Gold price this afternoon December 25, 2024: Domestic gold price stable on Christmas day
Gold price this afternoon December 25, 2024: Domestic and world gold prices are stable during the Christmas holiday. The buying price of gold rings is 1 million VND more expensive than SJC gold bars.
Domestic gold price this afternoon December 25, 2024
At 2:30 p.m. on December 25, 2024, the domestic gold price was stable following the general market, moving sideways in both buying and selling directions compared to the closing price of December 24. SJC gold bars were listed by SJC Company for buying at VND 82.3 million/tael and selling at VND 84.3 million/tael.
Meanwhile, SJC 9999 gold rings were bought at 82.3 million VND/tael and sold at 84.1 million VND/tael, unchanged in both buying and selling directions compared to the closing price on December 24.
The situation at DOJI brand is similar. In Hanoi and Ho Chi Minh City, DOJI gold bars are bought at 82.3 million VND/tael and sold at 84.3 million VND/tael.
Particularly, Doji Hung Thinh Vuong 9999 gold ring is bought at 83.3 million VND/tael and sold at 84.3 million VND/tael. The buying price of gold ring is 1 million VND more expensive than the buying price of SJC gold bars.
PNJ Gold is also not out of the trend, with the buying price of gold bars at 82.3 million VND/tael and the buying price of gold rings at 83.6 million VND/tael, 1.3 million VND more expensive than the buying price of SJC gold bars.
| Today (December 25, 2024) | Yesterday (December 24, 2024) | |||
| Purchase price | Selling price | Purchase price | Selling price | |
| SJC | 82,300 | 84,300 | 82,300 | 84,300 |
| DOJI Hanoi | 82,300 | 84,300 | 82,300 | 84,300 |
| DOJI SG | 82,300 | 84,300 | 82,300 | 84,300 |
| BTMC SJC | 82,300 | 84,300 | 82,300 | 84,300 |
| Phu Quy SJC | 82,400 | 84,300 | 82,400 | 84,300 |
| PNJ HCMC | 83,600 | 84,300 | 83,600 | 84,300 |
| PNJ Hanoi | 83,600 | 84,300 | 83,600 | 84,300 |
World gold price this afternoon December 25, 2024
During the holiday, the world gold price stopped at 2619 USD/ounce. Converted according to the exchange rate on the free market (25,840 VND/USD), it reached 82.5 million VND/tael, 1.9 million VND lower than gold rings.
Domestic gold prices continue to follow the adjustment trend of the world gold market, which is also currently in a quiet state as the international market is less active during the year-end holiday season.
George Milling-Stanley, an analyst at State Street Global Advisors, expects that in 2025, gold prices will likely set new records as the need to add gold to central banks' reserves in the context of economic and geopolitical instability remains.
Ahead of the new year, Tom Bruce, macro investment strategist at Tanglewood Total Wealth Management, said that while he does not have a specific price target, he predicts gold prices will rise about 10% next year, staying below $3,000 an ounce.
“Although gold may grow more slowly in 2025 compared to the impressive increase of nearly 30% this year, gold is still an important asset that investors should own,” Mr. Tom Brunce revealed.