Gold price today 12/24: Reversing and rising sharply, setting a new record

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World gold price

World gold price today 24/12, the latest world gold price list, the world gold price currently traded on the Kitco floor is currently standing at 1,809 USD/ounce, up 6 USD/ounce.

The world gold price increased today and stayed above the threshold of 1,800 USD/ounce amid rising inflationary pressure.

After the US announced that its economic growth reached 2.3% in the third quarter and is slowing down significantly after the increase of 6.7% in the second quarter due to the impact of the pandemic.

Gold price is still in an uptrend in the short-term, but the uptrend of precious metals is hindered when the cash flow looks to riskier assets including stocks.

Domestic gold price

Domestic gold price today December 24 also followed the uptrend of the world gold price, which jumped sharply, surpassing the threshold of 61 million dong/tael.

Gold price today 12/24: Reversing and gaining strongly, setting a new record 1
Gold price today, domestic gold price reversed and increased sharply on the occasion of the holiday. Photo: Internet

The latest update on domestic gold prices at 6:00 am on December 24 is as follows:

Doji gold price in Hanoi is listed at 60.90 – 61.50 million VND/tael bought and sold.

Doji gold price in Ho Chi Minh City is listed at 60.80 – 61.60 million VND/tael bought and sold.

SJC gold price in Hanoi is currently listed at 60.90 – 61.62 million VND/tael bought and sold.

SJC gold price in Ho Chi Minh City is currently standing at 60.90 million VND/tael bought and sold at 61.60 million VND/tael.

Phu Quy SJC gold price currently stands at 61.02 – 61.57 million VND/tael bought and sold.

PNJ gold price in Hanoi and Ho Chi Minh City is currently priced at 52.10 – 52.90 million VND/tael bought and sold.

Gold price forecast

The US Department of Commerce said that the personal consumption price index had many positive changes. Inflation is becoming hotter than expected after all forecasts point to an increase of 0.4%.

According to the Fed’s report, headline inflation rose 0.6 percent in November, down from 0.7 percent in October.

According to economic experts, the drop in energy prices last month is considered one of the reasons contributing to the inflation momentum in the month.

Forexlive.com currency strategist Adam Button said the figures were in line with economic growth expectations but there were signs that consumers were having a hard time keeping up. inflation momentum.

This is considered as one of the factors that help gold price to stabilize above the threshold of 1,800 USD/ounce after weeks of difficulty reaching this psychological threshold.

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Categorized as bussiness

By Nguyen Manh Cuong

Nguyen Manh Cuong is the author and founder of the tvtoolsalteria blog. With over 14 years of experience in Online Marketing, he now runs a number of successful websites, and occasionally shares his experience & knowledge on this blog.

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