Slight increase at the beginning of the new year

Gold price today 01/01/2025

At the end of the trading session on December 31, the price of SJC gold bars at Saigon Jewelry Company, DOJI , Bao Tin Minh Chau and Phu Quy all listed the buying price at 82.2 million VND/tael and the selling price at 84.2 million VND/tael.

The price of SJC gold bars at Phu Quy is listed at 82.3 million VND/tael for buying and 84.2 million VND/tael for selling.

DOJI Gold and Gemstone Group announced the selling price of SJC gold bars at 82.3 - 84.3 million VND/tael (buy - sell), down 200,000 VND/tael in both buying and selling directions compared to the closing price on December 30.

Meanwhile, the price of gold rings of some gold brands in Hanoi has decreased compared to the beginning of the session. The price of Hung Thinh Vuong 9999 round gold rings at DOJI is currently listed at 83.3 - 84.2 million VND/tael, both down 300,000 VND/tael in buying price but keeping the selling price compared to the beginning of the session.

Saigon Jewelry Company (SJC) listed the price of SJC gold rings, type 1-5, at only VND82.2 - 84 million/tael (unchanged from the morning session). Bao Tin Minh Chau Gold listed the price of plain round rings at VND82.6 - 84.2 million, both down VND300,000/tael in buying and selling prices compared to the morning session.

Gold price today 01/01/2025. Photo PC

1. DOJI – Updated: 12/31/2024 09:26 – Source website time – ▼ / ▲ Compared to yesterday.
Type	Buy	Sell
AVPL/SJC HN	82,200	84,200
AVPL/SJC HCM	82,200	84,200
AVPL/SJC DN	82,200	84,200
Raw material 9999 – HN	83,300	83,600
Raw materials 999 – HN	83,200	83,500
AVPL/SJC Can Tho	82,200	84,200

2. PNJ – Updated: 01/01/2025 08:00 – Source website time – ▼ / ▲ Compared to yesterday.
Type	Buy	Sell
HCMC – PNJ	83,400	84,200
HCMC – SJC	82,200	84,200
Hanoi – PNJ	83,400	84,200
Hanoi – SJC	82,200	84,200
Da Nang – PNJ	83,400	84,200
Da Nang – SJC	82,200	84,200
Western Region – PNJ	83,400	84,200
Western Region – SJC	82,200	84,200
Jewelry gold price – PNJ	83,400	84,200
Jewelry gold price – SJC	82,200	84,200
Gold jewelry price – Southeast	PNJ	83,400
Jewelry gold price – SJC	82,200	84,200
Jewelry gold price – Jewelry gold price	PNJ 999.9 Plain Ring	83,400
Jewelry gold price – Jewelry gold 999.9	83,400	84,200
Jewelry gold price – 999 jewelry gold	83,320	84,120
Jewelry gold price – 99 jewelry gold	82,460	83,460
Jewelry Gold Price – 916 Gold (22K)	76,230	77,230
Jewelry Gold Price – 750 Gold (18K)	61,900	63,300
Jewelry gold price – 680 gold (16.3K)	56,010	57,410
Jewelry Gold Price – 650 Gold (15.6K)	53,480	54,880
Jewelry Gold Price – 610 Gold (14.6K)	50,110	51,510
Jewelry Gold Price – 585 Gold (14K)	48,010	49,410
Jewelry Gold Price – 416 Gold (10K)	33,780	35,180
Jewelry gold price – 375 gold (9K)	30,330	31,730
Jewelry Gold Price – 333 Gold (8K)	26,540	27,940

3. AJC – Updated: 12/31/2024 00:00 – Source website time – ▼ / ▲ Compared to yesterday.
Type	Buy	Sell
Jewelry 99.99	8,210	8,420
99.9 Jewelry	8,200	8,410
NL 99.99	8,220
Round ring not sealed in blister T.Binh	8,200
Round, 3A, Yellow T.Bình	8,300	8,430
Round, 3A, Yellow N.An	8,300	8,430
Round N., 3A, Yellow Street, Hanoi	8,300	8,430
SJC Thai Binh pieces	8,220	8,420
SJC Nghe An pieces	8,220	8,420
SJC Hanoi Piece	8,220	8,420

World gold price today 01/01/2025 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 2,623.8 USD/ounce. Today's gold price increased by 0.69% compared to yesterday. Converted according to the USD exchange rate on the free market (25,716 VND/USD), the world gold price is about 81.3 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 2.9 million VND/tael higher than the international gold price.

World gold price developments in the past 24 hours.

Gold prices have surged more than 27% this year, their biggest annual gain since 2010, driven by safe-haven demand and central bank rate cuts, although sentiment could turn more cautious depending on policy shifts under a second term as president of Donald Trump .

Heavy central bank buying, geopolitical uncertainty and loose monetary policy have driven safe-haven gold to record highs in 2024, taking prices to an all-time high of $2,790.15 on October 31.

Analysts expect the factors that supported bullion in 2024 to continue into 2025, although they also point to potential headwinds from Trump's policies that could increase inflation and slow the Federal Reserve's rate cuts.

“Gold is in a long-term uptrend next year, but it won’t be as monotonous as it was in 2024,” said Nicky Shiels, director of metals strategy at MKS PAMP SA.

“The peak of political fear has passed after Trump’s decisive victory… Central bank buying will continue at a similar pace in 2025, but flows will remain more cautious due to Trump’s tariff threat against countries seen as actively de-dollarizing.”

Bullion thrives in a low-interest-rate environment, acting as a hedge against economic and geopolitical risks. The rally lost steam in November as the dollar strengthened on “Trump excitement.”

“We believe the gold bull market paused after the US presidential election but will resume in 2025 as the US labor market continues to deteriorate, interest rates remain high, weighing on growth, and ETF demand continues to rise,” said Tom Mulqueen, metals strategist at Citi Global Markets.

Elsewhere, spot silver fell 0.3% to $28.87 an ounce, palladium rose 0.9% to $908.67 and platinum fell 0.1% to $903.15.

Silver is on track for its best year since 2020, up nearly 22% so far. Platinum and palladium are set for annual losses, down more than 8% and 17%, respectively.

Citi's Mulqueen predicts silver prices will rise to $36 an ounce due to large market deficits and Fed rate cuts through 2025. Citing headwinds to industrial demand growth through 2025, he does not expect silver to outperform gold.

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 North – 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

Source: https://congthuong.vn/gia-vang-hom-nay-01012025-tang-nhe-dau-nam-moi-367305.html