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Reversal of recovery and strong increase

Báo Công thươngBáo Công thương04/03/2025

Gold prices today, March 4, 2025; latest domestic and international gold prices; price fluctuations of SJC, 9999, 24k, and 18k gold from PNJ and DOJI during the day; gold price forecast.


Gold price today, March 4, 2025: Gold prices rose more than 1% after falling to a three-week low in the previous session, driven by a weaker dollar and safe-haven buying amid concerns about US President Donald Trump's tariff policies.

Gold price today, March 4, 2025

As of 4:00 AM on March 4, 2025, the price of gold on the exchanges of several companies was as follows:

At Saigon Jewelry Company (SJC) and DOJI Group, the price of gold bars is listed at 89 million VND/ounce (buying price) and 91 million VND/ounce (selling price). This afternoon, the price of gold increased by 500,000 VND/ounce in both buying and selling directions compared to the close of yesterday's trading session.

DOJI's system listed SJC gold at a buying price of 89 million VND/ounce and a selling price of 91 million VND/ounce. This price increased by 500,000 VND/ounce in both buying and selling directions compared to yesterday.

At Mi Hong Gold and Gemstone Company, the buying price of SJC gold is 90.4 million VND/ounce and the selling price is 91 million VND/ounce. Thus, compared to yesterday's session, the gold price remains unchanged in both buying and selling directions.

Bao Tin Minh Chau Co., Ltd. listed the price of SJC gold at 89.3 million VND/ounce (buying price) and 91 million VND/ounce (selling price). This price increased by 500,000 VND/ounce in both buying and selling directions compared to yesterday.

Giá vàng hôm nay 04/03/2025
Gold price today, March 4, 2025. Photo: PC

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

Gold price today March 4, 2025
(Million VND)
Difference
(thousand dong/ounce)
Buy Sell Buy Sell
SJC in Hanoi 89 91 +500 +500
DOJI Group 89 91 +500 +500
Mi Hong 90.4 91 But +500
PNJ 90.1 93.1 But But
Vietcombank Gold 91 +100
Bao Tin Minh Chau 89.3 91 +500 +500
Phu Quy 89.3 91 +600 +500
1. DOJI - Updated: 04/03/2025 09:03 - Website time of supply - / Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 89,600 ▲600K 91,600 ▲600K
AVPL/SJC HCM 89,600 ▲600K 91,600 ▲600K
AVPL/SJC DN 89,600 ▲600K 91,600 ▲600K
Raw materials 9999 - HN 91,200 ▲550K 91,600 ▲700K
Ingredients 999 - HN 91,100 ▲550K 91,500 ▲700K
AVPL/SJC Can Tho 89,600 ▲600K 91,600 ▲600K
2. PNJ - Updated: 01/01/1970 08:00 - Website time of source - / Compared to yesterday.
Type Buy Sell
Ho Chi Minh City - PNJ 91,000 ▲1,000K 92.100 ▲1100K
Ho Chi Minh City - SJC 89,600 ▲600K 91,600 ▲600K
Hanoi - PNJ 91,000 ▲1,000K 92.100 ▲1100K
Hanoi - SJC 89,600 ▲600K 91,600 ▲600K
Da Nang - PNJ 91,000 ▲1,000K 92.100 ▲1100K
Da Nang - SJC 89,600 ▲600K 91,600 ▲600K
Western Region - PNJ 91,000 ▲1,000K 92.100 ▲1100K
Western Region - SJC 89,600 ▲600K 91,600 ▲600K
Gold jewelry prices - PNJ 91,000 ▲1,000K 92.100 ▲1100K
Gold jewelry prices - SJC 89,600 ▲600K 91,600 ▲600K
Gold jewelry prices - Southeast Vietnam PNJ 91,000 ▲1,000K
Gold jewelry prices - SJC 89,600 ▲600K 91,600 ▲600K
Gold jewelry prices - Gold jewelry prices PNJ Plain Ring 999.9 91,000 ▲1,000K
Gold jewelry prices - 999.9 gold jewelry 89,500 ▲1100K 92,000 ▲1100K
Gold jewelry prices - 999 gold jewelry 89,410 ▲1100K 91,910 ▲1100K
Gold jewelry prices - 99% pure gold jewelry 88,680 ▲1090K 91,180 ▲1090K
Jewelry gold price - 916 (22K) gold 81,870 ▲1010K 84,370 ▲1010K
Jewelry gold price - 750 (18K) gold 66,650 ▲820K 69,150 ▲820K
Jewelry gold price - 680 gold (16.3K) 60,210 ▲750K 62,710 ▲750K
Jewelry gold price - 650 gold (15.6K) 57,450 ▲710K 59,950 ▲710K
Jewelry gold price - 610 gold (14.6K) 53,770 ▲670K 56,270 ▲670K
Jewelry gold prices - 585 Gold (14K) 51,470 ▲640K 53,970 ▲640K
Jewelry gold price - 416 Gold (10K) 35,920 ▲460K 38,420 ▲460K
Jewelry gold price - 375 (9K) gold 32,150 ▲410K 34,650 ▲410K
Jewelry gold price - 333 Gold (8K) 28,010 ▲360K 30,510 ▲360K
3. AJC - Update: 04/03/2025 00:00 - Time on source website - / Compared to yesterday.
Type Buy Sell
99.99 Jewelry 9,030 ▲60K 9,230 ▲60K
99.9% Jewelry 9,020 ▲60K 9,220 ▲60K
NL 99.99 9,030 ▲60K
Round rings, not blister-packed, T.Binh 9,020 ▲60K
N.Tron, 3A, D.Vang T.Binh 9,120 ▲60K 9,240 ▲60K
N.Tron, 3A, D.Vang N.An 9,120 ▲60K 9,240 ▲60K
N.Tron, 3A, Vang Street, Hanoi 9,120 ▲60K 9,240 ▲60K
SJC Thai Binh gold 8,980 ▲80K 9,160 ▲60K
SJC Nghe An 8,980 ▲80K 9,160 ▲60K
SJC Hanoi 8,980 ▲80K 9,160 ▲60K

