Gold price today April 9, 2024 increased by more than 1 million, SJC broke the peak to 83.5 million

Domestic gold price today April 9, 2024

At 11:25 a.m. on April 9 , the price of SJC 9999 gold increased by 300,000 VND/tael in both buying and selling prices, to 83.5 million VND/tael (selling).

Meanwhile, this afternoon, the world spot gold price stood at around 2,346 USD/ounce, up 18 USD/ounce compared to last night. Following the world's increasing trend, in just one morning, the SJC gold price increased by more than 1 million VND in both directions, reaching a record of 83.5 million VND/tael. Since yesterday (April 8), up to this point, SJC gold has become more expensive by more than 2 million VND/tael.

The price of 9999 gold was updated by Saigon Jewelry Company Limited (SJC) at 11:25 a.m. and the price of 9999 gold was listed by DOJI Jewelry Group at 11:47 a.m. as follows:

	Buy	Sell
SJC Hanoi	81,500,000 VND/tael	83,520,000 VND/tael
SJC HCMC	81,500,000 VND/tael	83,500,000 VND/tael
SJC Danang	81,500,000 VND/tael	83,520,000 VND/tael
DOJI Hanoi	80,800,000 VND/tael	83,400,000 VND/tael
DOJI HCMC	80,800,000 VND/tael	83,400,000 VND/tael

At 11:08 a.m. on April 9 , the price of SJC 9999 gold increased by 200,000 VND/tael in both buying and selling, to 83.2 million VND/tael (selling).

The price of 9999 gold was updated by Saigon Jewelry Company Limited (SJC) at 11:08 and the price of 9999 gold was listed by DOJI Jewelry Group at 11:10 as follows:

	Buy	Sell
SJC Hanoi	81,200,000 VND/tael	83,220,000 VND/tael
SJC HCMC	81,200,000 VND/tael	83,200,000 VND/tael
SJC Danang	81,200,000 VND/tael	83,220,000 VND/tael
DOJI Hanoi	80,500,000 VND/tael	83,100,000 VND/tael
DOJI HCMC	80,500,000 VND/tael	83,100,000 VND/tael

SJC and DOJI gold price list updated at noon on April 9

At 10:10 a.m. on April 9 , the price of SJC 9999 gold increased by 300,000 VND/tael in both buying and selling prices, to 83 million VND/tael (selling).

The price of 9999 gold was updated by Saigon Jewelry Company Limited (SJC) at 10:10 a.m. and the price of 9999 gold was listed by DOJI Jewelry Group at 10:10 a.m. as follows:

	Buy	Sell
SJC Hanoi	81,000,000 VND/tael	83,020,000 VND/tael
SJC HCMC	81,000,000 VND/tael	83,000,000 VND/tael
SJC Danang	81,000,000 VND/tael	83,020,000 VND/tael
DOJI Hanoi	80,300,000 VND/tael	82,900,000 VND/tael
DOJI HCMC	80,300,000 VND/tael	82,900,000 VND/tael

SJC and DOJI gold price list updated on the morning of April 9

At 9:20 a.m. on April 9, the price of SJC 9999 gold increased by 100,000 VND/tael in both buying and selling prices, to 82.7 million VND/tael (selling).

The price of 9999 gold was updated by Saigon Jewelry Company Limited (SJC) at 9:20 a.m. and the price of 9999 gold was listed by DOJI Jewelry Group at 9:31 a.m. as follows:

	Buy	Sell
SJC Hanoi	80,700,000 VND/tael	82,720,000 VND/tael
SJC HCMC	80,700,000 VND/tael	82,700,000 VND/tael
SJC Danang	80,700,000 VND/tael	82,720,000 VND/tael
DOJI Hanoi	80,000,000 VND/tael	82,600,000 VND/tael
DOJI HCMC	80,000,000 VND/tael	82,600,000 VND/tael

SJC and DOJI gold price list updated on the morning of April 9

Early morning of April 9 , SJC 9999 gold price increased by 200 thousand VND/tael in both buying and selling compared to yesterday's closing price, reaching a record 82.6 million VND/tael (selling).

The price of 9999 gold was updated by Saigon Jewelry Company Limited (SJC) at 8:33 a.m. and the price of 9999 gold was listed by DOJI Jewelry Group at 8:34 a.m. as follows:

	Buy	Sell
SJC Hanoi	80,600,000 VND/tael	82,620,000 VND/tael
SJC HCMC	80,600,000 VND/tael	82,600,000 VND/tael
SJC Danang	80,600,000 VND/tael	82,620,000 VND/tael
DOJI Hanoi	79,900,000 VND/tael	82,500,000 VND/tael
DOJI HCMC	79,700,000 VND/tael	82,300,000 VND/tael

SJC and DOJI gold price list updated early morning April 9

At the close of the session on April 8, the price of 9999 gold bars at SJC Ho Chi Minh City was VND80.4 million/tael (buy) and VND82.4 million/tael (sell). SJC Hanoi listed at VND80.4 million/tael (buy) and VND82.42 million/tael (sell).

DOJI Hanoi listed at 79.5 million VND/tael (buy) and 82.1 million VND/tael (sell). DOJI Ho Chi Minh City bought SJC gold at 79.5 million VND/tael and sold at 82.1 million VND/tael.

The central exchange rate on April 9, 2024 announced by the State Bank is 24,037 VND/USD, down 1 VND compared to the previous trading session. The USD price at commercial banks this morning (April 9) was listed at 24,760 VND/USD (buy) and 25,130 VND/USD (sell).

International gold price today April 9, 2024

At 8:46 a.m. today (April 9, Vietnam time), the world spot gold price stood at around 2,341 USD/ounce, up 13 USD/ounce compared to last night. The price of gold futures for June 2024 on the Comex New York floor was at 2,359.3 USD/ounce.

Gold price on Kitco floor at 9:00 p.m. (April 8, Vietnam time) was trading at 2,328 USD/ounce, up 0.68% compared to the beginning of the session. Gold futures price for June 2024 delivery on Comex New York floor was trading at 2,358.4 USD/ounce.

At the beginning of the trading session on April 8 (US time), the world gold price increased sharply and continued to reach a new record high of 2,348.4 USD/ounce. According to analysts, the gold price increased sharply due to investors' demand for safe haven.

gold 16 8.jpg — *International gold prices continue to set new records. Photo: Kitco*

The latest Kitco News weekly gold survey shows that Wall Street analysts are bullish on the gold market in the near term.

Adrian Day, chairman of Adrian Day Asset Management, said there was no sign that demand for gold would slow down.

Gold prices are unlikely to slow down, despite higher U.S. bond yields and a stronger dollar, according to analysts at Kitco. In addition, central banks will continue to buy gold to diversify their foreign exchange reserves, which is also a reason why gold prices cannot stop rising.

Commodity analyst Michael Widmer and his colleagues say gold will head towards $2,400 an ounce even if the rate cut comes later.

Gold Price Forecast

According to many experts, the strength of gold in the past and in the future is no longer governed by economic data and traditional US market psychology as before, but has become a global currency. According to forecasts, gold prices will set many new records.

On Kitco, expert Nicholas Frappell from ABC Refinery predicts that gold will continue to increase strongly in price when investors' risk-off motivation from Western stock markets increases sharply, as well as strong buying motivation due to a weakening Chinese economy.

According to a Kitco survey, 75% believe gold prices will increase in the near future, while 8% predict a decrease.

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