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Gold price today May 9, 2025: Domestic and world gold prices dropped sharply by nearly 2 million VND

Quoc DuongDNUM_AJZAFZCACF 04:00

Gold price today May 9, 2025: Domestic gold price and world gold price dropped sharply by nearly 2 million VND/tael when the US and UK confirmed that they were about to sign a trade agreement.

Domestic gold price today 5/9/2025

At the time of survey at 4:30 a.m. on May 9, 2025, domestic gold prices fell sharply. Specifically:

DOJI Group listed the price of SJC gold bars at 118.5-120.5 million VND/tael (buy - sell), a decrease of 1.7 million VND/tael in both buying and selling directions compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 118.5-120.5 million VND/tael (buy - sell), a decrease of 1.7 million VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 119.5-120.5 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 700 thousand VND/tael for both buying and selling - decreased by 1.2 million VND/tael for selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 118.3-120.5 million VND/tael (buy - sell), the price decreased by 1.9 million VND/tael in buying direction - decreased by 1.7 million VND/tael in selling direction compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 117.5-120.5 million VND/tael (buy - sell), gold price decreased 1.2 million VND/tael in both buying and selling directions compared to yesterday.

Giá vàng hôm nay 9/5: Giá vàng giảm mạnh gần 2 triệu đồng

As of 4:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 114-116.5 million VND/tael (buy - sell); down 1.5 million VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 116.5-119.5 million VND/tael (buy - sell); down 1 million VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, May 9, 2025 is as follows:

Gold price today
May 9, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
118.5120.5
-1700-1700
DOJI Group
118.5
120.5
-1700
-1700
Red Eyelashes
119.5120.5
-700-1200
PNJ
118.5
120.5
-1700-1700
Vietinbank Gold
120.5

-1700
Bao Tin Minh Chau
118.3
120.5
-1900-1700
Phu Quy117.5120.5
-1200-1200
1.DOJI- Updated: 05/09/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
Domestic gold priceBuySell
AVPL/SJC HN118,500▼1700K120,500▼1700K
AVPL/SJC HCM118,500▼1700K120,500▼1700K
AVPL/SJC DN118,500▼1700K120,500▼1700K
Raw material 9999 - HN113,800▼1500K115,600▼1500K
Raw material 999 - HN113,700▼1500K115,500▼1500K
2.PNJ- Updated: 05/09/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
HCMC - PNJ114,200▼1300K117,200▼900K
HCMC - SJC118,500▼1700K120,500▼1700K
Hanoi - PNJ114,200▼1300K117,200▼900K
Hanoi - SJC118,500▼1700K120,500▼1700K
Da Nang - PNJ114,200▼1300K117,200▼900K
Da Nang - SJC118,500▼1700K120,500▼1700K
Western Region - PNJ114,200▼1300K117,200▼900K
Western Region - SJC118,500▼1700K120,500▼1700K
Jewelry gold price - PNJ114,200▼1300K117,200▼900K
Jewelry gold price - SJC118,500▼1700K120,500▼1700K
Jewelry gold price - SoutheastPNJ114,200▼1300K
Jewelry gold price - SJC118,500▼1700K120,500▼1700K
Jewelry gold price - Jewelry gold pricePNJ 999.9 Plain Ring114,200▼1300K
Jewelry gold price - Kim Bao Gold 999.9114,200▼1300K117,200▼900K
Jewelry gold price - Phuc Loc Tai Gold 999.9114,200▼1300K117,200▼900K
Jewelry gold price - Jewelry gold 999.9114,200▼800K116,700▼800K
Jewelry gold price - Jewelry gold 999114,080▼800K116,580▼800K
Jewelry gold price - Jewelry gold 9920113,370▼790K115,870▼790K
Jewelry gold price - Jewelry gold 99113,130▼800K115,630▼800K
Jewelry gold price - 750 gold (18K)80,180▼600K87,680▼600K
Jewelry gold price - 585 gold (14K)60,920▼470K68,420▼470K
Jewelry gold price - 416 gold (10K)41,200▼330K48,700▼330K
Jewelry gold price - 916 gold (22K)104,500▼730K107,000▼730K
Jewelry gold price - 610 gold (14.6K)63,840▼490K71,340▼490K
Jewelry gold price - 650 gold (15.6K)68,510▼520K76,010▼520K
Jewelry gold price - 680 gold (16.3K)72,010▼540K79,510▼540K
Jewelry gold price - 375 gold (9K)36,410▼300K43,910▼300K
Jewelry gold price - 333 gold (8K)31,160▼270K38,660▼270K
3. SJC - Updated: 5/9/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG118,500▼1700K120,500▼1700K
SJC gold 5 chi118,500▼1700K120,520▼1700K
SJC gold 0.5 chi, 1 chi, 2 chi118,500▼1700K120,530▼1700K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi114,000▼1500K116,500▼1500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi114,000▼1500K116,600▼1500K
Jewelry 99.99%114,000▼1500K115,900▼1500K
Jewelry 99%110,252▼1486K114,752▼1486K
Jewelry 68%72,470▼1020K78,970▼1020K
Jewelry 41.7%41,985▼626K48,485▼626K

World gold price today 5/9/2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was at 3,355.89 USD/ounce. Today's gold price decreased by 38.92 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,150 VND/USD), the world gold price is about 106.94 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 13.56 million VND/tael higher than the international gold price.

World gold prices fell slightly as the market waited for US President Donald Trump to announce a trade agreement between the US and the UK.

Specifically, spot gold prices fell 1.15% despite having previously increased 1% in the session. Meanwhile, gold futures in the US also fell 0.7% to $3,368.50.

Gold prices are currently volatile as short-term investors trade on news, according to Jeffrey Christian, managing partner of CPM Group. He predicts that gold prices could range between $3,050 and $3,500 in the long term.

On the social network Truth Social, Mr. Trump announced that he would hold a press conference in the Oval Office to announce "a major trade deal with a reputable country." Previously, the New York Times reported that the US and the UK were about to launch this agreement.

Gold is often seen as a safe haven from geopolitical uncertainty, and prices have risen more than $300 since Trump first imposed tariffs. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with China’s top economic official on Saturday in Switzerland.

Another factor affecting gold prices is the People's Bank of China's decision to allow commercial banks to buy foreign currency to import gold under new quotas. This could theoretically push gold prices up due to increased demand from China, but for now, tariffs are still dominating the market, according to Zain Vawda, an analyst at MarketPulse.

Regarding monetary policy, the US Federal Reserve (Fed) kept interest rates unchanged but warned of rising inflation and unemployment risks due to the impact of tariff measures.

Meanwhile, silver prices rose 0.2% to $32.52 an ounce, platinum rose 1% to $984.15 and palladium also edged up 0.2% to $973.92.

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Gold price today May 9, 2025: Domestic and world gold prices dropped sharply by nearly 2 million VND
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