Gold price this afternoon December 23: Gold price increased by more than half a million dong

Domestic gold price this afternoon December 23, 2024

As of 2:00 p.m. on December 23, 2024, the price of gold bars at SJC was listed at VND 82.3 million (buy) and VND 84.3 million (sell), an increase of VND 700,000 per tael compared to the end of last week. Major banks such as Vietcombank and BIDV also adjusted the price of gold bars to VND 84.3 million.

Similarly, plain gold rings also recorded an increase of half a million VND/tael. At SJC, the price of plain rings was traded in the range of 82.3 - 84.1 million VND. DOJI and PNJ also simultaneously increased their buying and selling prices, fluctuating around 83.3 - 84.3 million VND/tael.

	Today (December 23, 2024)		Yesterday (December 22, 2024)
	Purchase price	Selling price	Purchase price	Selling price
SJC	82,500 700	84,500 700	81,800	83,800
DOJI Hanoi	82,300 100	84,300 100	82,400	84,400
DOJI SG	82,300 100	84,300 100	82,400	84,400
BTMC SJC	82,300 100	84,300 100	82,400	84,400
Phu Quy SJC	82,400	84,300 100	82,400	84,400
PNJ HCMC	83,400	84,300 100	83,400	84,400
PNJ Hanoi	83,400	84,300 100	83,400	84,400

World gold price this afternoon December 20, 2024

In the international market, the gold price is currently at 2,630.68 USD/ounce, up 9.09 USD compared to the end of last week. Converted to VND according to Vietcombank exchange rate, the world gold price is about 3.5 million VND/tael lower than the domestic price.

However, due to the Christmas and New Year 2025 holiday season, international markets are expected to remain volatile in the coming days.

Gold price movements are shaped by a variety of factors. After Donald Trump won the US presidential election, the US dollar rose sharply, making gold less attractive. At the same time, many investors were influenced by profit-taking, believing that current prices reflected market expectations. In addition, the rising US dollar also caused many investors to shift capital to stocks and treasury bonds, reducing demand for gold.

According to the World Gold Council (WGC), gold prices in 2025 are forecast to increase more slowly due to the impact of interest rate policies and economic and political fluctuations. In the medium and long term, gold prices are expected to reach $3,000/ounce by the end of 2025, up 13% from the current level.