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Gold price today September 20, 2024: Domestic gold price fluctuates

Hung Cuong DNUM_CAZAJZCACE 5:00

Gold price today September 20, 2024: 9999 gold ring price increased by 100,000 VND/tael while SJC gold suddenly decreased slightly. World gold increased sharply after the FED reduced interest rates

Domestic gold price today September 20, 2024

At the time of survey at 5:00 a.m. on September 20, 2024, the gold price on the trading floors of some companies was as follows:

DOJI listed the price of 9999 gold today at 78.10 million VND/tael for buying and 79.20 million VND/tael for selling.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 80.5-81.5 million VND/tael (buy - sell). Decreased by 500,000 VND/tael in both buying and selling directions.

SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 79.8-81.8 million VND/tael (buy in - sell out). Meanwhile, at Bao Tin Manh Hai, it is being traded at 79.8-81.8 million VND/tael (buy in - sell out). Both decreased slightly by 200,000 VND/tael in both buying and selling directions.

Giá vàng hôm nay 20/9/2024: Vàng trong nước tăng giảm trái chiều

The latest gold price list today, September 20, 2024 is as follows:

Gold price today
September 20, 2024
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
78.8
81.8
-200
-200
DOJI Group
78.8
81.8
-200
-200
Red Eyelashes
80.5
81.5
-500
-500
PNJ
78.8
81.8
-200
-200
Vietinbank Gold
-
81.8
-
-200
Bao Tin Minh Chau
78.8
81.8
-200
-200
Bao Tin Manh Hai
78.8
81.8
-200
-200
1.DOJI- Updated: 9/20/2024 05:10 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
AVPL/SJC HN79,800▼200K81,800▼200K
AVPL/SJC HCM79,800▼200K81,800▼200K
AVPL/SJC DN79,800▼200K81,800▼200K
Raw material 9999 - HN78,050▲50K78,150
Raw material 999 - HN77,950▲50K78,050
AVPL/SJC Can Tho79,800▼200K81,800▼200K
2.PNJ- Updated: 9/20/2024 05:10 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
HCMC - PNJ78,100▲100K79,200
HCMC - SJC79,800▼200K81,800▼200K
Hanoi - PNJ78,100▲100K79,200
Hanoi - SJC79,800▼200K81,800▼200K
Da Nang - PNJ78,100▲100K79,200
Da Nang - SJC79,800▼200K81,800▼200K
Western Region - PNJ78,100▲100K79,200
Western Region - SJC79,800▼200K81,800▼200K
Jewelry gold price - PNJ78,100▲100K79,200
Jewelry gold price - SJC79,800▼200K81,800▼200K
Jewelry gold price - SoutheastPNJ78,100▲100K
Jewelry gold price - SJC79,800▼200K81,800▼200K
Jewelry gold price - Jewelry gold pricePNJ 999.9 Plain Ring78,100▲100K
Jewelry gold price - Jewelry gold 999.978,000▲100K78,800▲100K
Jewelry gold price - Jewelry gold 99977,920▲100K78,720▲100K
Jewelry gold price - Jewelry gold 9977,110▲100K78,110▲100K
Jewelry gold price - 916 gold (22K)71,780▲90K72,280▲90K
Jewelry gold price - 750 gold (18K)57,850▲70K59,250▲70K
Jewelry gold price - 680 gold (16.3K)52,330▲60K53,730▲60K
Jewelry gold price - 650 gold (15.6K)49,970▲60K51,370▲60K
Jewelry gold price - 610 gold (14.6K)46,820▲60K48,220▲60K
Jewelry gold price - 585 gold (14K)44,850▲60K46,250▲60K
Jewelry gold price - 416 gold (10K)31,530▲40K32,930▲40K
Jewelry gold price - 375 gold (9K)28,300▲40K29,700▲40K
Jewelry gold price - 333 gold (8K)24,750▲30K26,150▲30K
3.SJC- Updated: 9/20/2024 05:10 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 1L, 10L, 1KG79,800▼200K81,800▼200K
SJC 5c79,800▼200K81,820▼200K
SJC 2c, 1c, 5c79,800▼200K81,830▼200K
SJC 99.99 gold ring 1 chi, 2 chi, 5 chi77,90079,200
SJC 99.99 gold ring 0.3 chi, 0.5 chi77,90079,300
Jewelry 99.99%77,80078,800
Jewelry 99%76,02078,020
Jewelry 68%51,23953,739
Jewelry 41.7%30,51333,013

World gold price today September 20, 2024 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 2,575.43 USD/Ounce. Today's gold price increased by 3.86 USD/Ounce compared to yesterday's gold price. Converted according to the USD exchange rate, on the free market (25,065 VND/USD), the world gold price is about 78.69 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 3.10 million VND/tael higher than the international gold price.

Yesterday, the world gold price witnessed a leap, reaching 2,584 USD/ounce, equivalent to 78.2 million VND/tael, marking the highest price ever.

The rally came after the US Federal Reserve announced a cut in interest rates to 0.5%, a significant reduction from previous expectations.

The Fed also signaled that there will be further rate cuts for the remainder of 2024 and throughout 2025, which would typically support gold's price appreciation.

Continued tensions in the Middle East have also contributed to the rise in gold prices, making it a safer investment channel in times of uncertainty.

While there may be some profit-taking that could dampen gold prices in the short term, the bullish trend in gold is expected to continue in the long term, according to Kelvin Wong, an analyst at OANDA.

Forecasts show that gold prices are likely to continue to increase to 2,700 USD/ounce, equivalent to 80.87 million VND/tael, by the end of this year.

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Gold price today September 20, 2024: Domestic gold price fluctuates
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