Should I buy SJC gold or 9999 gold?

Distinguishing SJC gold and 9999 gold

SJC gold is a gold brand produced by Saigon Jewelry Holding Company, which is a rectangular gold bar, by weight. On the surface of the SJC gold bar is printed a dragon and 4 number 9 representing 99.99% pure gold. The other side of the gold bar has information and the manufacturing company (SJC).

9999 gold is a type of gold with a purity of up to 99.99%. The name of this type of gold depends on the percentage of pure gold. 9999 gold is also known as dragon gold, 4 number 9 gold, the value it brings is equivalent to 24K gold.

In essence, SJC gold is still 9999 gold but SJC gold is the type of gold produced by a gold bar production unit. Therefore, SJC gold can be considered 9999 gold but 9999 gold is not SJC gold.

Should I buy SJC gold or 9999 gold?

SJC gold and 9999 gold are two popular and preferred types of gold today. However, the price of each brand is different.

9999 gold usually has a strong metallic luster and a certain softness. Currently, it is used to make jewelry, can be easily attached with gemstones. That is also why it is easy to lose value and is not suitable for storage.

SJC gold is more expensive than 9999 gold because it is produced by the famous SJC brand. The SJC brand is also a brand managed by the State, so this is considered the main reason why the price of SJC gold is always higher than the price of other types of gold bars.

In addition, SJC gold is always guaranteed in terms of gold quality, easy to liquid (can be bought and sold from small gold shops to large gold shops), has a longer usage value than 9999 gold so it rarely loses value.

SJC gold is a type of gold bar that has more investment value than jewelry value. Therefore, buying gold depends on many factors and purposes, but if the buyer wants to store and invest for profit, they should buy SJC gold, although the price of SJC gold is often higher than 9999 gold.

In addition, SJC gold has many types from 1 chi to 5 chi, so if you invest in buying this type of gold, the price comes from the manufacturing company, so no matter where you buy it, the price is at the same level.

On the contrary, if you need to buy gold to make jewelry, you should buy 9999 gold rather than SJC gold.

Minh Huong (synthesis)

Source