Gold price today 12/23/2024: Deep decrease

Báo Công thươngBáo Công thương23/12/2024

Gold price today 12/23/2024:


Gold price today 12/23/2024

At the time of survey at 4:30 a.m. on December 23, 2024, the price of gold bars on the trading floors of some companies continued to increase sharply in the third week of December.

Specifically, at the end of the trading week from December 16 to December 22, the price of SJC gold bars was listed by large enterprises at 81.8-83.8 million VND/tael (buy - sell). The price of gold bars "started" this week at 82.6-85.1 million VND/tael (buy - sell). Thus, after a week of trading, the buying price "evaporated" 800,000 VND while the selling price decreased 1.3 million VND.

At the end of this week, the price of plain round gold rings was listed at 81.8-83.6 million VND/tael (buy - sell). The gold ring item also decreased by 800,000 VND each way after a week.

Domestic gold prices fell amid strong fluctuations in global prices. At the beginning of the week, global gold prices increased due to geopolitical concerns and a weakening USD, but reversed and plummeted in the following two trading sessions.

The price of SJC gold was listed by Saigon Jewelry Company (SJC) at 81.8 million VND/tael for buying and 83.8 million VND/tael for selling, unchanged in both buying and selling compared to the previous trading session. The difference between the buying and selling prices is 2.0 million VND.

The price of 9999 gold today is listed by DOJI at 82.4 million VND/tael for buying and 84.4 million VND/tael for selling, unchanged in both buying and selling directions compared to the previous session. The difference between the buying price and selling price is 2.0 million VND.

Bao Tin Minh Chau gold price is traded by businesses at 82.4 million VND/tael for buying and 84.4 million VND/tael for selling, an increase of 400,000 VND/tael for buying and an increase of 600,000 VND/tael for selling compared to the closing price at the end of last week.

Thus, the domestic gold price today, December 23, increased sharply in both buying and selling directions compared to the closing price of last weekend at some major gold brands.

Giá vàng hôm nay 23/12/2024
Gold price today December 23, 2024. Photo PC

The latest gold price list today, December 23, 2024 is as follows:

Gold price today

December 23, 2024

(million dong)

Difference

(thousand dong/tael)

Buy Sell Buy Sell
SJC in Hanoi 81.8 83.8 - -
DOJI Group 82.4 84.4 - -
Red Eyelashes 84.2 85 - -
PNJ 82.4 84.4 - -
Vietinbank Gold - 83.8 - -
Bao Tin Minh Chau 82.4 84.4 - -
Bao Tin Manh Hai 82.4 84.4 - -
1. DOJI - Updated: 12/23/2024 08:42 - Time of the source website - / Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 82,300 ▼100K 84,300 ▼100K
AVPL/SJC HCM 82,300 ▼100K 84,300 ▼100K
AVPL/SJC DN 82,300 ▼100K 84,300 ▼100K
Raw material 9999 - HN 83,200 ▲400K 83,400 ▼100K
Raw material 999 - HN 83,100 ▲400K 83,300 ▼100K
AVPL/SJC Can Tho 82,300 ▼100K 84,300 ▼100K
2. PNJ - Updated: December 23, 2024 15:00 - Website supply time - / Compared to yesterday.
Type Buy Sell
HCMC - PNJ 83,800 ▲400K 84,500 ▲100K
HCMC - SJC 82,500 ▲100K 84,500 ▲100K
Hanoi - PNJ 83,800 ▲400K 84,500 ▲100K
Hanoi - SJC 82,500 ▲100K 84,500 ▲100K
Da Nang - PNJ 83,800 ▲400K 84,500 ▲100K
Da Nang - SJC 82,500 ▲100K 84,500 ▲100K
Western Region - PNJ 83,800 ▲400K 84,500 ▲100K
Western Region - SJC 82,500 ▲100K 84,500 ▲100K
Jewelry gold price - PNJ 83,800 ▲400K 84,500 ▲100K
Jewelry gold price - SJC 82,500 ▲100K 84,500 ▲100K
Jewelry gold price - Southeast PNJ 83,800 ▲400K
Jewelry gold price - SJC 82,500 ▲100K 84,500 ▲100K
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 83,800 ▲400K
Jewelry gold price - Jewelry gold 999.9 83,600 ▲200K 84,400 ▲200K
Jewelry gold price - Jewelry gold 999 83,520 ▲200K 84,320 ▲200K
Jewelry gold price - Jewelry gold 99 82,660 ▲200K 83,660 ▲200K
Jewelry gold price - 916 gold (22K) 76,410 ▲180K 77,410 ▲180K
Jewelry gold price - 750 gold (18K) 62,050 ▲150K 63,450 ▲150K
Jewelry gold price - 680 gold (16.3K) 56,140 ▲130K 57,540 ▲130K
Jewelry gold price - 650 gold (15.6K) 53,610 ▲130K 55,010 ▲130K
Jewelry gold price - 610 gold (14.6K) 50,230 ▲120K 51,630 ▲120K
Jewelry gold price - 585 gold (14K) 48,120 ▲110K 49,520 ▲110K
Jewelry gold price - 416 gold (10K) 33,860 ▲80K 35,260 ▲80K
Jewelry gold price - 375 gold (9K) 30,400 ▲70K 31,800 ▲70K
Jewelry gold price - 333 gold (8K) 26,600 ▲60K 0 ▼27940K
3. AJC - Updated: 12/23/2024 00:00 - Source website time - / Compared to yesterday.
Type Buy Sell
Jewelry 99.99 8,230 ▲70K 8,440 ▲70K
99.9 Jewelry 8,220 ▲70K 8,430 ▲70K
NL 99.99 8,240 ▲70K
Round ring not sealed in blister T.Binh 8,220 ▲70K
Round, 3A, Yellow T.Bình 8,320 ▲70K 8,450 ▲70K
Round, 3A, Yellow N.An 8,320 ▲70K 8,450 ▲70K
Round, 3A, Yellow Street, Hanoi 8,320 ▲70K 8,450 ▲70K
SJC Thai Binh pieces 8,250 ▲70K 8,450 ▲70K
SJC Nghe An pieces 8,250 ▲70K 8,450 ▲70K
SJC Hanoi Piece 8,250 ▲70K 8,450 ▲70K

