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Gold price today March 4, 2025: World and domestic gold prices rebound

Quoc DuongDNUM_AEZADZCACF 04:30

Gold price today March 4, 2025: World gold price and domestic gold price bounced back. Experts predict that the long-term upward trend of gold price is still very solid.

Domestic gold price today 3/4/2025

At the time of survey at 4:30 a.m. on March 4, 2025, the gold price on the trading floors of some companies was as follows:

DOJI listed the price of 9999 gold today at 89 million VND/tael for buying and 91 million VND/tael for selling. Today's gold price increased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 90.7-91.5 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 300 thousand VND/tael for buying and increased by 500 thousand VND/tael for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 89.3-91 million VND/tael (buying - selling), an increase of 500 thousand VND/tael in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 89.3-91 million VND/tael (buy - sell), gold price increased by 600 thousand VND/tael in buying direction - increased by 500 thousand VND/tael in selling direction compared to yesterday.

Giá vàng hôm nay 4/3/2025: Giá vàng bật tăng trở lại

The latest gold price list today, March 4, 2025 is as follows:

Gold price today
March 4, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
8991
+500+500
DOJI Group
89
91
+500
+500
Red Eyelashes
90.791.5
+300+500
PNJ
89
91
+500+500
Vietinbank Gold
91

+500
Bao Tin Minh Chau
89.3
91
+500+500
Phu Quy89.391+600+500
1.DOJI- Updated: 4/3/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
Type
BuySell
AVPL/SJC HN89,000▲500K91,000▲500K
AVPL/SJC HCM89,000▲500K91,000▲500K
AVPL/SJC DN89,000▲500K91,000▲500K
Raw material 9999 - HN90,500▲500K90,900▲500K
Raw material 999 - HN90,400▲500K90,800▲500K
AVPL/SJC Can Tho89,000▲500K91,000▲500K
2.PNJ- Updated: 4/3/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
HCMC - PNJ90,000▲200K91,000▲500K
HCMC - SJC89,000▲500K91,000▲500K
Hanoi - PNJ90,000▲200K91,000▲500K
Hanoi - SJC89,000▲500K91,000▲500K
Da Nang - PNJ90,000▲200K91,000▲500K
Da Nang - SJC89,000▲500K91,000▲500K
Western Region - PNJ90,000▲200K91,000▲500K
Western Region - SJC89,000▲500K91,000▲500K
Jewelry gold price - PNJ90,000▲200K91,000▲500K
Jewelry gold price - SJC89,000▲500K91,000▲500K
Jewelry gold price - SoutheastPNJ90,000▲200K
Jewelry gold price - SJC89,000▲500K91,000▲500K
Jewelry gold price - Jewelry gold pricePNJ 999.9 Plain Ring90,000▲200K
Jewelry gold price - Jewelry gold 999.988,400▲400K90,900▲400K
Jewelry gold price - Jewelry gold 99988,310▲400K90,810▲400K
Jewelry gold price - Jewelry gold 9987,590▲390K90,090▲390K
Jewelry gold price - 916 gold (22K)80,860▲360K83,360▲360K
Jewelry gold price - 750 gold (18K)65,830▲300K68,330▲300K
Jewelry gold price - 680 gold (16.3K)59,460▲270K61,960▲270K
Jewelry gold price - 650 gold (15.6K)56,740▲260K59,240▲260K
Jewelry gold price - 610 gold (14.6K)53,100▲240K55,600▲240K
Jewelry gold price - 585 gold (14K)50,830▲240K53,330▲240K
Jewelry gold price - 416 gold (10K)35,460▲160K37,960▲160K
Jewelry gold price - 375 gold (9K)31,740▲150K34,240▲150K
Jewelry gold price - 333 gold (8K)27,650▲130K30,150▲130K
3.SJC- Updated: 4/3/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 1L, 10L, 1KG89,000▲500K91,000▲500K
SJC 5c89,000▲500K91,020▲500K
SJC 2c, 1c, 5c89,000▲500K91,030▲500K
SJC 99.99 gold ring 1 chi, 2 chi, 5 chi89,000▲500K90,900▲500K
SJC 99.99 gold ring 0.3 chi, 0.5 chi89,000▲500K91,000▲500K
Jewelry 99.99%89,000▲500K90,600▲500K
Jewelry 99%86,702▲495K89,702▲495K
Jewelry 68%58,764▲340K61,764▲340K
Jewelry 41.7%34,933▲208K37,933▲208K

