Gold price update on the afternoon of March 13th: Gold rings surge to a peak of 95 million VND.
Gold price update, afternoon of March 13th: Prices rise sharply across the board. Domestic gold prices break all-time highs. Gold rings surpass previous highs, reaching 95 million VND.
Updated SJC gold prices
As of 3:30 PM, the price of SJC gold bars, as listed by Saigon Jewelry Company (SJC), was 92.9-94.4 million VND/ounce (buy-sell), a sharp increase of 1.1 million VND/ounce for buying and 900,000 VND/ounce for selling. The difference between the buying and selling price was 1.5 million VND/ounce.
At the same time, the price of SJC gold bars listed by DOJI Group was 92.9-94.4 million VND/ounce (buying price - selling price), a sharp increase of 1.1 million VND/ounce for the buying price and 900,000 VND/ounce for the selling price. The difference between the buying and selling price was 1.0 million VND/ounce.
Meanwhile, Bao Tin Minh Chau listed SJC gold bars at 93-94.4 million VND/ounce (buying price - selling price), an increase of 1 million VND/ounce for the buying price and 900,000 VND/ounce for the selling price. The difference between the buying and selling price of SJC gold is listed at 1.4 million VND/ounce.
Price of 9999 pure gold ring
As of 3:30 PM today, the price of 9999 Hung Thinh Vuong gold rings at DOJI is listed at 93.4-94.9 million VND/ounce (buying price - selling price); an increase of 800,000 VND/ounce in the buying price and an increase of 900,000 VND/ounce in the selling price. The difference between the buying and selling price is listed at 1.5 million VND/ounce.
Bao Tin Minh Chau listed the price of gold rings at 93.4-95 million VND/ounce (buying price - selling price); an increase of 850,000 VND/ounce for the buying price and an increase of 900,000 VND/ounce for the selling price. The difference between the buying and selling price is 1.6 million VND/ounce.
Amidst soaring global gold prices, domestic gold ring prices surged, reaching a new high of 95 million VND per tael as the market entered this afternoon's trading session.
The latest gold price list for today, March 13, 2025, is as follows:
| Today (March 13, 2025) | Yesterday (March 12, 2025) | |||
| Purchase price | Selling price | Purchase price | Selling price | |
| SJC | 92,900 1100 | 94,400900 | 91,800 | 93,500 |
| DOJI HN | 92,9001100 | 94,400900 | 91,800 | 93,500 |
| DOJI SG | 92,9001100 | 94,400900 | 91,800 | 93,500 |
| BTMC SJC | 93,0001000 | 94,400900 | 92,000 | 93,500 |
| Phu Quy SJC | 93,0001000 | 94,400900 | 92,000 | 93,500 |
| PNJ Ho Chi Minh City | 93,3001000 | 94,800900 | 92,300 | 93,900 |
| PNJ Hanoi | 93,3001000 | 94,800900 | 92,300 | 93,900 |
| 1.DOJI- Updated: March 13, 2025, 3:30 PM - Website time of the supplier - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 92,900▲1100K | 94,400900K |
| AVPL/SJC HCM | 92,900▲1100K | 94,400900K |
| AVPL/SJC DN | 92,900▲1100K | 94,400900K |
| Ingredients 9999 - HN | 93,400800K | 94,000900K |
| Ingredients 999 - HN | 93,300800K | 93,900900K |
| AVPL/SJC Can Tho | 92,900▲1100K | 94,400900K |
| 2.PNJ- Updated: March 13, 2025, 3:30 PM - Website time of the supplier - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| Ho Chi Minh City - PNJ | 93,300▲1000K | 94,800900K |
| Ho Chi Minh City - SJC | 92,900▲1100K | 94,400900K |
| Hanoi - PNJ | 93,300▲1000K | 94,800900K |
| Hanoi - SJC | 92,900▲1100K | 94,400900K |
| Da Nang - PNJ | 93,300▲1000K | 94,800900K |
| Da Nang - SJC | 92,900▲1100K | 94,400900K |
| Western Region - PNJ | 93,300▲1000K | 94,800900K |
| Western Region - SJC | 92,900▲1100K | 94,400900K |
| Gold jewelry prices - PNJ | 93,300▲1000K | 94,800900K |
| Gold jewelry prices - SJC | 92,900▲1100K | 94,400900K |
| Gold jewelry prices - Southeast Vietnam | PNJ | 93,300▲1000K |
| Gold jewelry prices - SJC | 92,900▲1100K | 94,400900K |
| Gold jewelry prices - Gold jewelry prices | PNJ Plain Ring 999.9 | 93,300▲1000K |
| Gold jewelry prices - 999.9 gold jewelry | 92,200900K | 94,700900K |
