Domestic gold price this afternoon 7/3/2024
At the time of survey at 2:00 p.m. on July 3, 2024, the gold price today, July 3, on the trading floors of some companies is as follows:
The price of SJC gold listed by the gold house is 74.98 million VND/tael for buying and 76.98 million VND/tael for selling.
This afternoon, DOJI listed the price of 9999 gold at 74.98 million VND/tael for buying and 76.98 million VND/tael for selling.
At Mi Hong Gold and Gemstone Company, the price of Mi Hong gold at the time of survey listed the price of SJC gold at 76.20 - 76.98 million VND/tael (buy - sell).
SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 75.50 - 76.98 million VND/tael (buy - sell). Meanwhile, at Bao Tin Manh Hai, it is being traded at 76.00 - 76.98 million VND/tael (buy - sell).
SJC gold bars continued to record a 27th day of stagnation with the buying price at 74.98 million VND/tael and the selling price at 76.98 million VND/tael. Currently, the difference between domestic gold price and world gold price is 4.3 million VND/tael.
Gold rings in today's trading session recorded a slight decrease with a decrease of about 50,000 - 200,000 VND/tael compared to yesterday. Currently, the common buying price is at 74-75 million VND/tael, while the selling price is about 75.7-76.0 million VND/tael.
Specifically, SJC Company decreased by 50,000 VND/tael compared to yesterday to 74.0-75.7 million VND/tael. DOJI Group also decreased by 100,000 VND/tael to 74.8-76.1 million VND/tael. At Bao Tin Minh Chau, the company traded plain round gold rings at 74.86 million VND/tael for buying and 76.16 million VND/tael for selling, down 200,000 VND/tael.
The central exchange rate listed by the State Bank is 24,258 VND/USD, up 5 VND/USD. The USD price at commercial banks is traded around 25,220 VND/USD for buying and 25,470 VND/USD for selling.
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| Gold price today July 3, 2024, SJC gold price, 9999 gold price, 24k gold price, 18k gold price July 3, 2024. Photo: Tra My |
| 1. DOJI – Updated: 07/03/2024 14:31 – Source website time – ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 74,980 | 76,980 |
| AVPL/SJC HCM | 74,980 | 76,980 |
| AVPL/SJC DN | 74,980 | 76,980 |
| Raw material 9999 – HN | 74,400 ▲150K | 75,000 ▲150K |
| Raw materials 999 – HN | 74,300 ▲150K | 74,900 ▲150K |
| AVPL/SJC Can Tho | 74,980 | 76,980 |
| 2. PNJ – Updated: 07/03/2024 14:32 – Time of the source website – ▼ / ▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC – PNJ | 74,100 ▲150K | 75,800 ▲200K |
| HCMC – SJC | 74,980 | 76,980 |
| Hanoi – PNJ | 74,100 ▲150K | 75,800 ▲200K |
| Hanoi – SJC | 74,980 | 76,980 |
| Da Nang – PNJ | 74,100 ▲150K | 75,800 ▲200K |
| Da Nang – SJC | 74,980 | 76,980 |
| Western Region – PNJ | 74,100 ▲150K | 75,800 ▲200K |
| Western Region – SJC | 74,980 | 76,980 |
| Jewelry gold price – PNJ | 74,100 ▲150K | 75,800 ▲200K |
| Jewelry gold price – SJC | 74,980 | 76,980 |
| Gold jewelry price – Southeast | PNJ | 74,100 ▲150K |
| Jewelry gold price – SJC | 74,980 | 76,980 |
| Jewelry gold price – Jewelry gold price | PNJ Ring (24K) | 74,100 ▲150K |
| Jewelry Gold Price – 24K Jewelry | 74,000 ▲100K | 74,800 ▲100K |
| Jewelry Gold Price – 18K Jewelry | 54,850 ▲70K | 56,250 ▲70K |
| Jewelry Gold Price – 14K Jewelry | 42,510 ▲60K | 43,910 ▲60K |
| Jewelry Gold Price – 10K Jewelry | 29,870 ▲40K | 31,270 ▲40K |
World gold price today 7/3/2024 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 2:00 p.m. today, Vietnam time, was at 2,332.66 USD/ounce. Today's gold price increased by 6.4 USD/ounce compared to yesterday's gold price. Converted according to the current exchange rate at Vietcombank, the world gold price is about 70.679 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is still 4.301 million VND/tael higher than the international gold price.
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| Gold price fluctuation chart in the last 24 hours |
World gold price stood at 2,332.66 USD/ounce, up 6.4 USD/ounce compared to the same trading session yesterday. The precious metal suddenly increased again in the context of the US Dollar falling from the 106 point mark to 105.8 points in today's trading session.
Markets are looking ahead to comments from Federal Reserve Chairman Jerome Powell and European Central Bank President Christine Lagarde on Tuesday morning, where Powell said the Fed has made “a lot of progress” in getting inflation back to its 2% target, while the labor market remains strong and growth continues. The Fed expects this progress to continue.
Gold Price Forecast
Phillip Streible, an analyst at Blue Line Futures, commented that the gold market is very sensitive to any discussion about interest rates or anything related to the Fed's monetary policy. Therefore, most gold investors are still in the wait and see phase.
The precious metal still tends to rebound quickly every time it falls to the threshold of 2,300 USD/ounce. Demand for gold is forecast to be very high. In May, the People's Bank of China (PBOC) unexpectedly stopped buying gold, ending the previous 18-month net buying streak. Many other central banks also reduced their purchases.
Many forecasts say that PBOC will continue to buy gold because the proportion of gold in the country's foreign exchange reserves is still very low, only 4.9%. Meanwhile, Beijing wants to reduce its dependence on the US dollar.
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