Gold price today 12/25/2024: Gold prices stabilized in a sparse trading session due to the holiday as investors looked to the Fed's interest rate strategy...
Gold price today 12/25/2024
At the time of survey at 4:00 a.m. on December 25, 2024, the gold price on the trading floors of some companies was listed as follows:
The price of SJC gold was listed by Saigon Jewelry Company (SJC) at 82.3 million VND/tael for buying and 84.3 million VND/tael for selling, down 200,000 VND/tael for both buying and selling compared to the previous trading session. The difference between the buying price and selling price is 2.0 million VND.
DOJI listed the price of 9999 gold today at 82.3 million VND/tael for buying and 84.3 million VND/tael for selling, down 200,000 VND/tael for both buying and selling compared to the previous session. The difference between the buying price and selling price is 2.0 million VND.
Mi Hong Company in Ho Chi Minh City is also listing the price of rings at 83.6-84.3 million VND/tael, while the price of SJC gold is kept at 83.7-84.3 million VND/tael. Mi Hong is currently the gold dealer offering the highest buying price for gold rings and SJC gold among current gold trading enterprises.
At PNJ and Bao Tin Minh Chau, the price of gold rings also decreased by VND200,000/tael, bringing the price of plain gold rings crafted by PNJ down to VND83.6 - 84.3 million/tael; Bao Tin Minh Chau's Rong Thang Long gold traded at VND82.5 - 84.3 million/tael.
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| Gold price today December 25, 2024. Photo PC |
| 1. DOJI - Updated: 12/25/2024 15:19 - Time of the source website - ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 82,300 | 84,300 |
| AVPL/SJC HCM | 82,300 | 84,300 |
| AVPL/SJC DN | 82,300 | 84,300 |
| Raw material 9999 - HN | 83,200 | 83,400 |
| Raw material 999 - HN | 83,100 | 83,300 |
| AVPL/SJC Can Tho | 82,300 | 84,300 |
| 2. PNJ - Updated: December 26, 2024 03:30 - Website supply time - ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 83,600 | 84,300 |
| HCMC - SJC | 82,300 | 84,300 |
| Hanoi - PNJ | 83,600 | 84,300 |
| Hanoi - SJC | 82,300 | 84,300 |
| Da Nang - PNJ | 83,600 | 84,300 |
| Da Nang - SJC | 82,300 | 84,300 |
| Western Region - PNJ | 83,600 | 84,300 |
| Western Region - SJC | 82,300 | 84,300 |
| Jewelry gold price - PNJ | 83,600 | 84,300 |
| Jewelry gold price - SJC | 82,300 | 84,300 |
| Jewelry gold price - Southeast | PNJ | 83,600 |
| Jewelry gold price - SJC | 82,300 | 84,300 |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 83,600 |
| Jewelry gold price - Jewelry gold 999.9 | 83,400 | 84,200 |
| Jewelry gold price - Jewelry gold 999 | 83,320 | 84,120 |
| Jewelry gold price - Jewelry gold 99 | 82,460 | 83,460 |
| Jewelry gold price - 916 gold (22K) | 76,230 | 77,230 |
| Jewelry gold price - 750 gold (18K) | 61,900 | 63,300 |
| Jewelry gold price - 680 gold (16.3K) | 56,010 | 57,410 |
| Jewelry gold price - 650 gold (15.6K) | 53,480 | 54,880 |
| Jewelry gold price - 610 gold (14.6K) | 50,110 | 51,510 |
| Jewelry gold price - 585 gold (14K) | 48,010 | 49,410 |
| Jewelry gold price - 416 gold (10K) | 33,780 | 35,180 |
| Jewelry gold price - 375 gold (9K) | 30,330 | 31,730 |
| Jewelry gold price - 333 gold (8K) | 26,540 | 0 |
| 3. AJC - Updated: 12/25/2024 00:00 - Source website time - ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| Jewelry 99.99 | 8,220 | 8,430 |
| 99.9 Jewelry | 8,210 | 8,420 |
| NL 99.99 | 8,230 | |
| Round ring not sealed in blister T.Binh | 8,210 | |
| Round, 3A, Yellow T.Bình | 8,310 | 8,440 |
| Round, 3A, Yellow N.An | 8,310 | 8,440 |
| Round, 3A, Yellow Street, Hanoi | 8,310 | 8,440 |
| SJC Thai Binh pieces | 8,230 | 8,430 |
| SJC Nghe An pieces | 8,230 | 8,430 |
| SJC Hanoi Piece | 8,230 | 8,430 |
World gold price today December 25, 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 2,616.43 USD/ounce. Today's gold price decreased by 0.32% compared to yesterday. Converted according to the USD exchange rate on the free market (25,737 VND/USD), the world gold price is about 81.1 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 3.2 million VND/tael higher than the international gold price.
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| World gold price developments in the past 24 hours. |
Gold prices were steady in a thin holiday session as investors looked ahead to the U.S. Federal Reserve's interest rate strategy and President-elect Donald Trump's tariff policies, factors that could shape the metal's trajectory next year, Reuters reported.
“The current sideways trend seems to be largely due to the low liquidity environment,” said Zain Vawda, market analyst at OANDA’s MarketPulse.
Gold is set for a great 2024, poised for its best performance since 2010 with a 27% gain.
“A similar rally could occur in 2025, but this is largely dependent on geopolitical developments,” Vawda added. “Absent any unexpected geopolitical disruptions, the base case scenario sees gold prices hovering around $2,800 an ounce, driven by persistent risk and trade war concerns.”
Gold bullion is considered a safe investment in times of economic and geopolitical uncertainty.
Analysts have predicted that consecutive record highs in 2024 will set the stage for a similar rally in 2025, fueled by continued central bank buying, rising geopolitical tensions and Fed rate cuts.
However, the rally began to weaken in early November as the US dollar strengthened amid “Trump excitement”, dampening gold’s gains.
As Trump prepares to return to the White House in January, US investors are bracing for major policy changes in 2025, including higher trade tariffs, deregulation and tax changes, all of which could have inflationary effects.
“If (tariffs) are implemented, this will leave the US Federal Reserve with less room to continue cutting interest rates and we see the market already reducing expectations for this in 2025,” said Frank Watson , precious metals analyst at Kinesis Money.
While the Fed cut rates aggressively in September, November and December, it has signaled fewer cuts in 2025 as inflation remains high.
Higher interest rates increase the opportunity cost of holding non-yielding bullion.
Spot silver was steady at $29.65 an ounce, platinum rose 0.4% to $942.50 and palladium rose 1.8% to $946.11.
| 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-25122024-vang-cho-doi-dong-thai-tu-fed-366051.html
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