World gold price today December 23, 2024 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was 2,621.59 USD/ounce. Today's gold price is unchanged compared to yesterday. Converted according to the USD exchange rate on the free market (25,780 VND/USD), the world gold price is about 81.4 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 2.4 million VND/tael higher than the international gold price.

Giá vàng hôm nay 23/12/2024:
World gold price developments in the past 24 hours.

Last week, domestic gold prices made strong adjustments, mainly downward, in line with the trend of world gold prices. SJC gold bar prices at major brands such as DOJI and Bao Tin Minh Chau decreased by 1.9 million VND/tael compared to last week. Gold ring prices at these two units also decreased by 1.03 million VND/tael.

However, with this sharp decline, gold bar holders suffered significant losses last week. When buying, they had to pay the high selling price of the business, while when selling, they received a lower purchase price, plus the price difference. Calculations show that investors could lose from 3.7 to 4.5 million VND/tael this week alone.

While the price of gold bars has decreased the buying and selling margin, the price of gold rings has had the opposite development. The difference between buying and selling prices has widened, mainly due to the sharp decrease in buying prices. Currently, the common difference of gold rings is from 1.5 to 1.8 million VND/tael.

Commenting on the gold price in 2025, the World Gold Council (WGC) said that if the market situation remains the same as it is now, the gold price in 2025 will increase more slowly than this year. In addition, if the wave of interest rate cuts is reversed, the precious metal will face many challenges.

Central bank buying and demand for safe havens have increased over the past few years, driven by global economic and political turmoil. Concerns about European sovereign debt, along with instability in the Middle East, Eastern Europe and elsewhere, have continued to push prices higher.

"Overall, the current situation is prompting investors to seek safe havens, such as gold, to hedge against risk," the WGC said.

In the medium and long term, many experts predict that gold prices will reach $3,000/ounce next year, but this increase is not expected to take place until the second half of 2025. At the same time, according to analysts, the price increase target for next year will be 13% instead of the strong increase of nearly 30% this year.

Multinational investment bank Goldman Sachs believes that gold demand will continue to increase as central banks continue to buy gold as a way to diversify their reserves, especially as the Chinese central bank increases its gold reserves, which will push the price of this precious metal to $3,000/ounce by the end of 2025.

Reference addresses of popular gold shops in Hanoi:

1. Bao Tin Minh Chau - 15 - 29 Tran Nhan Tong, Bui Thi Xuan, Hai Ba Trung, Hanoi

2. DOJI Gold and Gemstone Company - 5 Le Duan, Dien Bien, Ba Dinh, Hanoi

3. SJC store chain in the Northern region - 18 Tran Nhan Tong, Nguyen Du Ward, Hai Ba Trung District, Hanoi City

4. PNJ store chain in the Northern region - 222 Tran Duy Hung, Trung Hoa, Cau Giay, Hanoi

5. Phu Quy Gold and Silver - No. 30 Tran Nhan Tong, Hai Ba Trung, Hanoi

6. Ngoc Anh Gold and Silver – No. 47 Lo Duc, Pham Dinh Ho, Hai Ba Trung, Hanoi

7. Gold Quy Tung – No. 102 Khuong Dinh, Thanh Xuan, Hanoi

8. Bao Tin Lan Vy - No. 84A, Tran Duy Hung, Cau Giay, Hanoi

9. Hoang Anh Gold and Silver – No. 43 Thai Thinh, Dong Da, Hanoi

10. Huy Thanh Jewelry - No. 23/100 (old number: No. 30A, lane 8), Doi Can, Ba Dinh, Hanoi

Reference addresses of popular gold shops in Ho Chi Minh City:

1. Mi Hong Gold Shop - 306 Bui Huu Nghia, Ward 2, Binh Thanh District, HCMC

2. Kim Ngoc Thuy Gold Shop - 466 Hai Ba Trung, Tan Dinh Ward, District 1, HCMC

3. Saigon Jewelry Company Limited - 418-420 Nguyen Thi Minh Khai, Ward 5, District 3, HCMC

4. Tan Tien Jewelry - No. 161 Hanoi Highway, Thao Dien Ward, District 2, HCMC

5. Ngoc Tham Gold, Silver, Gemstones - No. 161 Hanoi Highway, Thao Dien Ward, District 2, HCMC

6. Kim Thanh Thao Gold Shop - 209 Tan Huong, Tan Quy Ward, Tan Phu District, HCMC

7. Kim Thanh Nam Gold Shop - 81A, Nguyen Duy Trinh, Binh Trung Tay Ward, District 2, HCMC

8. Kim Mai Gold Shop - 84C, Cong Quynh, Pham Ngu Lao Ward, District 1, HCMC

9. PNJ chain stores in the Southern region - Booth R011838, Ground floor, Diamond Plaza Shopping Center, 34 Le Duan, Ben Nghe Ward, District 1, HCMC

10. DOJI Gold and Gemstone Company – 81-85 Ham Nghi, Nguyen Thai Binh Ward, District 1, HCMC



Source: https://congthuong.vn/gia-vang-hom-nay-23122024-giam-sau-365665.html

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