Gold price today 5/9/2025 earliest update: Domestic and world gold prices tend to decrease slightly

Index

• Update detailed gold price today 5/9/2025 earliest in domestic market
• Update gold price today May 9, 2025 latest on the world market
• Gold price forecast today 5/9/2025

Update detailed gold price today 5/9/2025 earliest in domestic market

At the time of survey at 6:00 a.m. on May 9, 2025, the highest price of gold today, May 9, 2025, was 129.5 million VND/tael. Below is the latest update of gold prices on May 9, 2025 from major brands in Vietnam:

The price of SJC gold bars at SJC Hanoi is listed at 118.5-120.5 million VND/tael (buy - sell). At the same time, DOJI Group traded SJC gold at 118.5-120.5 million VND/tael (buy - sell). Mi Hong Jewelry Company listed the price of SJC gold at 118.5-120.5 million VND/tael (buy - sell).

At PNJ, the price of SJC gold bars reached 118.5-120.5 million VND/tael, while PNJ gold was at 114.2-117.2 million VND/tael (buy - sell). Bao Tin Minh Chau Company Limited listed the price of SJC gold at 118.3-120.5 million VND/tael (buy - sell). Phu Quy traded SJC gold at 117.5-120.5 million VND/tael (buy - sell). Vietinbank Gold listed the price of SJC gold at 120.5 million VND/tael (sell).

As of 6:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 114.0-116.5 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 compared to yesterday.

Note: The above prices are reference floor prices before the opening of the trading floor on May 9, 2025. To capture the latest fluctuations, follow the latest gold price on May 9, 2025 on Quang Nam Newspaper at today's gold price .

Gold price today 5/9/2025 earliest update: Domestic and world gold prices tend to decrease slightly

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

Gold price today
	Buy		Sell
SJC in Hanoi	118.5	-	120.5	-
DOJI Group	118.5	-	120.5	-
Red Eyelashes	118.5	-	120.5	-
PNJ	114.2	-	117.2	-
Vietinbank Gold			120.5	-
Bao Tin Minh Chau	118.3	-	120.5	-
Phu Quy	117.5	-	120.5	-

1. DOJI - Updated: 5/9/2025 6:00 - Source website time - ▼/▲ Compared to yesterday.
Type	Buy	Sell
AVPL/SJC HN	118,500	120,500
AVPL/SJC HCM	118,500	120,500
AVPL/SJC DN	118,500	120,500
Raw material 9999 - HN	113,800	115,600
Raw material 999 - HN	113,700	115,600

2. PNJ - Updated: 05/09/2025 6:00 - Time of the source website - ▼/▲ Compared to yesterday.
Type	Buy	Sell
HCMC - PNJ	114,200	117,200
HCMC - SJC	118,500	120,500
Hanoi - PNJ	114,200	117,200
Hanoi - SJC	118,500	120,500
Da Nang - PNJ	114,200	117,200
Da Nang - SJC	118,500	120,500
Western Region - PNJ	114,200	117,200
Western Region - SJC	118,500	120,500
Jewelry gold price - PNJ	114,200	117,200
Jewelry gold price - SJC	118,500	120,500
Jewelry gold price - Southeast PNJ	114,200
Jewelry gold price - SJC	118,500	120,500
Jewelry gold price - PNJ 999.9 Plain Ring	114,200
Jewelry gold price - Kim Bao Gold 999.9	114,200	117,200
Jewelry gold price - Phuc Loc Tai Gold 999.9	114,200	117,200
Jewelry gold price - Jewelry gold 999.9	114,200	116,700
Jewelry gold price - Jewelry gold 999	114,080	116,580
Jewelry gold price - Jewelry gold 9920	113,370	115,870
Jewelry gold price - Jewelry gold 99	113,130	115,630
Jewelry gold price - 750 gold (18K)	80,180	87,680
Jewelry gold price - 585 gold (14K)	60,920	68,420
Jewelry gold price - 416 gold (10K)	41,200	48,700
Jewelry gold price - 916 gold (22K)	104,500	107,000
Jewelry gold price - 610 gold (14.6K)	63,840	71,340
Jewelry gold price - 650 gold (15.6K)	68,510	76,010
Jewelry gold price - 680 gold (16.3K)	72,010	79,510
Jewelry gold price - 375 gold (9K)	36,410	43,910
Jewelry gold price - 333 gold (8K)	31,160	38,660

3. SJC - Updated: 5/9/2025 6:00 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG	118,500	120,500
SJC gold 5 chi	118,500	120,520
SJC gold 0.5 chi, 1 chi, 2 chi	118,500	120,530
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
Jewelry 99.99%	114,000	115,900
Jewelry 99%	110,252	114,752
Jewelry 68%	72,469	78,969
Jewelry 41.7%	41,985	48,485

Update gold price today May 9, 2025 latest on the world market

At the time of trading at 6:00 a.m. on May 9, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,310.92 USD/ounce. Converted according to the USD exchange rate on the free market (26,140 VND/USD), the world gold price is equivalent to about 104.75 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (118.5-120.5 million VND/tael), the SJC gold price is currently about 15.74 million higher than the international gold price.