World gold price today, March 4, 2025, and chart of world gold price fluctuations over the past 24 hours.

According to Kitco, the spot price of gold in the world market at 4:00 AM Vietnam time today was $2,891.54 USD/ounce. Today's gold price increased by 1.19% compared to yesterday. Converted using the USD exchange rate on the free market (25,752 VND/USD), the world gold price is approximately 89.7 million VND/ounce (excluding taxes and fees). Thus, the price of SJC gold bars is currently 1.3 million VND/ounce higher than the international gold price.

Giá vàng hôm nay 04/03/2025:
World gold price movements over the past 24 hours.

Gold prices rose more than 1% on Monday after falling to a three-week low in the previous session, driven by a weaker dollar and safe-haven buying amid concerns about US President Donald Trump's tariff policies.

Spot gold rose 1.1% to $2,891.29 per ounce as of 11:54 a.m. Eastern time (1654 GMT). US gold futures rose 1.9% to $2,902.30.

Daniel Pavilonis, senior market strategist at RJO Futures, said: "I think we're ultimately in a very bullish market and gold prices could go much higher than $3,000... with tariffs and the possibility of retaliation, I still think central banks will step in and buy."

The US dollar index (.DXY) fell more than 1%, moving away from its more than two-week high reached in the previous session, reflecting weakness that makes dollar-denominated gold cheaper for buyers holding other currencies.

Trump is expected to decide on Monday what tariffs he will impose, effective Tuesday morning, on imports from Canada and Mexico. He had announced a 25% tariff on imports from these two countries, but that order was suspended for a month and is set to expire on Tuesday.

Last week, Trump threatened China with an additional 10% tariff, effective Tuesday, bringing the total tariff to 20%.

Investors' attention is also shifting to the ADP jobs report, expected to be released on Wednesday, and the US non-farm payrolls report, expected to be released on Friday, for further information on the Federal Reserve's monetary policy.