World gold price today March 4, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:00 a.m. today, Vietnam time, was 2,872.53 USD/ounce. Today's gold price increased by 15.09 USD compared to yesterday. Converted to the USD exchange rate, on the free market (25,800 VND/USD), the world gold price is about 90.33 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 670 thousand VND/tael higher than the international gold price.

World gold prices rose slightly, from their lowest level in more than three weeks in the previous trading session. The main reason was the weakening of the US dollar and increased demand for safe-haven assets such as gold, due to concerns about US President Donald Trump's tariff policy.

The U.S. Dollar Index (.DXY), which tracks the dollar, fell 0.6% from a more than two-week high earlier, making gold cheaper for buyers using currencies other than the dollar.

Mr. Han Tan, market analyst at Exinity Group, commented: 'Gold prices are unlikely to fall further due to the increasing demand for safe assets, especially in the context of increasing geopolitical and global economic instability.'

Last week, President Trump threatened to impose an additional 10% tariff on Chinese goods, effective Tuesday, bringing the total tariff to 20%. This has worried the market and boosted investment demand for gold.

However, gold does not yield the same returns as other assets, so when interest rates rise, it becomes less attractive to investors. In the previous session, gold prices fell more than 1% after US inflation data showed that the Federal Reserve may be cautious about cutting interest rates this year.

Investors are looking ahead to the US jobs report due later this week for further clues on the Fed's monetary policy.

UBS analysts predict gold prices could hit $3,000 an ounce this year, and even $3,200 in some risk scenarios. They also see silver as having the potential to rise further as gold prices stabilize and global industrial production shows signs of a modest recovery.

Prices of other metals also increased slightly. Specifically, spot silver increased 1.2% to $31.52/ounce, platinum increased 0.8% to $955.5 and palladium increased 1.5% to $933.09.

Gold Price Forecast

Although gold prices may fall in the short term, according to experts, the long-term upward trend of gold prices is still very solid. When inflation increases, many investors tend to buy gold to protect their assets. This is an important factor in maintaining the stability of gold prices in the world market.

The sharp drop in gold prices at certain times is actually just a temporary adjustment of the market to balance supply and demand. Although selling pressure still exists, experts still have a positive view on gold in the long term.

Despite speculative volatility, investment demand for gold is on the rise, according to Neils Christensen, an analyst at Kitco News.

The $2,800/ounce level acts as an important support level, coinciding with the 50-day EMA. This is also a psychological level, as it was previously a resistance zone. If gold holds above this level, the upward momentum could continue in the coming time.

The market’s immediate target is $3,000 an ounce, but it appears that gold prices are facing some obstacles, which could cause the market to fluctuate wildly in the short term. However, with concerns about tariffs and geopolitical tensions, demand for gold remains strong.

The main trend of gold prices is still up, and the market has not shown any signs of a major change. Therefore, instead of looking for opportunities to sell, investors are waiting to see whether gold will consolidate around the current price range or continue to break out more strongly. With the upward momentum still in place, the market momentum is still tilted towards buyers.

Major investment firms such as WisdomTree and Goldman Sachs agree that, while gold may fall in the short term, it is still possible for the price of gold to hit $3,000 an ounce this year.

Another sign of investor interest came from a report from BMO Capital Markets, which found that gold and copper were the two most-watched commodities at the bank’s mining conference, while silver was a much lower-ranked third.

While gold may still face some short-term risks, it is important to focus on the long-term outlook for the market. Overall, as a hedge against economic uncertainty, gold remains a worthwhile investment.

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Gold price today March 4, 2025: World and domestic gold prices rebound
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