Gold price today March 19: Domestic gold price increased to over 100 million

Domestic gold price this afternoon March 19, 2025

As of 4:00 p.m. this afternoon, March 19, 2025, domestic gold shops have increased by 100 million today for both gold bars and gold rings, specifically:

At Saigon Jewelry Company (SJC), the price of gold bars was listed at VND98.3 million/tael (buy) and VND99.8 million/tael (sell). The price of gold this afternoon increased by VND1.6 million/tael in both buying and selling directions compared to the end of yesterday's trading session.

DOJI system listed SJC gold at buying price of 98.3 million VND/tael and selling price of 99.8 million VND/tael. This price increased by 1.6 million VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Gold and Gemstone Company, the buying price of SJC gold is 98.5 million VND/tael andsell 100 million VND/tael. Thus, compared to yesterday's session, gold price increased by 1 million VND/tael in buying - increased by 1.5 million VND/tael in selling.

Bao Tin Minh Chau Company Limited listed the price of SJC gold at 98.4 million VND/tael (buy) and 99.8 million VND/tael (sell). This price increased by 1.7 million VND/tael for buying and 1.6 million VND/tael for selling compared to yesterday.

The latest gold price list today, March 19, 2025 is as follows:

	Today (March 19, 2025)		Yesterday (March 18, 2025)
	Purchase price	Selling price	Purchase price	Selling price
SJC	98,3001600	99,8001600	96,700	98,200
DOJI HN	98,3001600	99,8001600	96,700	98,200
DOJI SG	98,3001600	99,8001600	96,700	98,200
BTMC SJC	98,4001700	99,8001600	96,700	98,200
Phu Quy SJC	98,3001600	99,8001600	96,700	98,200
PNJ HCMC	98,3001400	99,9001400	96,900	98,500
PNJ Hanoi	98,3001400	99,9001400	96,900	98,500

The current buying price of SJC 9999 gold rings is 98.2 million VND/tael and the selling price is 99.7 million VND/tael. The price of gold rings increased by 1.6 million VND/tael 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 98.6 million VND/tael and the selling price was 100.2 million VND/tael, an increase of 1.4 million VND/tael for buying - an increase of 1.5 million VND/tael for selling compared to yesterday.

Bao Tin Minh Chau listed the gold ring price at a new record selling price of 98.85-100.4 million VND/tael (buy - sell); the price increased by 1.6 million VND/tael in both buying and selling directions.

World gold price this afternoon March 19, 2025

As of 4:00 p.m. this afternoon, March 19, the world gold price was listed at 3,027.48 USD/ounce, up 0.8 USD/ounce compared to the close of yesterday's trading session.

Domestic gold prices reached 100 million for both gold rings and gold bars. This is an important milestone marking a strong increase in gold prices in the context of escalating world conflicts and global financial instability.

The domestic gold price increase is supported by the world gold price. Due to the increasing tension in the Middle East and the uncertainties related to US tariffs, gold has become a "safe haven" asset sought by many investors. Meanwhile, the market is also waiting for the interest rate decision from the US Federal Reserve (Fed) later in the day.

Today, the world gold price even hit an all-time high of $3,045.24/ounce, marking the 16th record this year. The US gold futures price also increased by 0.2%, to $3,046.40/ounce.

The main reason for the increase in gold prices is the concern about economic recession and the risk of rising inflation from the tariff policies of US President Donald Trump. These tariffs, including 25% tariffs on steel and aluminum in February, and other taxes scheduled to be applied from April 2, have escalated global trade tensions.

Yeap Jun Rong, market strategist at IG, said there are few factors that could stop gold from rising. Geopolitical tensions in the Middle East, rising global economic risks and tariff uncertainty are making gold an attractive hedge against market volatility.

Against this backdrop, Israeli airstrikes in Gaza have killed more than 400 people, and Israel warns that this is just the beginning. This has further heightened concerns about regional security.

On the Fed side, the agency is expected to keep the basic interest rate in the range of 4.25% - 4.50% after a two-day policy meeting.

In addition, the market is also waiting for Fed Chairman Jerome Powell's speech to learn more about the monetary policy outlook.

Meanwhile, silver prices fell 0.4% to $33.89 an ounce, platinum fell 0.7% to $989.95 an ounce and palladium fell 0.7% to $960.68 an ounce.

Gold Price Forecast

Gold prices have surged, surpassing the $3,000/ounce threshold and are still forecast to reach higher levels in the coming time. Although the US housing market is recovering strongly in February, gold prices are still maintaining their upward momentum due to many supporting factors.

Under Donald Trump, as trade and political tensions between the US and its Western allies, including Europe, have escalated, many countries have continued to shift their foreign exchange reserves to gold to protect their assets from global economic fluctuations.

Technically, gold is in a strong uptrend. The next important resistance level is at $3,100/ounce. Meanwhile, the first support level is at $3,008.2/ounce – the low of the recent trading session. In addition, $3,000/ounce is also an important psychological support level.

According to Matt Simpson, a senior analyst at City Index, the current rally could see gold prices hit $3,200 in a little over a month. He said that even if the market corrects, investors will still be willing to buy on dips, even if the declines are small.

Tim Waterer, market analyst at KCM Trade, said that if the Fed were to signal a dovish tone due to concerns about the impact of tariffs on economic growth, it could give gold a boost above $3,050. Gold tends to rise in a low-interest-rate environment.

Mr. Nguyen Quang Huy analyzed that the world gold price is at a record high, exceeding 3,000 USD/ounce. Although major financial institutions still predict an upward trend, they also warn of the possibility of a correction. The RSI (relative strength index) has exceeded 70, indicating that the market is in an overbought state. When this happens, the gold price may be pushed higher than the equilibrium level before adjusting downward.

In the short term, gold prices can fluctuate strongly, depending on macroeconomic developments and central bank policies. If world prices continue to increase, domestic gold prices will also remain high. However, exchange rate fluctuations and regulatory policies can affect the rate of increase in domestic gold prices.

Associate Professor Dr. Nguyen Huu Huan said that gold prices could continue to set new records due to concerns about global political instability. However, the increase will not be continuous and there will be adjustments, especially when gold prices have reached high levels.

In the near future, when the expected level is reached, many investors may take profits, causing the gold price to reverse and decrease. Mr. Huan recommends that, to invest in gold effectively, investors should wait for strong adjustments to buy.