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Gold price today January 13, 2025: World gold price and domestic gold price increased the highest in the past 2 months

Quoc DuongJanuary 13, 2025 06:02

Gold price today January 13: World gold price increased about 2% last week, the highest in nearly 1 month. Domestic gold price reached the highest level in the past 2 months, heading towards the 87 million VND mark.

Domestic gold price today January 13, 2025

At the time of survey at 4:30 a.m. on January 13, 2025, the gold price on the trading floors of some companies was as follows:

DOJI listed the price of 9999 gold today at 85.4 million VND/tael for buying and 86.6 million VND/tael for selling. Both buying and selling prices remain unchanged compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 85.3-86.3 million VND/tael for buying and selling. Compared to yesterday, the price remained unchanged for both buying and selling.

SJC gold price at Bao Tin Minh Chau Company Limited was also traded by the enterprise at 84.9-86.8 million VND/tael (buying - selling), unchanged in both buying and selling directions compared to yesterday.

At Bao Tin Manh Hai, it is also being traded at 84.9-86.8 million VND/tael (buy in - sell out), unchanged in both buying and selling directions compared to yesterday.

Giá vàng hôm nay 13/1/2025: Giá vàng đạt mức cao nhất 2 tháng qua

The latest gold price list today, January 13, 2025 is as follows:

Gold price today
January 13, 2025
(Million VND)
Difference
(thousand dong/tael)
Buy
Sell ​​out
Buy
Sell ​​out
SJC in Hanoi
84.886.8
--
DOJI Group
84.8
86.8
-
-
Mi Hong
85.386.3
--
PNJ
84.8
86.8
--
Vietinbank Gold
86.8

-
Bao Tin Minh Chau
84.9
86.8
--
Bao Tin Manh Hai
84.9
86.8
--
1.DOJI- Updated: 13/1/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
Type
BuySell ​​out
AVPL/SJC HN84,80086,800
AVPL/SJC HCM84,80086,800
AVPL/SJC DN84,80086,800
Raw material 9999 - HN85,30085,800
Raw materials 999 - HN85,20085,700
AVPL/SJC Can Tho84,80086,800
2.PNJ- Updated: 13/1/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell ​​out
HCMC - PNJ85,40086,800
HCMC - SJC84,80086,800
Hanoi - PNJ85,40086,800
Hanoi - SJC84,80086,800
Da Nang - PNJ85,40086,800
Da Nang - SJC84,80086,800
Western Region - PNJ85,40086,800
Western Region - SJC84,80086,800
Jewelry gold price - PNJ85,40086,800
Jewelry gold price - SJC84,80086,800
Jewelry gold price - SoutheastPNJ85,400
Jewelry gold price - SJC84,80086,800
Jewelry gold price - Jewelry gold pricePNJ 999.9 Plain Ring85,400
Jewelry gold price - Jewelry gold 999.985,40086,200
Jewelry gold price - 999 jewelry gold85,31086,110
Jewelry gold price - 99 jewelry gold84,44085,440
Jewelry gold price - 916 gold (22K)78,06079,060
Jewelry gold price - 750 gold (18K)63,40064,800
Jewelry gold price - 680 gold (16.3K)57,37058,770
Jewelry gold price - 650 gold (15.6K)54,78056,180
Jewelry gold price - 610 gold (14.6K)51,33052,730
Jewelry gold price - 585 gold (14K)49,18050,580
Jewelry gold price - 416 gold (10K)34,61036,010
Jewelry gold price - 375 gold (9K)31,08032,480
Jewelry gold price - 333 gold (8K)27,20028,600
3. SJC - Updated: January 13, 2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell ​​out
SJC 1L, 10L, 1KG84,80086,800
SJC 5c84,80086,820
SJC 2c, 1C, 5 phan84,80086,830
SJC 99.99 gold ring 1 chi, 2 chi, 5 chi84,80086,600
SJC 99.99 gold ring 0.3 chi, 0.5 chi84,80086,700
99.99% Jewelry84,80086,400
99% Jewelry83,04485,544
Jewelry 68%55,90758,907
Jewelry 41.7%33,18236,182

World gold price today January 13, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 5:00 a.m. today, Vietnam time, was 2,688.96 USD/Ounce. Today's gold price is unchanged from yesterday. Converted to the USD exchange rate, on the free market (25,755 VND/USD), the world gold price is about 83.92 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 2.88 million VND/tael higher than the international gold price.

Gold prices rose about 2% last week as uncertainty surrounding the policies of the incoming Trump administration increased the appeal of gold as a safe investment. This happened even as better-than-expected US employment data reinforced expectations that the Federal Reserve (Fed) may not cut interest rates aggressively this year.

However, gold prices quickly recovered and hit their highest level since December 12, with a weekly gain of more than 1.7%.

The US dollar rose while US stock futures fell sharply after the jobs report. Markets showed investors now expect the Fed to cut interest rates by only 30 basis points this year, compared with an expected cut of around 45 basis points before the data was released.

"Gold remains resilient to a much stronger-than-expected jobs report... One of the factors supporting gold is the uncertainty surrounding the upcoming US presidential inauguration," said David Meger, director of metals trading at High Ridge Futures.

As President-elect Donald Trump's inauguration day (January 20) approaches, investors are concerned about his promise to impose tariffs on many imports, as this could increase inflation and limit the Fed's ability to cut interest rates.

Although gold is seen as a hedge against inflation, high interest rates reduce its appeal as it is a non-yielding asset.

Meanwhile, silver prices rose 0.9% to $30.38 an ounce, platinum fell 0.2% to $959.10 and palladium rose 2.2% to $943.93. All three precious metals were on an upward trend this week.

Gold price forecast

Ole Hansen, head of commodity strategy at Saxo Bank, said gold has benefited as an inflation hedge. Looking outside the U.S., some analysts noted that it was no surprise that gold rose alongside the dollar, as the precious metal has gained against every major currency this week.

Gold has posted a significant gain against the pound as the country faces a fresh bond crisis. UK bond yields have jumped on concerns that the government will not be able to control its deficit as spending increases.

Lukman Otunuga, chief market analyst at FXTM, said gold has performed better over the past week, with investors seemingly flocking to the metal amid concerns about Trump's tariffs and inflation.

While higher interest rates are typically bad news for gold, tariff uncertainty continues to accelerate the flight to safety. Year-to-date, gold is up nearly 3%. Looking at the chart, prices are turning bullish with the next key resistance level at $2,715 an ounce.

Bank of America and JPMorgan forecast gold bullion will hit $3,000 an ounce by mid-2026, while UBS forecasts gold will hit $2,900 an ounce.

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Gold price today January 13, 2025: World gold price and domestic gold price increased the highest in the past 2 months
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