJI system listed SJC gold at buying price of 94.3 million VND/tael and selling price of 95.8 million VND/tael. This price remained unchanged in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, SJC gold is bought at 95 million VND/tael and sold at 96 million VND/tael. Thus, compared to yesterday's session, the gold price increased by 200 thousand VND/tael in buying price - unchanged in selling price.

Bao Tin Minh Chau Company Limited listed the price of SJC gold at 94.5 million VND/tael (buy) and 95.8 million VND/tael (sell). This price increased by 100 thousand VND/tael in both buying directions - unchanged in selling direction compared to yesterday.

The latest gold price list today, March 15, 2025 is as follows:

	Today (March 15, 2025)		Yesterday (March 14, 2025)
	Purchase price	Selling price	Purchase price	Selling price
SJC	94,300	95,800	94,300	95,800
DOJI Hanoi	94,300	95,800	94,300	95,800
DOJI SG	94,300	95,800	94,300	95,800
BTMC SJC	94,500100	95,800	94,400	95,800
Phu Quy SJC	94,500	95,800	94,500	95,800
PNJ HCMC	94,500	96,200	94,500	96,200
PNJ Hanoi	94,500	96,200	94,500	96,200

The current buying price of SJC 9999 gold rings is 94.2 million VND/tael and the selling price is 95.7 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 reached a record peak of 95 million VND/tael and the selling price was 96.3 million VND/tael, the price remained unchanged in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the highest selling price of gold rings at 95-96.6 million VND/tael (buy - sell); the price increased by 50 thousand VND/tael for buying - increased by 100 thousand VND/tael for selling.

World gold price this afternoon March 15, 2025

As of 2:00 p.m. this afternoon, March 15, the world gold price was listed at 2,987.95 USD/ounce, an increase of 4.24 USD/ounce compared to the close of yesterday's trading session.

Yesterday, the international gold price surpassed the 3,000 USD/ounce mark for the first time in history, reaching a record high for the 13th time this year. The main reason is that the tariff policy of US President Donald Trump made investors worried and rushed to safe assets such as gold.

During the day, gold prices even jumped to $3,017.11, the first time that the price of a gold futures contract has closed above the $3,000 threshold. Gold futures have been on a strong run recently, up 2.5% in the past five trading sessions, more than 10% year-to-date and more than 30% year-to-date.

Concerns about inflation and trade tensions caused by tariffs have led investors to seek gold as a hedge against risk. Meanwhile, gold holdings in COMEX-approved vaults hit a record 40.56 million ounces as traders rushed to protect their positions amid tariff uncertainty. However, inflows into gold have slowed in recent weeks.

Traders are also expecting the US Federal Reserve to cut interest rates three times this year, up from two previously expected. The Fed has cut rates by 100 basis points since September and paused in January, but markets expect further cuts in June. This is putting pressure on the dollar, a significant change from when Trump's protectionist policies strengthened the currency.

According to the World Gold Council (WGC), the amount of gold held in ETFs listed in Europe has increased by 46.7 tonnes, equivalent to 3.6%, to 1,334.3 tonnes since the beginning of 2025. This is a significant change compared to the period 2021-2024, when money flowed mainly out of the gold market.

"Since 2022, when the US Federal Reserve (Fed) started its rate-hike cycle, many investors have left gold. However, as other markets started to show signs of weakness and interest rates could fall further in the future, they have returned to gold," said Ole Hansen, head of commodity strategy at Saxo Bank.

In the US, gold holdings in ETFs have risen by 68.1 tonnes, or 4.3%, to 1,649.8 tonnes since the start of the year. Ole Hansen of Saxo Bank said that Trump's policies have caused many investors to withdraw from the US stock market, which has long attracted large sums of money, and gold could be a beneficiary, at least in the short term.

Gold price forecast

Macquarie predicts that gold prices could hit a high of around $3,500 if the US budget deficit does not improve. Goldman Sachs has also raised its 2025 end-of-year gold price target to $3,100.

To sustain prices above $3,000 an ounce, gold needs further support from physical demand (such as bars and coins) in Europe and North America, or from increased central bank purchases, said John Reade, senior market strategist at the WGC. Currently, only physical demand in Germany is growing again after years of decline.