Gold bar and gold ring prices today (December 12): World gold prices continued to increase for the third consecutive day, pushing SJC gold bars up and towards 87.5 million VND.
At the time of survey at 10:00 a.m. on December 12, 2024, the gold price on the trading floors of some companies was as follows:
The price of SJC gold was listed by Saigon Jewelry Company (SJC) at 84.8 - 87.3 million VND/tael (buy - sell), an increase of 400,000 VND/tael in both buying and selling compared to the closing price yesterday.
DOJI Gold and Gemstone Group announced the selling price of SJC gold bars at 84.8 - 87.3 million VND/tael (buy - sell), an increase of 400,000 VND/tael in both buying and selling directions compared to the closing price yesterday.
Meanwhile, banks such as ACB, Eximbank, and Sacombank raised the highest buying price of gold bars to about 85.5 million VND/tael, and selling price to 87.3 million VND/tael.
Meanwhile, Mi Hong Company traded gold bars at a lower price, buying at 84.9 million VND/tael and selling at 86.2 million VND/tael.
Particularly, Phu Quy SJC brand gold is being bought and sold at a price 200,000 VND higher.
Thus, domestic gold prices continued to increase sharply, with gold bar prices increasing by more than 1 million VND to nearly 87 million VND/tael, and gold ring prices of some brands approaching 86 million VND/tael.
 |
| Gold bar and gold ring prices today (December 12). Photo LA |
Regarding the price of gold rings, SJC Company traded 99.99 gold rings at 84.5 million VND/tael for purchase and 85.9 million VND/tael for sale, an increase of 100,000 VND/tael compared to yesterday. PNJ and DOJI companies raised the buying price of gold rings to 84.8 million VND/tael while the selling price was the same as SJC.
World gold prices rose sharply after the important US inflation report, when the consumer price index (CPI) in November increased by 2.7% compared to the same period last year, in line with market expectations. This may make investors believe that the Federal Reserve (FED) will continue its interest rate cut path at the monetary policy meeting taking place next week. When interest rates decrease, gold prices will benefit.
Currently, the world gold price converted according to the listed exchange rate is about 83 million VND/tael.
Gold prices are rising on the back of strong or solid CPI data, said David Meger, director of metals trading at High Ridge Futures. He said that inflation that has not picked up but remains steady will allow the Fed to almost certainly cut interest rates at the next FOMC meeting.
CME's FedWatch tool showed traders were pricing in a 95% chance the Fed will cut another 25 basis points at its December 17-18 meeting, compared with about an 86% chance before the inflation report.
“We expect gold prices to hit new highs in 2025, as bond yields decline throughout the year and geopolitical risks remain a driver of gold investment sentiment,” said Nitesh Shah, commodity strategist at WisdomTree. “We believe gold prices could reach $3,000 an ounce by the end of 2025.”
In addition to US economic data, investors will also look to Fed Chairman Powell's post-meeting comments for more details on future US policy, according to StoneX analyst Rhona O'Connell.
| 1. DOJI - Updated: 12/12/2024 08:45 - Time of the source website - ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 84,800 ▲400K | 87,300 ▲400K |
| AVPL/SJC HCM | 84,800 ▲400K | 87,300 ▲400K |
| AVPL/SJC DN | 84,800 ▲400K | 87,300 ▲400K |
| Raw material 9999 - HN | 84,700 ▲200K | 85,000 ▲200K |
| Raw material 999 - HN | 84,600 ▲200K | 84,900 ▲200K |
| AVPL/SJC Can Tho | 84,800 ▲400K | 87,300 ▲400K |
| 2. PNJ - Updated: 12/12/2024 09:30 - Website supply time - ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 84,800 ▲200K | 85,900 ▲100K |
| HCMC - SJC | 84,800 ▲200K | 87,300 ▲200K |
| Hanoi - PNJ | 84,800 ▲200K | 85,900 ▲100K |
| Hanoi - SJC | 84,800 ▲200K | 87,300 ▲200K |
| Da Nang - PNJ | 84,800 ▲200K | 85,900 ▲100K |
| Da Nang - SJC | 84,800 ▲200K | 87,300 ▲200K |
| Western Region - PNJ | 84,800 ▲200K | 85,900 ▲100K |
| Western Region - SJC | 84,800 ▲200K | 87,300 ▲200K |
| Jewelry gold price - PNJ | 84,800 ▲200K | 85,900 ▲100K |
| Jewelry gold price - SJC | 84,800 ▲200K | 87,300 ▲200K |
| Jewelry gold price - Southeast | PNJ | 84,800 ▲200K |
| Jewelry gold price - SJC | 84,800 ▲200K | 87,300 ▲200K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 84,800 ▲200K |
| Jewelry gold price - Jewelry gold 999.9 | 84,700 ▲200K | 85,500 ▲200K |
| Jewelry gold price - Jewelry gold 999 | 84,620 ▲200K | 85,420 ▲200K |
| Jewelry gold price - Jewelry gold 99 | 83,750 ▲200K | 84,750 ▲200K |
| Jewelry gold price - 916 gold (22K) | 77,920 ▲180K | 78,420 ▲180K |
| Jewelry gold price - 750 gold (18K) | 62,880 ▲150K | 64,280 ▲150K |
| Jewelry gold price - 680 gold (16.3K) | 56,890 ▲140K | 58,290 ▲140K |
| Jewelry gold price - 650 gold (15.6K) | 54,330 ▲130K | 55,730 ▲130K |
| Jewelry gold price - 610 gold (14.6K) | 50,910 ▲130K | 52,310 ▲130K |
| Jewelry gold price - 585 gold (14K) | 48,770 ▲120K | 50,170 ▲120K |
| Jewelry gold price - 416 gold (10K) | 34,320 ▲80K | 35,720 ▲80K |
| Jewelry gold price - 375 gold (9K) | 30,810 ▲70K | 32,210 ▲70K |
| Jewelry gold price - 333 gold (8K) | 26,970 ▲70K | 28,370 ▲70K |
| 3. AJC - Updated: 12/12/2024 00:00 - Source website time - ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| Jewelry 99.99 | 8,380 ▲40K | 8,610 ▲40K |
| 99.9 Jewelry | 8,370 ▲40K | 8,600 ▲40K |
| NL 99.99 | 8,390 ▲40K | |
| Round ring not sealed in blister T.Binh | 8,370 ▲40K | |
| Round, 3A, Yellow T.Bình | 8,470 ▲40K | 8,620 ▲40K |
| Round, 3A, Yellow N.An | 8,470 ▲40K | 8,620 ▲40K |
| Round N., 3A, Yellow Street, Hanoi | 8,470 ▲40K | 8,620 ▲40K |
| SJC Thai Binh pieces | 8,480 ▲40K | 8,730 ▲40K |
| SJC Nghe An pieces | 8,480 ▲40K | 8,730 ▲40K |
| SJC Hanoi Piece | 8,480 ▲40K | 8,730 ▲40K |
| 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-mieng-va-vang-nhan-hom-nay-1212-da-tang-keo-dai-363820.html
Comment (0)