Market

Gold price today August 30, 2024: World gold and ring gold both increase

Hung CuongDNUM_DAZAIZCACE 05:30

Gold price today August 30, 2024: Domestic gold ring price increased slightly. Meanwhile, world gold price increased to near record high.

Domestic gold price today August 30, 2024

At the time of survey at 5:00 a.m. on August 30, 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.

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 - sell). An increase of 500 thousand VND for buying 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 - sell). Meanwhile, at Bao Tin Manh Hai, it is being traded at 79-81 million VND/tael (buy - sell).

Giá vàng hôm nay 30/8/2024: Vàng thế giới và vàng nhẫn cùng tăng

The latest gold price list today, August 30, 2024 is as follows:

Gold price today
August 30, 2024
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
79
81
-
-
DOJI Group
79
81
-
-
Red Eyelashes
80
81
-
-
PNJ
79
81
-
-
Vietinbank Gold
-
81
-
-
Bao Tin Minh Chau
79
81
-
-
Bao Tin Manh Hai
79
81
-
-
1.DOJI- Updated: 08/30/2024 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
AVPL/SJC HN79,00081,000
AVPL/SJC HCM79,00081,000
AVPL/SJC DN79,00081,000
Raw material 9999 - HN77,40077,600
Raw material 999 - HN77,30077,500
AVPL/SJC Can Tho79,00081,000
2.PNJ- Updated: 08/30/2024 04:30 - Source website time - ▼/▲ Compared to yesterday.
Type
BuySell
HCMC - PNJ77,45078,650▼10K
HCMC - SJC79,00081,000
Hanoi - PNJ77,45078,650▼10K
Hanoi - SJC79,00081,000
Da Nang - PNJ77,45078,650▼10K
Da Nang - SJC79,00081,000
Western Region - PNJ77,45078,650▼10K
Western Region - SJC79,00081,000
Jewelry gold price - PNJ77,45078,650▼10K
Jewelry gold price - SJC79,00081,000
Jewelry gold price - SoutheastPNJ77,450
Jewelry gold price - SJC79,00081,000
Jewelry gold price - Jewelry gold pricePNJ 999.9 Plain Ring77,450
Jewelry gold price - Jewelry gold 999.977,30078,100
Jewelry gold price - Jewelry gold 99977,22078,020
Jewelry gold price - Jewelry gold 9976,42077,420
Jewelry gold price - 916 gold (22K)71,14071,640
Jewelry gold price - 750 gold (18K)57,33058,730
Jewelry gold price - 680 gold (16.3K)51,86053,260
Jewelry gold price - 650 gold (15.6K)49,52050,920
Jewelry gold price - 610 gold (14.6K)46,39047,790
Jewelry gold price - 585 gold (14K)44,44045,840
Jewelry gold price - 416 gold (10K)31,24032,640
Jewelry gold price - 375 gold (9K)28,04029,440
Jewelry gold price - 333 gold (8K)24,52025,920
3.SJC- Updated: 08/30/2024 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 1L, 10L, 1KG79,00081,000
SJC 5c79,00081,020
SJC 2c, 1c, 5c79,00081,030
SJC 99.99 gold ring 1 chi, 2 chi, 5 chi77,400▲50K78,650▲50K
SJC 99.99 gold ring 0.3 chi, 0.5 chi77,400▲50K78,750▲50K
Jewelry 99.99%77,300▲50K78,250▲50K
Jewelry 99%75,475▲49K77,475▲49K
Jewelry 68%50,865▲34K53,365▲34K
Jewelry 41.7%30,284▲21K32,784▲21K

World gold price today August 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 at 2,522.19 USD/ounce. Today's gold price increased by 14.53 USD/ounce compared to yesterday's gold price. Converted according to the USD exchange rate on the free market (25,200 VND/USD), the world gold price is about 77.48 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 3.51 million VND/tael higher than the international gold price.

The People's Bank of China (PBoC) has not purchased any gold for three consecutive months since July. Previously, the PBoC had purchased gold continuously for 18 months, reaching a record of more than 2,264 tons of gold, accounting for about 4.9% of the total value of national reserve assets.

The PBoC holds about $170 billion worth of gold, accounting for 5.1 percent of China’s total foreign exchange reserves. China’s gold holdings are at an all-time high but still below the global average of 16 percent.

The United States leads the world in gold holdings, with 8,133 tonnes of gold worth nearly $610 billion. Russia has been increasing its gold purchases, with its gold holdings accounting for 29.5% of its total reserves, or about $175 billion.

India and Japan also hold significant amounts of gold, at about 9.6% and 5.15% of total national reserve assets, respectively.

Many central banks around the world are buying gold heavily, except for the US, while China has been buying gold at a rapid pace for the past two years.

Gold Price Forecast

Gold prices rose sharply due to predictions that the US Federal Reserve (FED) could cut interest rates in September. It is likely that the FED will cut interest rates from 0.25% to 0.5%.

US consumer confidence index in August showed improvement, increasing expectations of Fed rate cut.

Gold is not only considered a safe investment channel but also a safe haven in the context of prolonged geopolitical tensions in many parts of the world.

Featured Nghe An Newspaper

Latest

x
Gold price today August 30, 2024: World gold and ring gold both increase
POWERED BYONECMS- A PRODUCT OFNEKO