Domestic gold price today January 3, 2024
Early morning of January 3 , SJC gold price 9999 today increased by 500 thousand VND/tael in both buying and selling compared to yesterday's closing price.
The price of 9999 gold was updated by Saigon Jewelry Company Limited (SJC) at 8:54 a.m. and the price of 9999 gold was listed by DOJI Jewelry Group at 8:25 a.m. as follows:
| Buy | Sell | |
| SJC Hanoi | 72,500,000 VND/tael | 75,520,000 VND/tael |
| SJC HCMC | 72,500,000 VND/tael | 75,500,000 VND/tael |
| SJC Danang | 72,500,000 VND/tael | 75,520,000 VND/tael |
| DOJI Hanoi | 72,000,000 VND/tael | 75,000,000 VND/tael |
| DOJI HCMC | 72,000,000 VND/tael | 75,000,000 VND/tael |
SJC and DOJI gold price list updated early morning 3/1
At the end of the trading session on January 2, the domestic price of 9999 gold today was listed by SJC and DOJI Gold and Gemstone Group in the following order of buying and selling:
SJC Hanoi: 72,000,000 VND/tael - 75,000,000 VND/tael
DOJI Hanoi: 72,000,000 VND/tael - 75,000,000 VND/tael
SJC HCMC: 72,000,000 VND/tael - 75,020,000 VND/tael
DOJI HCMC: 72,000,000 VND/tael - 75,000,000 VND/tael
The central exchange rate on January 3, 2024 announced by the State Bank is 23,848 VND/USD, an increase of 38 VND compared to the previous session. The USD price at commercial banks this morning (January 3) was listed at 24,120 VND/USD (buy) and 24,4290 VND/USD (sell).
International gold price today 1/3/2024
At 9:00 a.m. today (January 3, Vietnam time), the world spot gold price stood at around 2,061.3 USD/ounce, down 5.7 USD/ounce compared to last night. The price of gold futures for February 2024 on the Comex New York floor was at 2,069.5 USD/ounce.
On the night of January 2 (Vietnam time), the spot gold price today on the world market stood at around 2,067 USD/ounce. Gold for February 2024 delivery on the Comex New York floor was at 2,079 USD/ounce.
The world gold price on the night of January 2 was about 13.3% higher (243 USD/ounce) than at the beginning of 2023. World gold converted to the bank USD price was 61.6 million VND/tael, including taxes and fees, about 13.4 million VND/tael lower than the domestic gold price as of the end of the afternoon session on January 2.
Gold prices on the world market fluctuated around record highs while domestic SJC gold bar prices also increased quite rapidly, although they were still far from the historical peak recorded at the end of last year. The USD recovered strongly.
Domestically, the price of SJC gold bars was continuously adjusted in the first session of the new year - January 2. After many adjustments, the price of SJC gold bars increased by more than 1 million VND/tael compared to the price at the end of 2023 and returned to the threshold of over 75 million VND/tael.
Previously, on the morning of December 26, the price of SJC gold bars reached a record peak of VND80.3 million/tael (the price sold by businesses) and the difference with the converted world price at times reached VND18 million/tael. The difference between the buying and selling prices at times reached nearly VND6 million/tael.
The gap with world prices decreased rapidly and the price of SJC gold bars then dropped sharply, at times down to 71-73 million VND/tael after the Prime Minister issued urgent instructions on gold and the State Bank also voiced its readiness to intervene to stabilize the market.
However, the price of SJC gold bars increased again in the first trading session of the new year in the context of the world gold price inching up and the USD/VND exchange rate also increasing again.
The USD/VND exchange rate at Vietcombank on January 2 rose to 24,495 VND/USD (selling price), compared to 24,420 VND/USD in the last session of 2023.
USD in the international market also increased quite rapidly.
The DXY index - measuring the USD's fluctuations against a basket of six major currencies - continued to increase again on the morning of January 2 to 102.1 points, compared to below 101 points before New Year's Day 2024.
The US dollar has increased but the world gold price remains quite high. This shows that the demand for this commodity is quite large. In Asia, some countries are at the peak of gold consumption, such as India and China.
Gold Price Forecast
Despite the USD’s rise, the US currency is still in a long-term downtrend. The US Federal Reserve (Fed) is expected to cut interest rates three times in 2024.
World gold is still around the historical peak in the context of strong increase in oil price. Brent oil has reached nearly 79 USD/barrel.
Escalating tensions in the Red Sea region have also helped keep gold prices high. Investors fear a nightmare scenario where the Red Sea crisis spills over into a regional war.
Recently, experts from ANZ Bank predicted that gold prices will reach $2,200/ounce in the next 12 months. The risk of escalating tensions in the Middle East will also support this precious metal.
Source
![[Photo] Journalists moved to tears at the Memorial Service for the soldiers who died in Gac Ma](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/5/30/9454613a55c54c16bf8c0efa51883456)
![[Photo] General Secretary To Lam receives Chief of the Central Office of the Lao People's Revolutionary Party](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/5/30/140435f4b39d4599a3d17975dfb444c5)
![[Photo] National Conference "100 years of Vietnamese Revolutionary Press accompanying the glorious cause of the Party and the nation"](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/5/30/1cf6cd5c8a934ebfa347028dcb08358c)
![[Photo] A delegation of 100 journalists from the Vietnam Journalists Association visits the soldiers and people of Truong Sa island district.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/5/30/0984a986227d4e988177f560d2e1563e)
Comment (0)