Gold price today January 4, 2025: World gold price and domestic gold price both increased
Gold price today January 4, 2025: World gold prices approached a three-week high, thanks to a weakening USD and money flowing into other assets. Also increasing, domestic gold prices reached a half-month peak with 85.5 million VND/tael sold.
Gold price today 01/04/2025
At the time of survey at 4:30 a.m. on January 4, 2025, the gold price on the trading floors of some companies was listed as follows:
The price of SJC gold listed by Saigon Jewelry Company (SJC) is 84-85.5, an increase of 500 thousand VND/tael compared to yesterday. The difference between the buying and selling price is 1.5 million VND.
DOJI listed the price of 9999 gold today at 84 million VND/tael for buying and 85.5 million VND/tael for selling, an increase of 500 thousand VND/tael compared to the closing price of yesterday's trading session. The difference between the buying price and the selling price is 1.5 million VND.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 84.9-85.5 million VND/tael for buying and selling. Compared to yesterday, the price of SJC gold bars increased by 500 thousand VND for both buying and selling.
SJC gold price at Bao Tin Minh Chau Company Limited is currently trading at 84 million VND/tael, selling at 85.5 million VND/tael, an increase of 500 thousand VND per tael compared to yesterday.
The price of gold rings continues to increase significantly. The highest selling price of 9999 plain gold rings is 85.8 million VND at BTMC and BTMH, an increase of 800 thousand VND compared to yesterday. Meanwhile, the lowest selling price is 84.8 million VND/tael at Kim Gia Bao rings, an increase of 600 thousand VND.
Jewelry gold recorded the highest selling price of 85.6 million VND for 9999 Rong Thang Long gold jewelry, with an increase of 700 thousand VND. The lowest selling price belonged to 68% SJC jewelry gold, traded at over 58 million VND, an increase of 340 thousand VND. The highest selling price increase was 600 thousand VND, recorded for PNJ 9999 gold jewelry products and PNJ 24K gold jewelry.
The latest gold price list today, January 4, 2025 is as follows:
| Gold price today | January 4, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 84 | 85.5 | +500 | +500 |
| DOJI Group | 84 | 85.5 | +500 | +500 |
| Red Eyelashes | 84.9 | 85.5 | +500 | +500 |
| PNJ | 84 | 85.5 | +500 | +500 |
| Vietinbank Gold | 85.5 | +500 | ||
| Bao Tin Minh Chau | 84 | 85.5 | +500 | +500 |
| Bao Tin Manh Hai | 84 | 85.5 | +500 | +500 |
| 1.DOJI- Updated: 04/01/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 84,000▲500K | 85,500▲500K |
| AVPL/SJC HCM | 84,000▲500K | 85,500▲500K |
| AVPL/SJC DN | 84,000▲500K | 85,500▲500K |
| Raw material 9999 - HN | 84,450▲450K | 84,800▲400K |
| Raw material 999 - HN | 84,350▲450K | 84,700▲400K |
| AVPL/SJC Can Tho | 84,000▲500K | 85,500▲500K |
| 2.PNJ- Updated: 04/01/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 84,400▲500K | 85,500▲500K |
| HCMC - SJC | 84,000▲500K | 85,500▲500K |
| Hanoi - PNJ | 84,400▲500K | 85,500▲500K |
| Hanoi - SJC | 84,000▲500K | 85,500▲500K |
| Da Nang - PNJ | 84,400▲500K | 85,500▲500K |
| Da Nang - SJC | 84,000▲500K | 85,500▲500K |
| Western Region - PNJ | 84,400▲500K | 85,500▲500K |
| Western Region - SJC | 84,000▲500K | 85,500▲500K |
| Jewelry gold price - PNJ | 84,400▲500K | 85,500▲500K |
| Jewelry gold price - SJC | 84,000▲500K | 85,500▲500K |
| Jewelry gold price - Southeast | PNJ | 84,400▲500K |
| Jewelry gold price - SJC | 84,000▲500K | 85,500▲500K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 84,400▲500K |
| Jewelry gold price - Jewelry gold 999.9 | 84,400▲600K | 85,200▲600K |
| Jewelry gold price - Jewelry gold 999 | 84,320▲600K | 85,120▲600K |
| Jewelry gold price - Jewelry gold 99 | 83,450▲600K | 84,450▲600K |
| Jewelry gold price - 916 gold (22K) | 77,140▲550K | 78,140▲550K |
| Jewelry gold price - 750 gold (18K) | 62,650▲450K | 64,050▲450K |
| Jewelry gold price - 680 gold (16.3K) | 56,690▲410K | 58,090▲410K |
| Jewelry gold price - 650 gold (15.6K) | 54,130▲390K | 55,530▲390K |
| Jewelry gold price - 610 gold (14.6K) | 50,720▲360K | 52,120▲360K |
| Jewelry gold price - 585 gold (14K) | 48,590▲350K | 49,990▲350K |
| Jewelry gold price - 416 gold (10K) | 34,190▲250K | 35,590▲250K |
| Jewelry gold price - 375 gold (9K) | 30,700▲220K | 32,100▲220K |
| Jewelry gold price - 333 gold (8K) | 26,870▲200K | 28,270▲200K |
| 3. SJC - Updated: 04/01/2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC 1L, 10L, 1KG | 84,000▲500K | 85,500▲500K |
| SJC 5c | 84,000▲500K | 85,520▲500K |
| SJC 2c, 1c, 5c | 84,000▲500K | 85,530▲500K |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 84,000▲500K | 85,300▲500K |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 84,000▲500K | 85,400▲500K |
| Jewelry 99.99% | 84,000▲600K | 85,100▲500K |
| Jewelry 99% | 81,757▲495K | 84,257▲495K |
| Jewelry 68% | 55,023▲340K | 58,023▲340K |
| Jewelry 41.7% | 32,640▲208K | 35,640▲208K |
World gold price today January 3, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was 2,642.11 USD/ounce. Today's gold price decreased by 0.25% compared to yesterday. Converted according to the USD exchange rate on the free market (25,717 VND/USD), the world gold price is about 81.90 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 3.6 million VND/tael higher than the international gold price.
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Gold prices may face downward pressure in the short term as the US Federal Reserve is expected to slow its rate cuts, according to experts. Bank of America predicts that the Fed will cut interest rates less in 2025 to support the US dollar, which could make it difficult for gold prices to rise sharply.
However, in the long term, gold prices still have many supportive factors such as geopolitical tensions in Ukraine and the Middle East, along with central banks continuing to buy gold reserves. These factors will help gold prices maintain their upward momentum in the future.
Peter Schiff, an expert at Euro Pacific Asset Management, said gold prices have entered a long-term growth phase after many years of fluctuating between $1,500 and $2,000 an ounce.
He said that gold prices are unlikely to return to $2,000 an ounce and advised investors to be cautious if they want to switch from gold to other assets such as Bitcoin.
In addition, the re-election and inauguration of Mr. Trump on January 20 are also causing many concerns. The proposed tariff and trade protection policies could lead to inflation and even trade wars, which will also affect the price of gold.
Next week, a slew of important US economic data will be released, including the jobs report and the Fed meeting minutes. This information will help investors better understand the Fed's monetary policy, especially the fact that they have revised their forecast for interest rate cuts in 2025.
Gold is often seen as a safe haven asset, especially in times of low interest rates and economic or political uncertainty. Global trends will continue to drive the gold market, with prices expected to rise steadily this year, said Julia Khandoshko, CEO of brokerage Mind Money.