Expectations surrounding the Fed, which has kept interest rates unchanged since December, are currently uncertain ahead of the data release.

Although widely regarded as a hedge against geopolitical and economic instability, non-yielding gold will become less attractive to investors as interest rates rise.

Spot silver prices rose 1.9% to $31.75 per ounce, platinum prices increased 0.8% to $954.60, and palladium prices rose 3.1% to $947.75.

UBS analysts said in a note: "We see potential for stronger gains in silver prices as gold rises and global industrial output signals a modest recovery."

Here are some recommended addresses for popular gold shops in Hanoi:

1. Bao Tin Minh Chau - 15-29 Tran Nhan Tong Street, Bui Thi Xuan Ward, Hai Ba Trung District, Hanoi

2. DOJI Gold, Silver and Gemstone Company - 5 Le Duan Street, Dien Bien Ward, Ba Dinh District, Hanoi

3. SJC chain of stores in the Northern region - 18 Tran Nhan Tong Street, Nguyen Du Ward, Hai Ba Trung District, Hanoi City

4. PNJ chain store in Northern Vietnam - 222 Tran Duy Hung, Trung Hoa Ward, Cau Giay District, Hanoi

5. Phu Quy Gold and Silver - 30 Tran Nhan Tong Street, Hai Ba Trung District, Hanoi

6. Ngoc Anh Gold and Silver Shop – 47 Lo Duc Street, Pham Dinh Ho Ward, Hai Ba Trung District, Hanoi

7. Quy Tung Gold Shop – 102 Khuong Dinh Street, Thanh Xuan District, Hanoi

8. Bao Tin Lan Vy - 84A Tran Duy Hung Street, Cau Giay District, Hanoi

9. Hoang Anh Gold and Silver Shop – 43 Thai Thinh Street, Dong Da District, Hanoi

10. Huy Thanh Jewelry - No. 23/100 (formerly: No. 30A, Lane 8), Doi Can Street, Ba Dinh District, Hanoi

Here are some recommended addresses of popular gold shops in Ho Chi Minh City:

1. Mi Hong Gold Shop - 306 Bui Huu Nghia Street, Ward 2, Binh Thanh District, Ho Chi Minh City

2. Kim Ngoc Thuy Gold Shop - 466 Hai Ba Trung Street, Tan Dinh Ward, District 1, Ho Chi Minh City

3. Saigon Gold, Silver and Gemstone Company Limited - 418-420 Nguyen Thi Minh Khai Street, Ward 5, District 3, Ho Chi Minh City

4. Tan Tien Gold, Silver and Gemstones - 161 Hanoi Highway, Thao Dien Ward, District 2, Ho Chi Minh City

5. Gold, Silver, Gemstones, and Jade - No. 161 Hanoi Highway, Thao Dien Ward, District 2, Ho Chi Minh City

6. Kim Thanh Thao Gold Shop - 209 Tan Huong Street, Tan Quy Ward, Tan Phu District, Ho Chi Minh City

7. Kim Thanh Nam Gold Shop - 81A Nguyen Duy Trinh Street, Binh Trung Tay Ward, District 2, Ho Chi Minh City

8. Kim Mai Gold Shop - 84C Cong Quynh Street, Pham Ngu Lao Ward, District 1, Ho Chi Minh City

9. PNJ chain store in Southern Vietnam - Booth R011838, Ground floor, Diamond Plaza Shopping Center, 34 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City

10. DOJI Gold, Silver and Gemstone Company – 81-85 Ham Nghi Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City

Gold price update at Phu Quy at 09:40 on March 4, 2025
Type of gold

Buy

(VND/Only)

Sell

(VND/Only)

Price of Phu Quy Round Gold Rings 9,090,000 9,230,000

SJC Gold Bar Price

8,980,000 9,160,000


Source: https://congthuong.vn/gia-vang-hom-nay-04032025-dao-chieu-phuc-hoi-va-tang-manh-376636.html

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