Gold prices this afternoon, December 30, 2024: Declining across the board.
Gold prices this afternoon, December 30, 2024, in the domestic market simultaneously decreased by 200,000 VND/ounce for both buying and selling.
Domestic gold prices this afternoon, December 30, 2024
As of 2 PM, the gold prices were listed as follows:
SJC gold in Hanoi and Da Nang: Buying price 82.5 million VND/ounce - selling price 84.5 million VND/ounce (down 200,000 VND/ounce for both buying and selling prices).
Phu Quy SJC Gold: Buying price 82.6 million VND/ounce (down 100,000 VND/ounce) - Selling price 84.5 million VND/ounce (down 200,000 VND/ounce).
DOJI gold prices in Hanoi and Ho Chi Minh City: Buying price 82.5 million VND/ounce - selling price 84.5 million VND/ounce (down 200,000 VND/ounce for both buying and selling prices).
At Bao Tin Minh Chau Co., Ltd., SJC gold bars are being traded at 82.5 million VND/ounce for buying and 84.5 million VND/ounce for selling (a decrease of 200,000 VND/ounce in both buying and selling prices). Plain gold rings are being traded at 82.9 million VND/ounce for buying and 84.5 million VND/ounce for selling (a decrease of 200,000 VND/ounce in both buying and selling prices).
PNJ gold in Ho Chi Minh City and Hanoi: Buying price 83.6 million VND/ounce - selling price 84.5 million VND/ounce (down 200,000 VND/ounce for both buying and selling prices).
Thus, the price of gold bars and gold rings in the domestic market, as of 2 PM today, December 30, 2024, has decreased slightly by 200,000 VND/ounce for both buying and selling prices.
| Today (December 30, 2024) | Yesterday (December 29, 2024) | |||
| SJC | 82,500▼200 | 84,500▼200 | 82,700 | 84,700 |
| DOJI HN | 82,500▼200 | 84,500▼200 | 82,700 | 84,700 |
| DOJI SG | 82,500▼200 | 84,500▼200 | 82,700 | 84,700 |
| BTMC SJC | 82,500▼200 | 84,500▼200 | 82,700 | 84,700 |
| Phu Quy SJC | 82,600▼100 | 84,500▼200 | 82,700 | 84,700 |
| PNJ Ho Chi Minh City | 83,600▼200 | 84,500▼200 | 83,800 | 84,700 |
| PNJ Hanoi | 83,600▼200 | 84,500▼200 | 83,800 | 84,700 |
World gold prices this afternoon, December 27, 2024
On the global gold market, the spot gold price closed the weekend session in the US down $11.8 to $2,622 per ounce. In the Asian session this morning, the price reversed course and rose slightly by $2 to $2,624 per ounce.
Gold futures for February 2025 delivery on the Comex New York exchange fell $22, or 0.83%, to $2,631.9 per ounce at the end of last week.
According to some market analysts, gold volume and price are expected to trade within a narrow range during the final week of 2024.
Furthermore, during this period, policy expectations from the administration of US President-elect Donald Trump also contributed to a cautious sentiment in the gold market. Investors awaited Trump's economic policies and the Federal Reserve's interest rate direction, which are expected to significantly impact the outlook for gold prices in 2025.
According to Fawad Razaqzada, a market analyst at City Index, monetary policy is likely to remain tight into early 2025, potentially supporting bond yields and the US dollar – two factors that typically work against the appeal of gold.