| Gold jewelry prices - 999 gold jewelry | 92,110900K | 94,610900K |
| Gold jewelry prices - 99% pure gold jewelry | 91,350890K | 93,850890K |
| Jewelry gold prices - 916 (22K) gold | 84,350▲830K | 86,850▲830K |
| Jewelry gold price - 750 (18K) gold | 68,680680K | 71,180680K |
| Jewelry gold price - 680 gold (16.3K) | 62,050620K | 64,550620K |
| Jewelry gold price - 650 gold (15.6K) | 59,210590K | 61,710590K |
| Jewelry gold price - 610 gold (14.6K) | 55,420550K | 57,920550K |
| Jewelry gold prices - 585 Gold (14K) | 53,050530K | 55,550530K |
| Jewelry gold price - 416 Gold (10K) | 37,050380K | 39,550380K |
| Jewelry gold price - 375 (9K) gold | 33,160▲330K | 35,660▲330K |
| Jewelry gold price - 333 Gold (8K) | 28,900300K | 31,400300K |
| 3. SJC - Update: March 13, 2025, 3:30 PM - Time on source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC 1L, 10L, 1KG | 92,900▲1100K | 94,400900K |
| SJC 5c | 92,900▲1100K | 94,420900K |
| SJC 2c, 1C, 5 phân | 92,900▲1100K | 94,430900K |
| SJC 99.99 gold rings, 1 tael, 2 taels, 5 taels. | 92,900▲1100K | 94,300900K |
| SJC 99.99 gold rings, 0.3 tael, 0.5 tael | 92,900▲1100K | 94,400900K |
| 99.99% Authentic Jewelry | 92,900▲1100K | 94,000900K |
| 99% Jewelry | 90,069▲891K | 93,069▲891K |
| Jewelry 68% | 61,076▲612K | 64,076▲612K |
| Jewelry 41.7% | 36,351375K | 39,351375K |
World gold prices
As of 3:30 PM, the world gold price listed on Kitco was at $2,943.13 per ounce, an increase of $24.14 per ounce compared to the same time in the previous session.
Global gold prices rose sharply despite a decline in the US dollar. As of 6:30 AM on March 13th, the US Dollar Index, which measures the fluctuations of the US dollar against six major currencies, reached 103.550 points, up 0.27%.
Gold prices hit a two-week high, boosted by a US inflation report showing a lower-than-expected consumer price index (CPI). Demand for safe-haven assets like gold and silver remains strong due to concerns that global trade tensions could slow economic growth.
Gold futures for April delivery rose $20.40 to $2,941.30 per ounce, while silver futures for May delivery gained $0.538 to $33.68 per ounce.
The US CPI report for February showed the consumer price index rose 2.8% year-on-year, lower than the predicted 2.9%. The producer price index (PPI) report was expected to rise 0.3% for the month, lower than the 0.4% increase in January. Following the release of the CPI data, the US dollar largely reversed its gains from the previous session.
US stock indices recovered in midday trading but remained below their intraday highs, pressured by earlier sell-offs. Investors remain concerned about the ongoing changes in US tariff policy and potential retaliatory measures from trading partners.
WTI crude oil prices on the Nymex exchange rose, trading around $67.75 per barrel. The yield on 10-year US Treasury bonds was at 4.3%.
Gold price forecast
Technically, the April gold futures price indicates that buyers remain in control in the short term, aiming to push the price above the resistance level of $2,974 per ounce. Sellers are targeting a move below the support level of $2,844.1 per ounce.
Gold's nearest resistance is at $2,950 per ounce, followed by $2,974 per ounce. Meanwhile, key support levels are at $2,911 per ounce and $2,900 per ounce.
Some experts believe that although gold prices may not rise sharply immediately after the inflation data is released, they still have the potential to increase rapidly in the near future. Neils Christensen from Kitco predicts that current inflation levels could push the spot price of gold to $3,000 per ounce.
Besides inflation, the gold market is also heavily impacted by trade tensions. Europe's retaliatory tariffs following the US tariffs on steel and aluminum have raised investor concerns about the risk of escalating trade tensions.
Investors are also awaiting a call between US President Donald Trump and Russian President Putin regarding a 30-day ceasefire between Russia and Ukraine. If geopolitical tensions ease, gold may lose its upward momentum.