Gold price on May 9, 2025: Domestic and world gold prices increased strongly again
Gold price on May 9, 2025: Domestic and world gold prices increased strongly again after the morning session fell below the important psychological mark of 3,300 USD/ounce.
Domestic gold price today May 9, 2025
At the time of survey at 4:30 p.m. on May 9, 2025, domestic gold prices increased sharply again. Specifically:
DOJI Group listed the price of SJC gold bars at 119.5-121.5 million VND/tael (buy - sell), an increase of 1 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 119.5-121.5 million VND/tael (buy - sell), an increase of 1 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 120-121.5 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 500 thousand VND/tael for buying and 1 million VND/tael for selling.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 119.5-121.5 million VND/tael (buy - sell), the price increased by 1.2 million VND/tael in buying - increased by 1 million VND/tael in selling compared to yesterday.
SJC gold price at Phu Quy is traded by businesses at 117.7-120.7 million VND/tael (buy - sell), gold price increased 200 thousand VND/tael in both buying and selling directions compared to yesterday.
As of 4:30 p.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); unchanged 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); unchanged 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 VND) | Difference (thousand dong/tael) | ||
| Buy | Sell out | Buy | Sell out | |
| SJC in Hanoi | 119.5 | 121.5 | +1000 | +1000 |
| DOJI Group | 119.5 | 121.5 | +1000 | +1000 |
| Mi Hong | 120 | 121.5 | +500 | +1000 |
| PNJ | 119.5 | 121.5 | +1000 | +1000 |
| Vietinbank Gold | 121.5 | +1000 | ||
| Bao Tin Minh Chau | 119.5 | 121.5 | +1200 | +1000 |
| Phu Quy | 117.7 | 120.7 | +200 | +200 |
| 1.DOJI- Updated: 5/9/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Domestic gold price | Buy | Sell |
| AVPL/SJC HN | 119,500▲1000K | 121,500▲1000K |
| AVPL/SJC HCM | 119,500▲1000K | 121,500 ▼1700K |
| AVPL/SJC DN | 119,500▲1000K | 121,500▲1000K |
| Raw material 9999 - HN | 111,200▼2600K | 114,000▼1600K |
| Raw materials 999 - HN | 111,100▼2600K | 113,900▼1600K |
| 2.PNJ- Updated: 5/9/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| SJC 999.9 gold bar | 11,950 | 12,150 |
| PNJ 999.9 Plain Ring | 11,400 | 11,660 |
| Kim Bao Gold 999.9 | 11,400 | 11,660 |
| Gold Phuc Loc Tai 999.9 | 11,400 | 11,660 |
| 999.9 gold jewelry | 11,400 | 11,650 |
| 999 gold jewelry | 11,388 | 11,638 |
| 9920 gold jewelry | 11,317 | 11,567 |
| 99 gold jewelry | 11,294 | 11,544 |
| 750 Gold (18K) | 8,003 | 8,753 |
| 585 Gold (14K) | 6,080 | 6,830 |
| 416 Gold (10K) | 4,111 | 4,861 |
| PNJ Gold - Phoenix | 11,400 | 11,660 |
| 916 Gold (22K) | 10,431 | 10,681 |
| 610 Gold (14.6K) | 6,372 | 7,122 |
| 650 Gold (15.6K) | 6,838 | 7,588 |
| 680 Gold (16.3K) | 7,187 | 7,937 |
| 375 Gold (9K) | 3,634 | 4,384 |
| 333 Gold (8K) | 3,110 | 3,860 |
| 3.SJC- Updated: 5/9/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 119,500▲1000K | 121,500▲1000K |
| SJC gold 5 chi | 119,500▲1000K | 121,520▲1000K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 119,500▲1000K | 121,530▲1000K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 114,000 | 116,500 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 114,000 | 116,600 |
| 99.99% jewelry | 114,000 | 115,900 |
| 99% Jewelry | 110,252 | 114,752 |
| Jewelry 68% | 72,470 | 78,970 |
| Jewelry 41.7% | 41,985 | 48,485 |
World gold price today May 9, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 p.m. today, Vietnam time, was 3,326.99 USD/ounce. Today's gold price decreased by 15.17 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,150 VND/USD), the world gold price is about 106.01 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 15.49 million VND/tael higher than the international gold price.
World gold prices recovered slightly after a sharp drop this morning and are on track for their first weekly gain in May, thanks to a weaker US dollar and unresolved geopolitical tensions. Meanwhile, the market is still focused on the US-China trade talks taking place this weekend.
Specifically, for the whole week, gold prices increased by 2%. Gold futures in the US also increased by 0.7%, to 3,328.1 USD/Ounce. The weak USD contributed to supporting gold prices. The USD index (.DXY) decreased by 0.3%, making gold more attractive to investors using other currencies.
According to Ross Norman, an independent analyst, the sharp fluctuations in gold prices show that there are two opposing trading streams: one side is investors buying due to economic uncertainty, while the other side is selling to take profits when prices rise.
Markets are now focused on the possibility of a trade deal between the US and China. A meeting between US and Chinese officials is set to take place in Switzerland this weekend, which could be the first step in easing the protracted trade war between the world's two largest economies.
In addition, tensions between India and Pakistan are also a factor that worries investors. On the geopolitical front, the Indian military said Pakistan carried out multiple attacks using drones and other weapons along India's western border on Thursday night and Friday morning.
In addition, several US Federal Reserve (Fed) officials are expected to speak during the day, possibly providing more information on the economic situation and monetary policy direction.
Gold is often seen as a safe haven asset during times of political and financial uncertainty. Last month, gold hit a record high of $3,500.05 an ounce, fueled by central bank buying, trade war concerns and strong investment demand.
Not only gold, other precious metals also increased in price. Spot silver price increased 0.3% to 32.56 USD/ounce, platinum increased 0.9% to 984.16 USD, while palladium increased 0.4% to 979.75 USD.