Gold price today 01/05/2025
At the time of survey at 4:30 a.m. on January 5, 2025, the gold price on the trading floors of some companies was listed as follows:
The price of SJC gold is listed by Saigon Jewelry Company (SJC) at 84 million VND/tael for buying and 85.5 million VND/tael for selling, unchanged in both directions. The difference between the buying price and the selling price is 1.5 million VND.
DOJI listed the price of 9999 gold today at 84 million VND/tael for buying - 85.5 million VND/tael for selling, unchanged in both buying and selling compared to yesterday. The difference between the buying and selling prices is 1.5 million VND.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 84.8-85.5 million VND/tael for buying and selling. Compared to yesterday, the buying price decreased by 100,000 VND/tael, the selling price remained the same as yesterday.
PNJ gold price is being bought at 84.0 million VND/tael and sold at 85.5 million VND/tael, down 400,000 VND/tael for buying and unchanged for selling compared to yesterday.
SJC gold price at Bao Tin Minh Chau Company Limited is traded at 84.1-85.5 million VND/tael (buying - selling, up 100,000 VND/tael for buying - unchanged for selling compared to yesterday.
At Bao Tin Manh Hai, the price is also being traded at 84.1-85.5 million VND/tael (buy - sell), an increase of 100,000 VND/tael for buying - unchanged for selling compared to yesterday.
The group of state-owned joint stock commercial banks (Vietcombank, Vietinbank, Agribank , BIDV) listed the price of SJC gold bars at 85.5 million VND/tael.
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| Gold price today January 5, 2025. Photo PC |
The latest gold price list today, January 5, 2025 is as follows:
| Gold price today | January 5, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 84 | 85.5 | – | – |
| DOJI Group | 84 | 85.5 | – | – |
| Red Eyelashes | 84.8 | 85.5 | -100 | – |
| PNJ | 84 | 85.5 | – | – |
| Vietinbank Gold | – | 85.5 | – | |
| Bao Tin Minh Chau | 84.1 | 85.5 | +100 | – |
| Bao Tin Manh Hai | 84.1 | 85.5 | +100 | – |
World gold price today January 5, 2025 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 2,639.91 USD/ounce. Today's gold price increased by 0.09% compared to yesterday. Converted according to the USD exchange rate on the free market (25,770 VND/USD), the world gold price is about 82 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 3.5 million VND/tael higher than the international gold price.
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| World gold price developments in the past 24 hours. |
Gold prices just ended 2024 with their strongest gain since 2010, surpassing the S&P 500 Index. With a gain of more than 27% in 2024, gold prices hit their highest peak since mid-December at more than $2,670 an ounce, the largest annual gain for the precious metal in 14 years.
Analysts at JPMorgan expect gold prices to continue their upward trend and could reach $3,000 per ounce by 2025. They emphasize that gold remains an effective hedge against macroeconomic uncertainties that are expected to increase as the Trump administration begins its new term.
On Thursday, the world gold price rose to a three-week high. However, by Friday's trading session, the precious metal had declined. The decline continued today, Saturday, January 4.
Gold’s appeal has been weighed down by a recent surge in U.S. Treasury yields. The gold market has also struggled to find momentum and could face further challenges as U.S. manufacturing activity improved, moving closer to neutral, according to the latest data from the Institute for Supply Management (ISM).
ISM announced Friday that its manufacturing Purchasing Managers' Index (PMI) rose to 49.3 in December, up from 48.4 in November. While the manufacturing sector remained in contraction territory, the figure was better than expected, with consensus forecasts calling for a flat reading of around 48.2.
Strong demand from Asian markets will help gold prices avoid further downside pressure, despite rising US dollar and bond yields, according to brokerage SP Angel. Gold prices have recently risen mainly due to concerns related to the upcoming tax policies of the Donald Trump administration, including the possibility of re-imposing additional tariffs.
Trading Economics said the current gold rally is being driven by loose US monetary policy, record gold purchases from central banks and persistent geopolitical tensions, including Russian drone attacks in Kyiv and Israeli military moves in Gaza.
Analyst James Hyerczyk from FX Empire said that gold prices have a positive outlook thanks to a combination of factors such as tariff policies under President-elect Donald Trump, rising inflation and the US Federal Reserve's slower rate cutting process.
The World Gold Council said that continued buying by central banks around the world is an important factor supporting gold prices. This year, many other forces are also driving the increase in the value of this precious metal.
| 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 North – 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 Jewelry – 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 of 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 |
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