Update SJC gold price
As of 7:00 p.m., the price of SJC gold bars was listed by Saigon Jewelry Company at 82.7-84.7 million VND/tael (buy - sell).
Compared to the closing price of last week's trading session, the price of SJC gold bars at Saigon Jewelry Company increased by VND900,000/tael for both buying and selling. The difference between the buying and selling prices of SJC gold at DOJI Group is at VND2 million/tael.
Meanwhile, DOJI Group listed the price of SJC gold at 82.7-84.7 million VND/tael (buy - sell).
Compared to the closing price of last week's trading session, the price of SJC gold bars at DOJI increased by VND300,000/tael for both buying and selling. The difference between the buying and selling prices of SJC gold at DOJI Group is at VND2 million/tael.
If you buy SJC gold at DOJI Group on December 22 and sell it today (December 29), investors will lose 1.7 million VND/tael. Meanwhile, those who buy gold at Saigon SJC Jewelry Company will lose 1.1 million VND/tael.
Currently, the difference between the buying and selling price of gold is listed at around 2 million VND/tael. Experts say this difference is very high, causing investors to face the risk of losing money when investing in the short term.
Price of round gold ring 9999
As of 5:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 83.85-84.7 million VND/tael (buy - sell); an increase of 950,000 VND/tael for buying and an increase of 300,000 VND/tael for selling compared to the closing price of last week's trading session.
Bao Tin Minh Chau listed the price of gold rings at 83.1-84.7 million VND/tael (buy - sell); an increase of 400,000 VND/tael for buying and 300,000 VND/tael for selling compared to the closing price of last week's trading session.
After a slight increase in the week, if buying gold rings in the session of December 22 and selling in today's session (December 29), the loss that investors will have to accept when buying at DOJI and Bao Tin Minh Chau is 550,000 VND/tael and 1.3 million VND/tael, respectively.
In recent sessions, the price of gold rings has often fluctuated in the same direction as the world market. Investors can refer to the world market and expert opinions before making investment decisions.
World gold price
As of 5:20 p.m., the world gold price listed on Kitco was at 2,622 USD/ounce, down 1.6 USD/ounce compared to the closing price of last week's trading session.
Gold Price Forecast
World gold prices fell despite a slight decrease in the USD index. Recorded at 5:20 p.m. on December 29, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 107.790 points (down 0.13%).
World gold had a low trading week with prices not much fluctuation as the US market and other places took a break for Christmas. As the world enters the New Year holiday in 2025, many analysts believe that the market will continue to be quiet, there will not be much fluctuation in the gold market.
James Hyerczyk, market analyst at FX Empire, said gold's recovery this week was underpinned by escalating geopolitical tensions.
Investors are closely watching conflicts in Eastern Europe and the Middle East, but he said the short-term outlook for gold remains bearish as rising yields and the strength of the US dollar outweigh geopolitical risks.
Meanwhile, commodity strategists at TD Securities said that gold prices could see a short-term correction as investors reduce their long positions, but persistent inflation and geopolitical uncertainty will ensure that the yellow metal will not fall into 2025...
Next week, investors and experts will focus on important economic data from the US, as global markets prepare to enter the new year with many expectations and challenges.
Monday (December 30, 2024): The US pending home sales report is due out, a key gauge of the health of the housing market, which is facing pressure from high interest rates.
Wednesday (January 1, 2025): On the first day of the new year 2025, global financial markets will take a break from trading to welcome the new year.
Thursday (January 2, 2025): Weekly US jobless claims data is expected to provide a clearer view of the labor market - a key factor in the US Federal Reserve's (FED) policy decisions.
Friday (January 3, 2025): The ISM Manufacturing PMI, a key indicator of economic activity in the manufacturing sector, will be released. Analysts expect the index to reveal growth as well as challenges in the US manufacturing industry.
See more news related to gold prices HERE...
