Gold price today January 9, 2025: World and domestic gold prices increased rapidly to nearly 86 million
Gold price today January 9: World gold price suddenly skyrocketed, pulling up domestic gold price. Domestic gold price increased rapidly to nearly 86 million VND/tael.
Domestic gold price today January 9, 2025
At the time of survey at 4:30 a.m. on January 9, 2025, the gold price on the trading floors of some companies was as follows:
DOJI listed the price of 9999 gold today at 84.5 million VND/tael for buying and 85.7 million VND/tael for selling. An increase of 100 thousand VND/tael for buying and 300 thousand VND/tael for selling compared to yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 84.7-85.5 million VND/tael for buying and selling. Compared to yesterday, the buying price increased by 100,000 VND/tael, the selling price increased by 200,000 VND/tael compared to yesterday.
SJC gold price at Bao Tin Minh Chau Company Limited was also traded by the enterprise at 84.2-85.5 million VND/tael (buying - selling), an increase of 500 thousand VND/tael for both buying and selling compared to yesterday.
At Bao Tin Manh Hai, the price is also being traded at 84.2-85.5 million VND/tael (buy - sell), an increase of 500 thousand VND/tael for both buying and selling compared to yesterday.
The latest gold price list today, January 9, 2025 is as follows:
| Gold price today | January 9, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 84 | 85.5 | +200 | +200 |
| DOJI Group | 84 | 85.5 | +200 | +200 |
| Red Eyelashes | 84.7 | 85.5 | +100 | +200 |
| PNJ | 84 | 85.5 | +500 | +200 |
| Vietinbank Gold | 85.5 | +200 | ||
| Bao Tin Minh Chau | 84.2 | 85.5 | +500 | +500 |
| Bao Tin Manh Hai | 84.2 | 85.5 | +500 | +500 |
| 1.DOJI- Updated: 09/01/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 84,000▲200K | 85,500▲200K |
| AVPL/SJC HCM | 84,000▲200K | 85,500▲200K |
| AVPL/SJC DN | 84,000▲200K | 85,500▲200K |
| Raw material 9999 - HN | 84,400▲100K | 84,900▲200K |
| Raw material 999 - HN | 84,300▲100K | 84,800▲200K |
| AVPL/SJC Can Tho | 84,000▲200K | 85,500▲200K |
| 2.PNJ- Updated: 09/01/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 84,500▲100K | 85,500▲200K |
| HCMC - SJC | 84,000▲500K | 85,500▲200K |
| Hanoi - PNJ | 84,500▲100K | 85,500▲200K |
| Hanoi - SJC | 84,000▲500K | 85,500▲200K |
| Da Nang - PNJ | 84,500▲100K | 85,500▲200K |
| Da Nang - SJC | 84,000▲500K | 85,500▲200K |
| Western Region - PNJ | 84,500▲100K | 85,500▲200K |
| Western Region - SJC | 84,000▲500K | 85,500▲200K |
| Jewelry gold price - PNJ | 84,500▲100K | 85,500▲200K |
| Jewelry gold price - SJC | 84,000▲500K | 85,500▲200K |
| Jewelry gold price - Southeast | PNJ | 84,500▲100K |
| Jewelry gold price - SJC | 84,000▲500K | 85,500▲200K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 84,500▲100K |
| Jewelry gold price - Jewelry gold 999.9 | 84,500▲100K | 85,300▲100K |
| Jewelry gold price - Jewelry gold 999 | 84,420▲100K | 85,220▲100K |
| Jewelry gold price - Jewelry gold 99 | 83,550▲100K | 84,550▲100K |
| Jewelry gold price - 916 gold (22K) | 77,240▲100K | 78,240▲100K |
| Jewelry gold price - 750 gold (18K) | 62,730▲80K | 64,130▲80K |
| Jewelry gold price - 680 gold (16.3K) | 56,750▲60K | 58,150▲60K |
| Jewelry gold price - 650 gold (15.6K) | 54,200▲70K | 55,600▲70K |
| Jewelry gold price - 610 gold (14.6K) | 50,780▲60K | 52,180▲60K |
| Jewelry gold price - 585 gold (14K) | 48,650▲60K | 50,050▲60K |
| Jewelry gold price - 416 gold (10K) | 34,240▲50K | 35,640▲50K |
| Jewelry gold price - 375 gold (9K) | 30,740▲40K | 32,140▲40K |
| Jewelry gold price - 333 gold (8K) | 26,900▲30K | 28,300▲30K |
| 3. SJC - Updated: 09/01/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC 1L, 10L, 1KG | 84,000▲200K | 85,500▲200K |
| SJC 5c | 84,000▲200K | 85,520▲200K |
