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Gold price today January 30, 2025: World gold price increased slightly waiting for Fed's decision

Quoc DuongJanuary 30, 2025 04:16

Gold price today January 30, 2025: World gold price increased slightly waiting for the Fed's decision on interest rates. Currently, gold is trading in a stable price range.

Domestic gold price today January 30, 2025

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

DOJI listed the price of 9999 gold today at 86.6 million VND/tael for buying and 88.1 million VND/tael for selling. No change in both buying and selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 87.1-88.5 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged in both buying and selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 86.9-88.9 million VND/tael (buying - selling), unchanged in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 86.4-88.9 million VND/tael (buy - sell), unchanged in both buying and selling directions compared to yesterday.

Giá vàng hôm nay 30/1/2025: Giá vàng thế giới tăng nhẹ chờ quyết định của Fed

The latest gold price list today January 30, 2025 is as follows:

Gold price today
January 30, 2025
(Million VND)
Difference
(thousand dong/tael)
Buy
Sell ​​out
Buy
Sell ​​out
SJC in Hanoi
86.888.8
--
DOJI Group
86.9
88.9
-
-
Mi Hong
87.188.5
--
PNJ
86.8
88.8
--
Vietinbank Gold
88.8

-
Bao Tin Minh Chau
86.9
88.9
--
Phu Quy86.488.9--
1.DOJI- Updated: 1/30/2025 4:30 AM - Source website time - ▼/▲ Compared to yesterday.
Type
BuySell ​​out
AVPL/SJC HN86,90088,900
AVPL/SJC HCM86,90088,900
AVPL/SJC DN86,90088,900
Raw material 9999 - HN86,40087,200
Raw materials 999 - HN86,30087,100
AVPL/SJC Can Tho86,90088,900
2.PNJ- Updated: 1/30/2025 4:30 AM - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell ​​out
HCMC - PNJ86,60088,100
HCMC - SJC86,80088,800
Hanoi - PNJ86,60088,100
Hanoi - SJC86,80088,800
Da Nang - PNJ86,60088,100
Da Nang - SJC86,80088,800
Western Region - PNJ86,60088,100
Western Region - SJC86,80088,800
Jewelry gold price - PNJ86,60088,100
Jewelry gold price - SJC86,80088,800
Jewelry gold price - SoutheastPNJ86,600
Jewelry gold price - SJC86,80088,800
Jewelry gold price - Jewelry gold pricePNJ 999.9 Plain Ring86,600
Jewelry gold price - Jewelry gold 999.986,50087,900
Jewelry gold price - 999 jewelry gold86,41087,810
Jewelry gold price - 99 jewelry gold86,12087,120
Jewelry gold price - 916 gold (22K)79,62080,620
Jewelry gold price - 750 gold (18K)64,68066,080
Jewelry gold price - 680 gold (16.3K)58,52059,920
Jewelry gold price - 650 gold (15.6K)55,89057,290
Jewelry gold price - 610 gold (14.6K)52,37053,770
Jewelry gold price - 585 gold (14K)50,17051,570
Jewelry gold price - 416 gold (10K)35,32036,720
Jewelry gold price - 375 gold (9K)31,71033,110
Jewelry gold price - 333 gold (8K)27,76029,160
3. SJC - Updated: 1/30/2025 4:30 AM - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell ​​out
SJC 1L, 10L, 1KG86,80088,800
SJC 5c86,80088,820
SJC 2c, 1C, 5 phan86,80088,830
SJC 99.99 gold ring 1 chi, 2 chi, 5 chi86,30088,000
SJC 99.99 gold ring 0.3 chi, 0.5 chi86,30088,100
99.99% Jewelry86,20087,700
99% Jewelry84,33186,831
Jewelry 68%56,79159,791
Jewelry 41.7%33,72436,724

The last week of January this year for the domestic gold market will not have price fluctuations, because it is the Lunar New Year holiday, so gold and jewelry companies as well as the banking sector will stop trading. Gold trading enterprises are currently anchoring prices at high levels, with large differences to prevent risks from fluctuations in international gold prices.

World gold price today January 30, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 5:00 am today, Vietnam time, was 2,757.44 USD/ounce. Today's gold price increased by 3.6 USD compared to yesterday. Converted to the USD exchange rate, on the free market (25,550 VND/USD), the world gold price is about 85.89 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 2.91 million VND/tael higher than the international gold price.

Gold prices edged up slightly today as investors awaited a key decision from the US Federal Reserve (Fed) on interest rates. At the same time, the market was also watching former President Donald Trump's trade policies.

Gold prices are being affected by a number of factors, making them volatile, according to independent analyst Ross Norman. Last week, gold rose 2.6%, close to the record high set in October.

Gold initially surged on the tariff news as investors worried about the risk, but many took profits and prices fell back. Gold is now trading in a stable range as investors assess the impact of the Fed meeting, the possibility of a rate cut, and the volatility of the stock market.

The market is focused on the Fed's decision on interest rates, especially the speech of Chairman Jerome Powell. The Fed is expected to keep interest rates unchanged after cutting them by a total of 1% last year.

Another factor that weighed on gold was the plunge in tech stocks earlier this week, which was triggered by a Chinese AI model called DeepSeek. As stocks fell sharply, some investors sold gold to cover losses, putting pressure on gold prices.

If Donald Trump continues to push through with his plans to impose tariffs on Canada and Mexico, investors will worry about inflation. If commodity prices rise due to tariffs, the Fed may have to maintain high interest rates to control prices, which could affect the appeal of gold in the long term.

In addition, silver price increased 0.4% to 30.51 USD/ounce, platinum price increased 0.4% to 945.00 USD/ounce, Palladium price decreased slightly 0.2% to 952.90 USD/ounce.

Gold price forecast

Gold prices were expected to continue rising sharply. According to Kitco News’ gold survey, 80% of experts expect gold prices to rise this week, although the Lunar New Year holiday in many Asian countries will slow the increase in gold prices.

Some forecasts say that gold will increase sharply after the Asian holiday, will soon rise above the threshold of 2,800 USD and will reach 3,000 USD/ounce by the end of this year.

However, the gold price outlook may have changed following the emergence of Chinese AI startup DeepSeek.

Investors are assessing the implications of this tech storm, with the focus on US-China relations, including trade and technology. The US has previously tried to block China’s progress in AI through regulations banning the export of chips and advanced semiconductor technology.

Will Donald Trump's policies change after launching a massive $500 billion AI project - Stargate? On January 27, Mr. Trump noted that DeepSeek AI is a wake-up call for American industries.

In the short term, gold prices are affected by the USD. The US Federal Reserve (Fed) will have a meeting on January 28-29. Last week, Mr. Trump put pressure on the Fed and wanted this agency to accelerate the process of lowering interest rates.

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Gold price today January 30, 2025: World gold price increased slightly waiting for Fed's decision
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