Market

Gold prices today, September 8, 2024: World gold prices recover slightly.

Hung CuongSeptember 8, 2024 05:00

Gold prices today, September 8, 2024: The price of 9999 gold rings remains unchanged compared to yesterday. World gold prices recovered slightly but are still below the $2,500/ounce mark.

Domestic gold prices today, September 8, 2024

As of 5:00 AM on September 8, 2024, the gold prices on the exchanges of several companies were as follows:

Today, DOJI lists the price of 9999 gold at 77.45 million VND/ounce for buying and 78.60 million VND/ounce for selling.

Meanwhile, at Mi Hong Gold and Gemstone Company, the price of SJC gold listed at the time of the survey was 79.5-80.5 million VND/ounce (buying price - selling price).

The price of SJC gold at Bao Tin Minh Chau Co., Ltd. is also being traded at 78.5-80.5 million VND/ounce (buying price - selling price). At Bao Tin Manh Hai, the price is also being traded at 78.5-80.5 million VND/ounce (buying price - selling price).

Giá vàng hôm nay 8/9/2024: Vàng thế giới hồi phục nhẹ

The latest gold price list for today, September 8, 2024, is as follows:

Gold price today
September 8, 2024
(Million VND)
Difference
(thousand dong/ounce)
Buy
Sell
Buy
Sell
SJC in Hanoi
78.5
80.5
But
But
DOJI Group
78.5
80.5
But
But
Mi Hong
79.5
80.5
But
But
PNJ
78.5
80.5
But
But
Vietinbank Gold
But
80.5
But
But
Bao Tin Minh Chau
78.5
80.5
But
But
Bao Tin Manh Hai
78.5
80.5
But
But
1.DOJI- Updated: 08/09/2024 05:10 - Website time of the supplier - ▼/▲ Compared to yesterday.
TypeBuySell
AVPL/SJC HN78,50080,500
AVPL/SJC HCM78,50080,500
AVPL/SJC DN78,50080,500
Ingredients 9999 - HN77,40077,550
Ingredients 999 - HN77,30077,450
AVPL/SJC Can Tho78,50080,500
2.PNJ- Updated: 08/09/2024 05:10 - Website time of the supplier - ▼/▲ Compared to yesterday.
TypeBuySell
Ho Chi Minh City - PNJ77,40078,600
Ho Chi Minh City - SJC78,50080,500
Hanoi - PNJ77,40078,600
Hanoi - SJC78,50080,500
Da Nang - PNJ77,40078,600
Da Nang - SJC78,50080,500
Western Region - PNJ77,40078,600
Western Region - SJC78,50080,500
Gold jewelry prices - PNJ77,40078,600
Gold jewelry prices - SJC78,50080,500
Gold jewelry prices - Southeast VietnamPNJ77,400
Gold jewelry prices - SJC78,50080,500
Gold jewelry prices - Gold jewelry pricesPNJ Plain Ring 999.977,400
Gold jewelry prices - 999.9 gold jewelry77,30078,100
Gold jewelry prices - 999 gold jewelry77,22078,020
Gold jewelry prices - 99% pure gold jewelry76,42077,420
Jewelry gold prices - 916 (22K) gold71,14071,640
Jewelry gold price - 750 (18K) gold57,33058,730
Jewelry gold price - 680 gold (16.3K)51,86053,260
Jewelry gold price - 650 gold (15.6K)49,52050,920
Jewelry gold price - 610 gold (14.6K)46,39047,790
Jewelry gold prices - 585 Gold (14K)44,44045,840
Jewelry gold price - 416 Gold (10K)31,24032,640
Jewelry gold price - 375 (9K) gold28,04029,440
Jewelry gold price - 333 Gold (8K)24,52025,920
3.SJC- Updated: 08/09/2024 05:10 - Website time of the supplier - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 1L, 10L, 1KG78,50080,500
SJC 5c78,50080,520
SJC 2c, 1C, 5 phân78,50080,530
SJC 99.99 gold rings, 1 tael, 2 taels, 5 taels.77,30078,600
SJC 99.99 gold rings, 0.3 tael, 0.5 tael77,30078,700
99.99% Authentic Jewelry77,20078,200
99% Jewelry75,42677,426
Jewelry 68%50,83153,331
Jewelry 41.7%30,26332,763

World gold price today, September 8, 2024, and chart of world gold price fluctuations over the past 24 hours.

According to Kitco, the spot price of gold in the world market at 5:00 AM Vietnam time today was $2,496.12 USD/ounce. Today's gold price increased by $1.88 USD/ounce compared to yesterday's price. Converted using the USD exchange rate on the free market (25,160 VND/USD), the world gold price is approximately 76.56 million VND/ounce (excluding taxes and fees). Therefore, the price of SJC gold bars is currently 3.93 million VND/ounce higher than the international gold price.

The steady inflow of funds into exchange-traded funds (ETFs) is a factor that analysts at Citi and Bank of America believe could drive gold prices up to $3,000 per ounce next year.

Ajay Garg, director and CEO of SMC Global Securities, believes geopolitical premiums will also impact gold prices in 2025 due to the Ukraine war and tensions in the Middle East. Furthermore, inflation remains a concern and is above the Fed's 2% target.

"Gold has a positive correlation with inflation, so the price should be higher. Fears of recession and the US election will continue to drive up gold prices, and it could reach $2,800-$3,000 per ounce by 2025. Additionally, central banks continue to buy gold. The supply of M2 is higher, and gold prices are likely to rise positively," Garg said.

Hung Cuong