| SJC 2c, 1c, 5c | 84,000▲200K | 85,530▲200K |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 84,000▲200K | 85,300▲200K |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 84,000▲200K | 85,400▲200K |
| Jewelry 99.99% | 84,000▲200K | 85,100▲200K |
| Jewelry 99% | 81,757▲198K | 84,257▲198K |
| Jewelry 68% | 55,023▲136K | 58,023▲136K |
| Jewelry 41.7% | 32,640▲84K | 35,640▲84K |
World gold price today January 9, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 5:00 a.m. today, Vietnam time, was 2,662.38 USD/Ounce. Today's gold price increased by 3.69 USD/Ounce compared to yesterday. Converted according to the USD exchange rate, on the free market (25,760 VND/USD), the world gold price is about 83.6 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 1.9 million VND/tael higher than the international gold price.
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World gold prices rose slightly as the market awaits the important US employment report to be released later this week. This report could influence the US Federal Reserve's interest rate decision.
According to Matt Simpson, senior analyst at City Index, the gold market is currently in a "early-year turmoil" phase as it waits for new factors to impact, and Friday's non-farm payroll report is expected to be an important factor.
The dollar remained strong on Wednesday after positive U.S. economic data pushed bond yields higher, easing expectations for a Fed rate cut. Data showed the number of U.S. job openings rose to 8.098 million in November, beating forecasts and up from 7.839 million in October.
The market is now pricing in just one rate cut by the Fed in 2025, down from two as expected in December.
Investors are looking ahead to Friday's U.S. nonfarm payrolls report for further clues on Fed policy, with ADP employment data and the minutes from the Fed's December meeting also in focus.
If US economic data this week shows signs of weakness, this could pave the way for gold prices to rise if investors become more optimistic about the possibility of the Fed cutting interest rates in 2025, according to experts from KCM Trade. High interest rates often reduce the appeal of gold because it is a non-interest-bearing asset.
Federal Reserve officials ended 2024 with a third straight interest rate cut, sending a strong signal that inflation concerns have returned to the forefront.
Chairman Jerome Powell frankly admitted: The Fed's year-end inflation forecast has "almost collapsed."
Fed officials now expect it will take longer for inflation to reach their 2% target — a target they have not met for nearly four years — and have reduced expectations for rate cuts through 2025.
Goldman economists now expect the Fed to cut interest rates by 75 basis points this year, down from a previous forecast of 100 basis points.
China, the world's largest gold consumer, increased its gold reserves in December for the second consecutive month, the People's Bank of China said on Tuesday.
Among other precious metals, silver rose 0.4% to $30.12 an ounce, platinum rose 0.2% to $952.05, while palladium fell 0.4% to $922.25.
Gold Price Forecast
Analysts Lina Thomas and Daan Struyven predict gold will reach $2,910 an ounce by the end of the year. A decline in ETF inflows in December due to reduced uncertainty after the U.S. election is also a factor in the lower start to the new year for gold, according to Bloomberg.
Goldman Sachs Group Inc. said it no longer expects gold prices to hit $3,000 an ounce by the end of this year, pushing that forecast to mid-2026.
However, in the long term, central bank demand for gold will be the main driver for this commodity.
Meanwhile, Dmitry Puchkarev, a stock market expert at BCS World of Investments, predicts that gold prices will rise by 2025 to $2,600-$2,900 an ounce.
