Gold price today January 3, 2025: Domestic gold price hits peak of 85 million VND
Gold price today January 3: Domestic gold price shines at the beginning of the year with an increase of 500 to 1.3 million VND/tael, reaching a half-month peak at 85 million VND. World gold price recovers strongly, surpassing 2,620 USD
Domestic gold price today January 3, 2025
At the time of survey at 04:30 on January 3, 2025, the gold price on the trading floors of some companies was as follows:
The price of SJC gold listed by Saigon Jewelry Company (SJC) is 83.5-85.0, an increase of 1.3 million VND/tael for buying and 800 thousand VND/tael for selling compared to the previous trading session. The difference between the buying and selling prices is 1.5 million VND.
Today, the price of Phuc Long DOJI gold bars is listed at 83.5 million VND/tael for buying and 85 million VND/tael for selling, an increase of 1.3 million VND/tael for buying and 800 thousand VND/tael for selling 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.
SJC gold price at Bao Tin Minh Chau Company Limited is currently trading at 83.5-85 million VND/tael (buy - sell). An increase of 1.3 million VND/tael in the buying direction and an increase of 800 thousand VND/tael in the selling direction compared to the end of yesterday's trading session.
At Bao Tin Manh Hai, it is also being traded at 83.4-85 million VND/tael (buy - sell). An increase of 1.1 million VND/tael in the buying direction and an increase of 800 thousand VND/tael in the selling direction compared to the end of yesterday's trading session.
SJC gold price at Phu Quy Company is 83.6 million VND for buying and 85 million VND for selling. An increase of 1.2 million VND for buying and 800 thousand VND for selling compared to the end of yesterday's trading session.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 84.4-85 million VND/tael for buying and selling. Compared to yesterday, the price of SJC gold bars increased by 400 thousand VND for buying and 500 thousand VND for selling.
The group of state-owned joint stock commercial banks, Vietcombank and BIDV, also achieved an increase of VND800,000/tael compared to the previous session, bringing the selling price of gold bars to VND85 million.
Continuing to be slower than other units, the price of gold bars at Agribank has not yet had any adjustment, the selling price of gold bars is currently the same as the previous closing price - at 84.2 million VND/tael, but is expected to increase sharply today to bring transactions up to par with the general market.
Meanwhile, the price of gold rings also increased, in which at Bao Tin Minh Chau Company, it increased by 1,300-800 thousand VND/tael, the new price is from 83.9-85 million VND/tael (buy/sell).
At Phu Quy Company, the company announced the price of gold rings from 83.9-85 million VND/tael (buy/sell), an increase of 900-500 thousand VND/tael compared to the previous closing price.
The latest gold price list today, January 3, 2025 is as follows:
| Gold price today | January 3, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 83.5 | 85 | +1,300 | +800 |
| DOJI Group | 83.5 | 85 | +1,300 | +800 |
| Red Eyelashes | 84.4 | 85 | +400 | +500 |
| PNJ | 83.5 | 85 | +1,300 | +800 |
| Vietinbank Gold | 85 | +800 | ||
| Bao Tin Minh Chau | 83.5 | 85 | +1,300 | +800 |
| Bao Tin Manh Hai | 83.4 | 85 | +1,100 | +800 |
| 1.DOJI- Updated: 03/01/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 83,500▲1300K | 85,000▲800K |
| AVPL/SJC HCM | 83,500▲1300K | 85,000▲800K |
| AVPL/SJC DN | 83,500▲1300K | 85,000▲800K |
| Raw material 9999 - HN | 84,200▲900K | 84,400▲800K |
| Raw material 999 - HN | 84,100▲900K | 84,300▲800K |
| AVPL/SJC Can Tho | 83,500▲1300K | 85,000▲800K |
| 2.PNJ- Updated: 03/01/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 83,900▲500K | 85,000▲800K |
| HCMC - SJC | 83,500▲1300K | 85,000▲800K |
| Hanoi - PNJ | 83,900▲500K | 85,000▲800K |
| Hanoi - SJC | 83,500▲1300K | 85,000▲800K |
