Gold price today March 30: Domestic and world gold prices are expected to increase to set a new record next week

Domestic gold price this afternoon March 30, 2025

As of 2:30 p.m. this afternoon, March 30, 2025, domestic gold shops maintained the gold price at nearly 101 million VND/tael, specifically:

At Saigon Jewelry Company (SJC), the price of gold bars was listed at 98.4 million VND/tael (buy) and 100.7 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 98.4 million VND/tael and selling price of 100.7 million VND/tael. This price remained unchanged in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the buying price of SJC gold is 98.4 million VND/tael and the selling price is 99.8 million VND/tael. Thus, compared to yesterday's session, the gold price decreased by 100 thousand VND/tael in buying price - increased by 100 thousand VND/tael in selling price.

Bao Tin Minh Chau Company Limited listed the price of SJC gold at 98.5 million VND/tael (buy) and 100.7 million VND/tael (sell). This price remained unchanged in both buying and selling directions compared to yesterday.

The latest gold price list today, March 30, 2025 is as follows:

The current buying price of SJC 9999 gold rings is 98.2 million VND/tael and the selling price is 100.4 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 is 98.4 million VND/tael and the selling price is 100.7 million VND/tael, the price remains unchanged in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings close to 101 million VND, at 98.9-100.9 million VND/tael (buy - sell); the price remained unchanged in both buying and selling directions.

World gold price this afternoon March 30, 2025

As of 3:30 p.m. this afternoon, March 30, the world gold price was listed at 3,083.39 USD/ounce, stable compared to yesterday and up 59.13 USD/ounce compared to the close of last week's trading session.

The price of gold has soared to an all-time high as investors are pouring money into the metal to seek safety from economic and political uncertainties. The price increase this time is mainly due to the latest announcement by US President Donald Trump about imposing a 25% tax on imported cars and auto parts.

Immediately, major economies such as Europe, Japan, Canada and China reacted strongly and threatened to take retaliatory measures. This significantly increased the risk of a new trade war, making investors nervous and pushing gold prices to continue to rise towards new records.

In addition to trade tensions, political instability in the Middle East region also contributed significantly to the increase in gold prices. The US has just increased its military activities there and is preparing for military action targeting the Houthi forces in Yemen. These moves have raised concerns about the risk of escalating conflict, which could affect oil supplies and cause widespread instability. Gold prices are further supported to go further.

Analysts say that Mr. Trump's tariff policy is not simply aimed at the auto industry, but may expand to many other products, affecting consumers around the world. Experts from Bank of America also predict that if trade tensions escalate, major central banks will continue to diversify their foreign exchange reserves, reducing their dependence on the USD.

The slight weakening of the US dollar, combined with the boost in demand for gold from many major central banks from countries such as China, Russia, Brazil and India. In addition, gold exchange-traded funds (ETFs) are also continuing to record steady inflows, creating solid support for gold prices.

Another important factor that positively affects the price of gold is the continued increase in inflationary pressure in the US. The recently released core Personal Consumption Expenditure (PCE) Index increased more than expected, showing that the price of goods is continuing to climb. This makes many investors worry that inflation will reduce the purchasing power of the American people, thereby making them increasingly seek asset protection through gold.

US consumers are now having to cut spending and increase savings due to sharp price increases. Personal income has increased faster than expected, but personal spending has increased more slowly. This situation has many experts worried that the US economy is facing the risk of high inflation but weak growth, making it difficult for the FED to decide to adjust interest rates.

Damian McIntyre of Federated Hermes warned that rising inflation data will put more pressure on the Fed, especially with new tariffs set to take effect next week. He also said that while the Fed is neutral, inflationary pressures and trade tensions will force it to carefully consider the path of rate cuts.

At the end of the last trading week, the spot gold price listed on Kitco reached a very high level of 3083.39 USD/ounce, showing that investors are still buying gold aggressively to guard against greater risks in the coming time.

Gold price forecast

Given the current situation, gold prices are expected to remain high in the short term. If trade and political tensions persist, gold prices could rise to around $3,100-$3,200 an ounce by mid-April.

However, the market will also face the risk of strong fluctuations, especially if the US Federal Reserve (Fed) suddenly raises interest rates to curb inflation, or if tensions in the Middle East and Ukraine are eased. At that time, the price of gold could fall rapidly to the threshold of 2,950-3,000 USD/ounce.

In the long term, Goldman Sachs bank forecasts gold prices will reach around $3,300/ounce by the end of 2025. The main factors driving this increase are stable gold buying demand from central banks and capital flows from gold ETFs.

In the same vein, last week, a team of analysts from Bank of America raised their gold price forecast for the next two years, predicting that prices could reach $3,500 an ounce by 2027. However, given the current strong rise in gold prices, this figure may still be quite conservative.

French bank Société Générale also made an optimistic prediction, saying that gold could reach $3,300/ounce in 2025. The bank even emphasized that if the international political situation becomes more serious, the gold price is entirely capable of reaching a record $4,000/ounce.

However, David Morrison of Trade Nation warned that gold prices are overbought and advised investors to be cautious. He said that although investors are still eager to buy after each small correction, this also increases the risk of a sharp decline in the near future.

Experts from Kitco believe that gold prices will continue to increase in the short term, even in April. The important levels that investors need to watch in the near future are $3,042, $3,050, and especially the important resistance level at $3,100 per ounce. Many analysts consider the $3,100 mark to be the point that could mark a temporary peak in the gold market.

Ilya Spivak, global macro director at Tastylive, also noted that investors should pay particular attention to the key price level of $3,057, followed by $3,100/ounce. These are key levels that will determine the trend of gold in the coming period.

However, some analysts also note the possibility of a short-term correction. James Stanley, senior strategist at Forex.com, said that the $3,100 level is an important milestone to watch, as it could be a key technical resistance level that could cause the market to experience a slight correction.