Gold price update morning of March 19: Free fall of more than 137 USD/ounce

Khương Duy |

Gold price update morning of March 19: World gold last night fell sharply, losing the 4,900 USD/ounce mark

SJC gold bar price

As of 6:00 AM on March 19, SJC gold bar prices were listed by DOJI Group at 180-183 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Diễn biến giá vàng SJC những phiên giao dịch gần đây. Biểu đồ: Khương Duy
SJC gold price movements in recent trading sessions. Chart: Khuong Duy

SJC gold bar price is listed by Bao Tin Minh Chau at 180-183 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Phu Quy Jewelry Group listed SJC gold bar prices at 180-183 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Giá vàng miếng SJC tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Bảng: Khương Duy
SJC gold bar price at some business units. Unit: VND/tael. Table: Khuong Duy

9999 gold ring price

As of 6:00 AM on March 19, DOJI Group listed the price of gold rings at 180-183 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Diễn biến giá vàng nhẫn những phiên giao dịch gần đây. Biểu đồ: Khương Duy
Gold ring price movements in recent trading sessions. Chart: Khuong Duy

Bao Tin Minh Chau listed the price of gold rings at the threshold of 179.2-182.2 million VND/tael (buying - selling), down 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Phu Quy Gold and Gems Group listed the price of gold rings at 179.5-182.5 million VND/tael (buying - selling), down 300,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Currently, the buying - selling price difference of gold is at a very high level, around 3 million VND/tael, posing a risk of losses for investors.

Giá vàng nhẫn trơn tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Bảng: Khương Duy
Price of plain gold rings at some business units. Unit: VND/tael. Table: Khuong Duy

World gold price

At 11:08 PM on March 18, world gold prices were listed around the threshold of 4,867.5 USD/ounce, down 137.3 USD/ounce compared to the previous day.

Diễn biến giá vàng thế giới những phiên giao dịch gần đây. Biểu đồ: Khương Duy
Developments in world gold prices in recent trading sessions. Chart: Khuong Duy

Gold price forecast

World gold prices are under strong downward pressure after US inflation data is higher than expected, raising concerns about a tightening monetary policy trend in the near future.

The US producer price index (PPI) in February 2026 increased by 0.7% compared to the previous month, significantly higher than the forecast of 0.3% and also the strongest increase in the past 7 months. Year-on-year, manufacturing inflation increased to 3.4% - the highest level in a year.

This development makes the market worried that inflationary pressure has not cooled down as expected, forcing the US Federal Reserve (Fed) to maintain a cautious monetary policy, even extending the time to keep interest rates at a high level. The rising USD along with the 10-year US government bond yield maintained around 4.2% is putting significant pressure on gold prices.

In addition, crude oil prices increased to nearly 99 USD/barrel amid escalating geopolitical tensions in the Middle East, also increasing the risk of global inflation. These factors make cash flow tend to shift to better profitable assets, instead of holding gold - which does not yield interest.

The market is currently waiting for Fed Chairman Jerome Powell's statement to have more clues about policy direction in the near future. Investors are particularly interested in the Fed's assessment of the impact of geopolitical conflicts and newly released inflation data.

Technically, gold prices are still in a short-term correction trend as they cannot overcome the important resistance level of 5,000 USD/ounce. The nearest support level is determined around 4,800 USD/ounce, while the stronger support zone is at 4,670 USD/ounce. If gold prices break these support levels, the downward trend may continue in the short term.

In the current context, gold prices are forecast to continue to fluctuate strongly and bear downward pressure in the short term, as the market continues to closely monitor signals from US monetary policy and global geopolitical developments.

Gold price data is compared to the previous day.

See more news related to gold prices HERE...

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