| Da Nang - PNJ | 83,900▲500K | 85,000▲800K |
| Da Nang - SJC | 83,500▲1300K | 85,000▲800K |
| Western Region - PNJ | 83,900▲500K | 85,000▲800K |
| Western Region - SJC | 83,500▲1300K | 85,000▲800K |
| Jewelry gold price - PNJ | 83,900▲500K | 85,000▲800K |
| Jewelry gold price - SJC | 83,500▲1300K | 85,000▲800K |
| Jewelry gold price - Southeast | PNJ | 83,900▲500K |
| Jewelry gold price - SJC | 83,500▲1300K | 85,000▲800K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 83,900▲500K |
| Jewelry gold price - Jewelry gold 999.9 | 83,800▲400K | 84,600▲400K |
| Jewelry gold price - Jewelry gold 999 | 83,720▲400K | 84,520▲400K |
| Jewelry gold price - Jewelry gold 99 | 82,850▲390K | 83,850▲390K |
| Jewelry gold price - 916 gold (22K) | 76,590▲360K | 77,590▲360K |
| Jewelry gold price - 750 gold (18K) | 62,200▲300K | 63,600▲300K |
| Jewelry gold price - 680 gold (16.3K) | 56,280▲270K | 57,680▲270K |
| Jewelry gold price - 650 gold (15.6K) | 53,740▲260K | 55,140▲260K |
| Jewelry gold price - 610 gold (14.6K) | 50,360▲250K | 51,760▲250K |
| Jewelry gold price - 585 gold (14K) | 48,240▲230K | 49,640▲230K |
| Jewelry gold price - 416 gold (10K) | 33,940▲160K | 35,340▲160K |
| Jewelry gold price - 375 gold (9K) | 30,480▲150K | 31,880▲150K |
| Jewelry gold price - 333 gold (8K) | 26,670▲130K | 28,070▲130K |
| 3. SJC - Updated: 03/01/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC 1L, 10L, 1KG | 83,500▲1,300K | 85,000▲800K |
| SJC 5c | 83,500▲1,300K | 85,020▲800K |
| SJC 2c, 1c, 5c | 83,500▲1,300K | 85,030▲800K |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 83,500▲1,300K | 84,800▲800K |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 83,500▲1,300K | 84,900▲800K |
| Jewelry 99.99% | 83,400▲1,300K | 84,600▲800K |
| Jewelry 99% | 81,262▲792K | 83,762▲792K |
| Jewelry 68% | 54,683▲544K | 57,683▲544K |
| Jewelry 41.7% | 32,431▲333K | 35,431▲333K |
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 9:44 am today, Vietnam time, was 2,623.8 USD/ounce. Today's gold price is unchanged compared to yesterday. Converted according to the USD exchange rate on the free market (25,717 VND/USD), the world gold price is about 81.3 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 2.9 million VND/tael higher than the international gold price.
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In 2024, gold prices rose more than 27%, the biggest increase since 2010. The main reasons were the US Federal Reserve's interest rate cuts, strong central bank purchases, and rising geopolitical tensions. These factors pushed gold prices to multiple record highs.
Gold prices are likely to continue rising in 2025, experts say, due to geopolitical risks, rising government debt, and fiscal deficits under the Trump administration. However, the Fed’s slow pace of rate cuts and a stronger US dollar could pose challenges for gold prices.
Next week, the market will pay attention to important US economic data that could affect the 2025 interest rate outlook and Mr. Trump's tariff policy. This information will significantly impact gold prices.
Traders expect the Fed to be cautious about cutting rates in 2025 as inflation remains above its 2% target. There is only an 11.2% chance the Fed will cut rates in January, according to the CME FedWatch Tool.
Gold is considered a safe-haven asset during times of geopolitical and economic uncertainty. However, high interest rates often have a negative impact on gold prices.
Tim Waterer, an analyst at KCM Trade, said that gold prices will rise sharply in 2024 mainly due to expectations of lower interest rates. In 2025, the outlook for US interest rates and Mr. Trump's trade policies will continue to be the main factors affecting gold prices.
Gold will be supported by geopolitical risks, trade tensions, and buying demand from central banks, despite a strong US dollar and the Fed's cautious monetary policy, said Aneeka Gupta, director of macroeconomic research at WisdomTree.
