Gold price today September 3, 2024: Domestic gold price remains stable for the 4th consecutive day.
Gold price today September 3, 2024: Domestic gold price remains stable for the 4th consecutive day.
Domestic gold price today September 3, 2024
At the time of survey at 5:00 a.m. on September 3, 2024, the gold price on the trading floors of some companies was as follows:
DOJI listed the price of 9999 gold today at 77.55 million VND/tael for buying and 78.65 million VND/tael for selling. Stable in both buying and selling directions.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 80-81 million VND/tael (buy in - sell out). Continuing to move sideways compared to yesterday.
SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 79-81 million VND/tael (buy in - sell out). Meanwhile, at Bao Tin Manh Hai, it is being traded at 79-81 million VND/tael (buy in - sell out).
The latest gold price list today, September 3, 2024 is as follows:
| Gold price today | September 3, 2024 (Million VND) | Difference (thousand dong/tael) | ||
| Buy | Sell out | Buy | Sell out | |
| SJC in Hanoi | 79 | 81 | - | - |
| DOJI Group | 79 | 81 | - | - |
| Mi Hong | 80 | 81 | - | - |
| PNJ | 79 | 81 | - | - |
| Vietinbank Gold | - | 81 | - | - |
| Bao Tin Minh Chau | 79 | 81 | - | - |
| Bao Tin Manh Hai | 79 | 81 | - | - |
| 1.DOJI- Updated: 09/03/2024 05:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| AVPL/SJC HN | 79,000 | 81,000 |
| AVPL/SJC HCM | 79,000 | 81,000 |
| AVPL/SJC DN | 79,000 | 81,000 |
| Raw material 9999 - HN | 77,350 | 77,550 |
| Raw materials 999 - HN | 77,250 | 77,450 |
| AVPL/SJC Can Tho | 79,000 | 81,000 |
| 2.PNJ- Updated: 09/03/2024 05:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| HCMC - PNJ | 77,400 | 78,600 |
| HCMC - SJC | 79,000 | 81,000 |
| Hanoi - PNJ | 77,400 | 78,600 |
| Hanoi - SJC | 79,000 | 81,000 |
| Da Nang - PNJ | 77,400 | 78,600 |
| Da Nang - SJC | 79,000 | 81,000 |
| Western Region - PNJ | 77,400 | 78,600 |
| Western Region - SJC | 79,000 | 81,000 |
| Jewelry gold price - PNJ | 77,400 | 78,600 |
| Jewelry gold price - SJC | 79,000 | 81,000 |
| Jewelry gold price - Southeast | PNJ | 77,400 |
| Jewelry gold price - SJC | 79,000 | 81,000 |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 77,400 |
| Jewelry gold price - Jewelry gold 999.9 | 77,300 | 78,100 |
| Jewelry gold price - 999 jewelry gold | 77,220 | 78,020 |
| Jewelry gold price - 99 jewelry gold | 76,420 | 77,420 |
| Jewelry gold price - 916 gold (22K) | 71,140 | 71,640 |
| Jewelry gold price - 750 gold (18K) | 57,330 | 58,730 |
| Jewelry gold price - 680 gold (16.3K) | 51,860 | 53,260 |
| Jewelry gold price - 650 gold (15.6K) | 49,520 | 50,920 |
| Jewelry gold price - 610 gold (14.6K) | 46,390 | 47,790 |
| Jewelry gold price - 585 gold (14K) | 44,440 | 45,840 |
| Jewelry gold price - 416 gold (10K) | 31,240 | 32,640 |
| Jewelry gold price - 375 gold (9K) | 28,040 | 29,440 |
| Jewelry gold price - 333 gold (8K) | 24,520 | 25,920 |
| 3.SJC- Updated: 09/03/2024 05:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| SJC 1L, 10L, 1KG | 79,000 | 81,000 |
| SJC 5c | 79,000 | 81,020 |
| SJC 2c, 1C, 5 phan | 79,000 | 81,030 |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 77,300 | 78,600 |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 77,300 | 78,700 |
| 99.99% Jewelry | 77,250 | 78,200 |
| 99% Jewelry | 75,426 | 77,426 |
| Jewelry 68% | 50,831 | 53,331 |
| Jewelry 41.7% | 30,263 | 32,763 |
World gold price today September 3, 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 2,525.15 USD/ounce. Converted according to the USD exchange rate on the free market (25,200 VND/USD), the world gold price is about 77.58 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 3.42 million VND/tael higher than the international gold price.
The US Federal Reserve (Fed) plans to cut interest rates at its upcoming monetary policy meeting, taking place on September 17-18. According to CME's FedWatch tool, there is a 67% chance that the Fed will cut interest rates by 0.25% and a 33% chance of cutting by 0.50% this month.
Investors are awaiting employment data from ADP and the US non-farm payrolls report, which are expected to be released later in the week.
Protests have spread across Israel following the deaths of six hostages in Gaza, and frustration is growing with the country's leadership over its failure to reach a ceasefire.
Zhou Maohua, an analyst at China Everbright Bank, said confidence in the gold market is rising due to gold prices continuously hitting new highs, concerns about the geopolitical situation, the possibility of interest rate cuts by major economies, and continued gold purchases by central banks.
Gold price forecast
The price of gold rings has increased continuously for a week and reached an all-time high. It is forecasted that if the world gold price continues to increase, domestic gold rings may reach 79 million VND/tael this week and may reach a record 80 million VND/tael.
Investors remain optimistic that gold prices will continue to rise, according to a Kitco survey. In a Wall Street survey of 15 analysts, opinions were evenly divided: 33% predicted prices would rise, 33% predicted prices would fall, and the rest predicted prices would remain unchanged.
Of the 199 investors who participated in another survey, 56% believe gold prices will rise, 24% think they will fall, and the rest predict prices will remain stable.
