Gold price today December 30, 2024: Gold price increases modestly but maintains its appeal
Gold price today December 30: Domestic gold price in the last week of 2024 skyrocketed while the world market ended the week with a downward trend.
Domestic gold price today December 30, 2024
At the time of survey at 4:30 a.m. on December 30, 2024, the gold price on the trading floors of some companies was as follows:
The price of 9999 gold today is listed by DOJI at 83.7 million VND/tael for buying and 84.7 million VND/tael for selling. An increase of 950 thousand VND/tael for both buying and selling compared to 7 days ago.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 84.1-84.7 million VND/tael for buying and selling. Compared to the beginning of last week, the price of SJC gold bars decreased by 100 thousand VND/tael for buying and 200 thousand VND/tael for selling.
SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 82.7-84.7 million VND/tael (buy in - sell out). At Bao Tin Manh Hai, it is also being traded at 82.7-84.7 million VND/tael (buy in - sell out). Compared to 7 days ago, the gold price increased by 300 thousand VND/tael in the buying direction - decreased by 300 thousand VND/tael in the selling direction.
The group of state-owned joint stock commercial banks (Vietcombank, Vietinbank, Agribank, BIDV) listed the price of SJC gold bars at 84.7 million VND/tael.
The latest gold price list today, December 30, 2024 is as follows:
| Gold price today | December 30, 2024 (Million VND) | Difference (thousand dong/tael) | ||
| Buy | Sell out | Buy | Sell out | |
| SJC in Hanoi | 82.7 | 84.7 | - | - |
| DOJI Group | 82.7 | 84.7 | - | - |
| Mi Hong | 84.1 | 84.7 | - | - |
| PNJ | 82.7 | 84.7 | - | - |
| Vietinbank Gold | 84.7 | - | ||
| Bao Tin Minh Chau | 82.7 | 84.7 | - | - |
| Bao Tin Manh Hai | 82.7 | 84.7 | - | - |
| 1.DOJI- Updated: 12/30/2024 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| AVPL/SJC HN | 82,700 | 84,700 |
| AVPL/SJC HCM | 82,700 | 84,700 |
| AVPL/SJC DN | 82,700 | 84,700 |
| Raw material 9999 - HN | 83,850 | 84,100 |
| Raw materials 999 - HN | 83,750 | 84,000 |
| AVPL/SJC Can Tho | 82,700 | 84,700 |
| 2.PNJ- Updated: 12/30/2024 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| HCMC - PNJ | 83,800 | 84,700 |
| HCMC - SJC | 82,700 | 84,700 |
| Hanoi - PNJ | 83,800 | 84,700 |
| Hanoi - SJC | 82,700 | 84,700 |
| Da Nang - PNJ | 83,800 | 84,700 |
| Da Nang - SJC | 82,700 | 84,700 |
| Western Region - PNJ | 83,800 | 84,700 |
| Western Region - SJC | 82,700 | 84,700 |
| Jewelry gold price - PNJ | 83,800 | 84,700 |
| Jewelry gold price - SJC | 82,700 | 84,700 |
| Jewelry gold price - Southeast | PNJ | 83,800 |
| Jewelry gold price - SJC | 82,700 | 84,700 |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 83,800 |
| Jewelry gold price - Jewelry gold 999.9 | 83,700 | 84,500 |
| Jewelry gold price - 999 jewelry gold | 83,620 | 84,420 |
| Jewelry gold price - 99 jewelry gold | 82,760 | 83,760 |
| Jewelry gold price - 916 gold (22K) | 76,500 | 77,500 |
| Jewelry gold price - 750 gold (18K) | 62,130 | 63,530 |
| Jewelry gold price - 680 gold (16.3K) | 56,210 | 57,610 |
| Jewelry gold price - 650 gold (15.6K) | 53,680 | 55,080 |
| Jewelry gold price - 610 gold (14.6K) | 50,300 | 51,700 |
| Jewelry gold price - 585 gold (14K) | 48,180 | 49,580 |
| Jewelry gold price - 416 gold (10K) | 33,900 | 35,300 |
| Jewelry gold price - 375 gold (9K) | 30,440 | 31,840 |
| Jewelry gold price - 333 gold (8K) | 26,640 | 28,040 |
| 3. SJC - Updated: 12/30/2024 04:30 - Website time of supply - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| SJC 1L, 10L, 1KG | 82,700 | 84,700 |
| SJC 5c | 82,700 | 84,720 |
| SJC 2c, 1C, 5 phan | 82,700 | 84,730 |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 82,700 | 84,500 |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 82,700 | 84,600 |
| 99.99% Jewelry | 82,600 | 84,200 |
| 99% Jewelry | 80,866 | 83,366 |
| Jewelry 68% | 54,411 | 57,411 |
| Jewelry 41.7% | 32,264 | 35,264 |
World gold price today December 30, 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 2,618.77 USD/Ounce. Today's gold price decreased by 3.31 USD/Ounce compared to last week. Converted according to the USD exchange rate, on the free market (25,850 VND/USD), the world gold price is about 82.52 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 2.18 million VND/tael higher than the international gold price.
The gold market is entering the final trading sessions of 2024. According to James Hyerczyk, market analyst at FX Empire, ongoing geopolitical conflicts in Israel, Russia or Ukraine are strengthening the appeal of gold as a safe haven asset.
Additionally, controversial comments by President-elect Donald Trump, including expressing a desire to buy Greenland and take control of the Panama Canal, have increased geopolitical tensions, increasing demand for gold as a hedge.
Hyerczyk stressed that the key support level to watch is $2,607 an ounce. To maintain the upward momentum, gold needs to break above $2,665 an ounce. However, he also warned of a pessimistic short-term outlook due to rising bond yields and the US dollar.
“The short-term outlook for gold remains bearish, with rising bond yields and a stronger US dollar,” said Hyerczyk.
The US government’s massive debt could put pressure on bond yields, negatively affecting gold prices. However, strong demand from China and concerns about fiscal instability are expected to offset these pressures.
Gold price forecast
Zain Vawda, an analyst at MarketPulse, predicts that gold could reach $2,800 an ounce by 2025, depending largely on geopolitical developments. Michael Langford, chief investment officer at Scorpion Minerals, said that policy changes when Donald Trump takes office in January 2025 could increase market volatility.
Frank Watson of Kinesis Money said that if tariffs were implemented, the Fed would face difficulties in maintaining low interest rates. However, Capital Economics forecasts that gold prices could rise slightly in 2025, reaching $2,750 an ounce by the end of the year.
Next week, investors will pay close attention to the weekly US jobless claims data to identify financial trends. Along with that, geopolitical developments continue to be a key factor in shaping gold prices in the coming time.
