Gold price today February 3, 2025: Last week, the world gold price exceeded 2,817 USD/ounce, reaching the highest level ever. Next week, the price may be higher...
Gold price today 02/03/2025
The domestic gold market has no price fluctuations, because it is the Lunar New Year holiday, so gold and jewelry companies as well as the banking sector will stop trading. Gold trading enterprises are currently anchoring prices at high levels, with large differences to prevent risks from fluctuations in international gold prices.
As of January 27, SJC Company listed the buying/selling price of gold bars at VND86.6 million/tael and VND88.8 million/tael, respectively. DOJI Group, PNJ, Phu Quy and Bao Tin Minh Chau also adjusted the price of gold bars similar to SJC Company. As of January 27, the price of SJC gold bars in the whole market was trading around VND86.4 - 88.9 million/tael.
Compared to the beginning of the month, the buying price of gold bars only increased by more than 3 million VND/tael, but the selling price increased by 4 million VND/tael. The buying/selling price of SJC gold bars recorded an increase of 4% and 5% respectively compared to the beginning of the month.
The price of gold rings of domestic business brands is also adjusted to closely follow the price of gold bars. Specifically, on January 27, SJC listed the price of SJC gold rings at 86.3 million VND/tael for buying and 88 million VND/tael for selling. Compared to the first trading session of the month, the price of SJC gold rings has increased by nearly 5%.
During the week, gold prices recorded a low of $2,731 and a weekly high of $2,817.21 an ounce on Friday.
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| Gold price today February 3, 2025. Photo PC |
The latest gold price list today, February 3, 2025 is as follows:
| Gold price today | February 3, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 86.8 | 88.8 | - | - |
| DOJI Group | 86.9 | 88.9 | - | - |
| Red Eyelashes | 86.4 | 87.7 | - | - |
| PNJ | 86.8 | 88.8 | - | - |
| Vietcombank Gold | 88.8 | - | ||
| Bao Tin Minh Chau | 86.9 | 88.9 | - | - |
| Bao Tin Manh Hai | 86.9 | 88.9 | - | - |
| 1. DOJI - Updated: 01/24/2025 11:01 - Time of the source website - ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 86,900 | 88,900 |
| AVPL/SJC HCM | 86,900 | 88,900 |
| AVPL/SJC DN | 86,900 | 88,900 |
| Raw material 9999 - HN | 86,400 | 87,200 |
| Raw material 999 - HN | 86,300 | 87,100 |
| AVPL/SJC Can Tho | 86,900 | 88,900 |
| 2. AJC - Updated: 2025-01-24 00:00 - Source website time - ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| Jewelry 99.99 | 8,560 | 8,870 |
| 99.9 Jewelry | 8,550 | 8,860 |
| NL 99.99 | 8,560 | |
| Round ring not sealed in blister T.Binh | 8,550 | |
| Round, 3A, Yellow T.Bình | 8,650 | 8,880 |
| Round, 3A, Yellow N.An | 8,650 | 8,880 |
| Round N., 3A, Yellow Street, Hanoi | 8,650 | 8,880 |
| SJC Thai Binh pieces | 8,690 | 8,890 |
| SJC Nghe An pieces | 8,690 | 8,890 |
| SJC Hanoi Piece | 8,690 | 8,890 |
World gold price today February 3, 2025 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 2,799.61 USD/ounce. Today's gold price is unchanged compared to yesterday. Converted according to the USD exchange rate on the free market (25,432 VND/USD), the world gold price is about 85.8 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 3 million VND/tael higher than the international gold price.
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| World gold price developments in the past 24 hours. |
At the end of the trading week from January 27 to February 2 (Vietnam time), the world gold price closed the week at 2,798 USD/ounce, up 68 USD compared to the bottom of the week.
Notably, in the early morning trading session of January 31, the world gold price at one point exceeded 2,817 USD/ounce, officially breaking the record of 2,790 USD set at the end of October 2024.
According to experts, the main driving force for the surge in gold prices comes from the new move of the US Federal Reserve (Fed). After the monetary policy meeting on January 30, the Fed decided to keep interest rates unchanged, while signaling that the monetary easing cycle may end sooner than expected.
Besides geopolitical uncertainty, markets will closely monitor economic data next week to assess the US Federal Reserve's monetary policy direction.
Midweek, after keeping interest rates unchanged, Fed Chairman Jerome Powell said the US central bank was in no rush to cut interest rates, due to persistent inflationary pressures and a strong labor market recovery.
The US core personal consumption expenditures index report showed inflation rose 2.8% over the past 12 months, unchanged from October and November figures. While inflation remains steady, analysts warn that tariffs and a potential trade war could quickly push prices higher.
After the inflation data is released, investors will turn their attention to the labor market next week, especially non-farm payrolls data due on Friday.
Comerica Bank chief economist Bill Adams noted that the cold snap in January could weigh on job growth, potentially fueling expectations that the Fed will continue to ease policy.
Additionally, the latest Kitco News weekly gold survey shows that both professionals and retail traders remain bullish on the precious metal in the near future.
This week, 13 major Wall Street investors participated in the Kitco News Gold Survey. The majority of analysts see gold prices rising in the coming days, though not as much as last week’s high. Nine experts, or 69 percent, see gold prices rising above this week’s record next week. Four analysts, or 31 percent, see the precious metal falling. None see gold moving sideways next week.
Meanwhile, 101 Main Street retail investors, or 69%, of the 147 investors who participated in Kitco News’ online poll expect gold prices to rise next week. Another 27, or 18%, expect gold prices to trade lower. The remaining 19 investors, or 13%, are neutral.
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-03022025-tien-sat-ki-luc-moi-371965.html
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