Gold price this afternoon 11/22/2024 increased sharply in response to Bitcoin price increase

Domestic gold price this afternoon November 22, 2024

Domestic gold prices increased both in buying and selling this afternoon, November 22. Investors put their trust in gold rings and earned millions of dong per tael after only 5 trading sessions.

At the time of survey at 2:00 p.m., the price of SJC gold was recorded at 85 million VND/tael for buying, an increase of 1.3 million VND compared to yesterday. The selling price reached 87 million VND/tael, an increase of 800 thousand VND. The difference between buying and selling prices was 2 million VND/tael.

DOJI gold prices also recorded a similar increase. The buying price reached 84.7 million VND/tael, an increase of 1 million VND, while the selling price was 86.7 million VND/tael, an increase of 500 thousand VND. The difference between the buying and selling prices here was also 2 million VND.

For PNJ gold, the buying price reached 84.7 million VND/tael, an increase of 1 million VND. The selling price was 86.7 million VND/tael, an increase of 500 thousand VND, with a difference of 2 million VND between the two directions.

At Bao Tin Minh Chau brand, the buying price today increased by 1 million VND, reaching 85 million VND/tael, while the selling price increased by 500 thousand VND, at 86.7 million VND/tael.

Phu Quy Gold and Silver Company also recorded a similar increase with the buying price reaching 84.9 million VND/tael (up 1 million VND) and the selling price reaching 86.7 million VND/tael (up 500 thousand VND).

In general, domestic gold prices this afternoon increased sharply in most brands, with the difference between buying and selling prices depending on each company.

	Today (November 22, 2024)		Yesterday (November 21, 2024)
	Purchase price	Selling price	Purchase price	Selling price
SJC	85,000 1300	87,000 800	83,700	86,200
DOJI HN	84,700 1000	86,700 500	83,700	86,200
DOJI SG	84,700 1000	86,700 500	83,700	86,200
BTMC SJC	85,000 1000	86,700 500	84,000	86,200
Phu Quy SJC	84,900 1000	86,700 500	83,900	86,200
PNJ HCMC	85,200 600	86,200 600	84,600	85,600

International gold price this afternoon November 22, 2024

In the international market, gold has climbed to its highest level in the past 2 weeks, reaching 2,679 USD per ounce. This increase in price mainly comes from the need to find safe havens when the geopolitical situation, especially the Russia-Ukraine conflict, becomes more tense.

In addition, the US stock market also fell when Nvidia, a major chip company, announced a lower-than-expected fourth-quarter revenue forecast. This caused many investors to turn to gold as a safe haven. Gold was also supported by the strong rise in the price of Bitcoin, with the price of this currency approaching $ 100,000.

Market analysts predict that gold may continue to rise to $2,700 per ounce if this upward momentum continues. Along with that, important US economic indicators such as GDP and PCE will greatly affect gold prices in the coming time. According to current trends, gold prices may reach a target of $2,690 to $2,715 per ounce in the coming time.