Gold price today January 25: Towards all-time high

Update SJC gold price

As of 9:30 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND86.8-88.8 million/tael (buy - sell); down VND100,000/tael for both buying and selling.

The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.

Meanwhile, the price of SJC gold bars listed by DOJI Group is at 86.9-88.9 million VND/tael (buy - sell); an increase of 400,000 VND/tael for both buying and selling.

The difference between buying and selling prices of SJC gold at DOJI Group is at 2 million VND/tael.

Bao Tin Minh Chau listed SJC gold price at 86.8-88.8 million VND/tael (buy - sell); down 100,000 VND/tael for both buying and selling.

The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2 million VND/tael.

Currently, the difference between buying and selling gold prices is listed at around 2 million VND/tael. Experts say this difference is still very high. The difference between buying and selling prices is a factor that investors need to consider when participating in the gold market. It directly affects the ability to make a profit, especially in the short term.

Price of round gold ring 9999

As of 9:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 86.6-88.1 million VND/tael (buy - sell); an increase of 700,000 VND/tael for buying and an increase of 400,000 VND/tael for selling compared to early this morning.

Bao Tin Minh Chau listed the price of gold rings at 86.6-88.8 million VND/tael (buy - sell), an increase of 400,000 VND/tael for buying and an increase of 100,000 VND/tael for selling compared to early this morning.

World gold price

As of 9:30 a.m., the world gold price listed on Kitco was at 2,770.8 USD/ounce, down 0.5 USD/ounce compared to the beginning of the previous trading session.

Gold Price Forecast

World gold prices fell slightly despite the decline of the USD. Recorded at 9:38 a.m. on January 25, the US Dollar Index, which measures the fluctuations of the greenback against 6 major currencies, was at 107.270 points (down 0.55%).

Gold prices are approaching an all-time high, with some analysts saying the rally is just getting started after hitting a record against the Japanese yen.

According to Kitco News, gold prices rose sharply against the Yen after the Bank of Japan (BOJ) raised interest rates to 0.5%, the highest in 17 years. At the same time, the bank also signaled the possibility of further tightening.

“If the expectations presented in the January outlook report materialize, the BOJ will continue to raise the policy rate and adjust the level of monetary support,” the BOJ said in its monetary policy statement.

The BoJ also warned that “the healthy cycle between wages and prices will continue to strengthen” as businesses increasingly aim to raise wages and prices.

Gold prices received support from comments from Donald Trump, which appeared to be more conciliatory on US-China trade relations. These comments supported gold prices but put pressure on the USD index.

Jim Wyckoff, senior analyst at Kitco, said the market was somewhat calmed overnight after Trump appeared to soften his stance on China, saying in an interview with Fox News that he “would prefer” not to resort to tariffs.

“Wall Street is optimistic that Mr. Trump, who famously used rising stock prices as a measure of success in his first term, will not implement the harsh policies in his agenda, which have raised concerns about the inflation outlook and the national finances,” Bloomberg reported.

“Of course, it’s a gamble, with Trump’s high-profile comments expected next week amid an already busy trading period thanks to the Fed’s policy meeting and a big tech earnings season,” Bloomberg added.

In a speech on Thursday, Mr. Trump said he would “demand” that the Fed lower interest rates immediately.

In an interview with Kitco News, Michele Schneider, chief strategist at MarketGauge, shared a bullish view on gold, stressing that tight monetary policies are a sign of a larger problem, which is inflation.

Schneider explained that the world is facing a new inflationary threat, with supply issues likely to push up prices for commodities such as food and essential metals. For example, recent severe droughts have pushed coffee prices to record levels.