Updated gold price at the end of session 22.3: Experts make surprising predictions

Updated SJC gold price

As of 5:45 p.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND94.4-97.4 million/tael (buy in - sell out), down VND300,000/tael for both buying and selling. The difference between buying and selling prices is at 3 million VND/tael.

At the same time, the price of SJC gold bars was listed by DOJI Group at VND94.4-97.4 million/tael (buy - sell), down VND300,000/tael for both buying and selling. The difference between buying and selling prices is at 3 million VND/tael.

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at VND94.8-97.4 million/tael (buy - sell), down VND400,000/tael for buying and down VND300,000/tael for selling. The difference between buying and selling prices is at 2.6 million VND/tael.

9999 round gold ring price

As of 5:45 p.m. today, the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at VND95.6-98.2 million/tael (buy in - sell out); down VND200,000/tael for both buying and selling. The difference between buying and selling is listed at 2.6 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 96.1-98.6 million VND/tael (buy - sell); down 300,000 VND/tael for both buying and selling. The difference between buying and selling is 2.5 million VND/tael.

World gold price

As of 5:45 p.m., the world gold price was listed at 3,023.4 USD/ounce, unchanged.

Gold price forecast

World gold prices fell amid an increase in the USD. Recorded at 5:45 p.m. on March 22, the US Dollar Index measuring the fluctuations of the greenback against 6 major currencies was at 103.740 points (up 0.24%).

The results of Kitco News' weekly gold survey show a change in the attitude of industry experts and retail investors towards gold price prospects, with fewer people predicting gold prices to increase next week.

This week, 18 analysts participated in the Kitco News gold survey, with Wall Street's mentality returning to more balanced allocation. Seven experts, or 39%, predict gold prices will continue to rise next week. While five analysts, or 28%, predict gold prices will fall. The remaining six experts, accounting for 40% of the total, see gold prices remaining stable.

Meanwhile, 372 votes were cast in Kitco's online survey, a record high for 2025. Optimism also decreased compared to last week. 220 retail investors, accounting for 59%, expect gold prices to rise next week, while 82 others, accounting for 22%, expect gold prices to fall. The remaining 70 investors, accounting for 19%, predict gold prices will move sideways next week.

Some important economic data will be released next week, including S&P Global's manufacturing and services PMI on Monday and the US consumer confidence index on Tuesday, which will give the market a clearer view of the US economic trend.

However, the most important data for investors will be the US Federal Reserve's priority inflation index, the core personal consumption expenditure (PCE) index on Friday morning.

Other notable figures include new home sales on Tuesday, long-term orders on Wednesday, and pending home sales, weekly unemployment and Q4 GDP US figures on Thursday.

In an interview with Kitco News, Rob Haworth - Senior Strategist at U.S. Bank Wealth Management (USBWM) said its team has discussed gold more in the past 6 months than at any time in history. However, he also said that the risk for gold is not only that market instability must be maintained but also that it must be escalated to support higher gold prices.

Haworth said that with a price of $3,000/ounce, he predicted that the gold market reflected a lot of bad news about the global economy and the USD.

There is reason to say that economic instability will remain high, but at some point it will stabilize. There will be a rebalancing in trade and a decrease in global trade, but markets will adjust.

As we get past the peak of uncertainty, we need to face inflation as a major problem or as a continued weakness of the US dollar, he said.