Gold price today March 18, 2025: Domestic gold price increases, world gold returns to 3000 USD mark

Domestic gold price today March 18, 2025

At the time of survey at 4:30 a.m. on March 18, 2025, domestic gold prices increased slightly, setting a record for the 14th time this year for both gold bars and gold rings:

The price of SJC gold bars listed by DOJI Group is at 94.8-96.1 million VND/tael (buy - sell), an increase of 500 thousand VND/tael for buying - an increase of 300 thousand VND/tael for selling.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 94.8-96.1 million VND/tael (buy - sell), an increase of 500 thousand VND/tael in buying - an increase of 300 thousand VND/tael in selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 95.7-96.7 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 1.4 million VND/tael for buying and increased by 900 thousand VND/tael for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited was traded by the enterprise at 94.8 - 96.1 million VND/tael (buying - selling), an increase of 300 thousand VND/tael in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 94.8 - 96.1 million VND/tael (buy - sell), gold price increased 300 thousand VND/tael in both buying and selling directions 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 95.1-96.6 million VND/tael (buy - sell); up 200,000 VND/tael in the buying direction - up 300,000 VND/tael in the selling direction.

Bao Tin Minh Chau listed the price of gold rings at 95.2-96.8 million VND/tael (buy - sell); increased 200 thousand VND/tael in both buying and selling directions.

The latest gold price list today, March 18, 2025 is as follows:

World gold price today March 18, 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 at 3,000.39 USD/ounce. Today's gold price increased by 15.43 USD/ounce compared to yesterday. Converted according to the USD exchange rate, on the free market (25,800 VND/USD), the world gold price is about 94.37 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 1.73 million VND/tael higher than the international gold price.

Gold prices are hovering around the $3,000 mark, a level that was surpassed last week. Markets are now focused on trade tariffs and the upcoming Federal Reserve policy meeting.

The Fed will release new economic projections this week, which are seen as the clearest evidence yet of how policymakers at the US central bank are assessing the impact of President Donald Trump's policies, which are clouding a previously solid economic outlook.

Treasury Secretary Scott Bessent said there was no guarantee the US economy would not fall into recession, although there could be some adjustments.

The gold market is currently in a “wait-and-see” mode ahead of the Fed’s decision, said David Meger, director of metals trading at High Ridge Futures. He expects gold prices to correct in the near term. The market expects the Fed to hold interest rates steady on Wednesday, with the possibility of another cut in June.

Gold, which does not pay interest, is often seen as a hedge against uncertainty and gold prices tend to rise in a low-interest-rate environment.

Recent data showed that U.S. retail sales rebounded less than expected in February, suggesting moderate economic growth despite the negative impact of import tariffs and federal layoffs. Analysts at Heraeus Metals said that if economic data continues to weaken and the global tariff war escalates, gold prices will continue to benefit.

President Trump said he plans to speak with Russian President Vladimir Putin on Tuesday to discuss ending the war in Ukraine.

Among other precious metals, silver fell 1.01% to $33.44 an ounce, while palladium fell 0.38% to $961.50. Platinum, on the other hand, edged up 0.3% to $996.45.

Gold Price Forecast

According to Ernest Hoffman, market analyst at Kitco News, investors are waiting for important decisions from central banks and important economic data from the US. These decisions will have a big impact on global financial markets, especially gold prices and the US dollar.

Commodity experts at Macquarie have raised their gold price forecast to $3,500 an ounce by the third quarter of 2025. They had previously targeted $3,000 an ounce by mid-year, but gold prices hit that mark earlier than expected.

Adrian Day, chairman of Adrian Day Asset Management, said central banks are still buying gold aggressively, and he believes the price of gold will surpass $3,000 an ounce. According to him, this price is not an obstacle for central banks around the world.

Bart Melek, head of commodity strategy at TD Securities, said any dip in gold prices is a good buying opportunity. He expects gold prices to establish a new trading range above $3,000 an ounce this year.

Alex Kuptsikevich, a senior market analyst at FxPro, said gold prices could rise further on expectations of low interest rates. He predicted that gold prices could reach $3,190 an ounce and even surpass $3,400 an ounce in the near future.

Gold’s near-term momentum remains positive, with next resistance levels at $3,016 or $3,030, according to Kelvin Wong, senior market analyst for Asia. Gold has gained about 14% since the start of 2025.

Traders expect the Fed to cut interest rates again in June. ANZ analysts maintain an optimistic view, forecasting that gold prices could reach a record $3,050 an ounce in 2025.

Important global gold price support levels to watch include the price zone around $2,956 and $2,930. If gold breaks $3,005, the uptrend is likely to continue with potential targets ranging from $3,012 to $3,043.