Gold prices yesterday, May 8, 2025, on the world market witnessed a decline after a slight increase earlier. Spot gold prices fell 0.6% to $3,310.92/ounce. The main reason was information about a potential trade deal between the US and the UK, helping to ease global trade tensions. As tensions ease, gold - considered a safe haven in times of uncertainty - becomes less attractive to investors.

US President Donald Trump has recently hinted at a “major trade deal” with the UK, which is expected to be announced on May 8, 2025. British Prime Minister Keir Starmer is also set to provide an update on trade talks between the two countries. These positive signals have strengthened the US dollar, reducing the appeal of gold, as gold tends to be more expensive when the US dollar is stronger. According to Nitesh Shah of WisdomTree, the deal could strengthen the US dollar, thereby reducing the rise in gold prices.

In addition, trade talks between the US and China in Switzerland this weekend are also attracting attention. If these discussions yield positive results, demand for gold as a safe asset could continue to decline. However, China is still supporting gold prices by increasing imports. The People's Bank of China recently allowed commercial banks to buy foreign currency to import gold with a larger quota. This move will continue to maintain demand for gold, helping to prevent prices from falling too far, according to Han Tan, an analyst at Exinity Group.

Another factor that affected gold prices yesterday, May 8, 2025, was geopolitical tensions between India and Pakistan. Pakistan said it had shot down 12 Indian drones that had violated its airspace, following Indian attacks on several targets in Pakistan. According to Ole Hansen of Saxo Bank, this situation could increase demand for gold as a safe haven, although the extent of the impact is still unclear. In times of uncertainty, gold is often favored because of its ability to retain value.

Regarding other precious metals, silver prices increased slightly by 0.1% to 32.51 USD/ounce, platinum increased by 0.7% to 981.09 USD/ounce, while palladium decreased by 1% to 962.91 USD/ounce. In general, gold prices today, May 8, 2025, are affected by many factors, from international trade to geopolitical tensions. Investors need to closely monitor developments to make appropriate decisions.

Gold price forecast today 5/9/2025

Gold price on May 9, 2025 is the center of attention when the world gold market recorded many changes. As of 6:00 a.m. on May 9, 2025 (Vietnam time), the spot gold price according to Kitco reached 3,310.92 USD/ounce. If converted according to the USD exchange rate on the free market (26,140 VND/USD), the world gold price is equivalent to about 104.75 million VND/tael, excluding taxes and fees. Meanwhile, the domestic price of SJC gold bars fluctuates from 118.5 to 120.5 million VND/tael, about 15.74 million VND higher than the international gold price.

The world gold market is currently being affected by many factors. China, one of the largest gold consumers, has just made an important move. The People's Bank of China has allowed commercial banks to buy US dollars to import more gold, after increasing import quotas. This shows that the demand for gold in China is very high, which can help prevent gold prices from falling too deeply. In addition, China has also taken measures such as reducing interest rates and pumping money into the market to support the economy, which is under pressure from trade tensions with the US.

However, the world gold price is still fluctuating strongly because of the unstable global economic and geopolitical situation. Gold is considered a safe haven in times of instability, especially when the price of gold peaked at 3,500 USD/ounce last month. The changes in China's policies show that they are trying to stabilize the economy, but at the same time, they also reflect the difficulties that the world is facing, from trade tensions to currency fluctuations.

With the current trend, the domestic gold price today, May 9, 2025, is likely to decrease slightly, closely following the developments of the world market. The SJC gold price may adjust down in this morning's trading session when the trading floor opens, but the decrease is not too large thanks to the demand for gold from China. Gold buyers need to closely monitor information from reputable sources such as Kitco, PNJ or SJC to seize opportunities. The gold market is still volatile, promising notable developments today.

Source: https://baoquangnam.vn/gia-vang-hom-nay-9-5-2025-cap-nhat-som-nhat-gia-vang-trong-nuoc-va-the-gioi-co-xu-huong-giam-nhe-3154399.html