Gold price today 7/9/2025
At the time of survey at 4:30 a.m. on July 9, 2025, the price of gold bars was listed by some businesses specifically as follows:
The price of SJC gold bars was listed by Saigon Jewelry Company, Bao Tin Minh Chau, DOJI Group and PNJ at 119-121 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both buying and selling directions compared to yesterday.
SJC gold price at Phu Quy is traded by businesses at 118.3-121 million VND/tael (buy - sell), gold price increased 500,000 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 119-120.5 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 500,000 VND/tael for buying and remained unchanged for selling.
Regarding ring gold, the price of 9999 Hung Thinh Vuong round ring gold at DOJI is listed at 115.5-117.5 million VND/tael (buy - sell), an increase of 500,000 VND/tael for both buying and selling compared to the close of the previous trading session.
Saigon Jewelry Company (SJC) listed the price of SJC gold rings type 1-5 at only 114.4-116.9 million VND/tael (buy - sell), an increase of 500,000 VND/tael for both buying and selling compared to the close of the previous trading session.
Bao Tin Minh Chau listed the price of plain round rings at 115.7-118.7 million VND/tael (buy - sell), an increase of 500,000 VND/tael for both buying and selling compared to the close of the previous trading session.
World gold price today July 9, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was at 3,296.24 USD/ounce. Today's gold price decreased by 0.65% compared to yesterday. Converted according to the USD exchange rate on the free market (26,414 VND/USD), the world gold price is 105 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 16 million VND/tael higher than the international gold price.
The yield on the benchmark 10-year US Treasury note rose to its highest in more than two weeks, making non-yielding gold less attractive to investors, Reuters reported. At the same time, the US dollar index (DXY) also rose 0.2%, increasing the cost of holding gold for investors using other currencies.
Meanwhile, two major Asian economies , Japan and South Korea, said they will try to negotiate with the US to minimize the impact of new high tariffs that President Donald Trump plans to apply from August 1.
On Monday, Mr. Trump reignited trade tensions by warning 14 countries that they would face higher tariffs. However, with the deadline pushed back to August, countries are using the three-week window to push through negotiations to reach a more favorable deal.
“The market is focused on trade as the July 9 deadline approaches. The Trump administration is ratcheting up the pressure, but optimism about a deal is also fueling risk sentiment, keeping gold in check,” said Peter Grant, vice president and senior metals strategist at Zaner Metals.
In addition, the market is also paying attention to the minutes of the latest policy meeting of the US Federal Reserve (Fed), expected to be released this week, along with statements from many Fed officials to better understand the direction of monetary policy and assess the US economy.
“The risk of persistent inflation due to the impact of tariffs could prompt the Fed to delay rate cuts until next year and that would put pressure on gold prices,” said Hamad Hussain, climate and commodities economist at Capital Economics.
Investors now expect the Fed to cut interest rates a total of 50 basis points between now and the end of 2025, starting in October.
In other precious metals, spot silver fell 0.5% to $36.57 an ounce, platinum fell 0.8% to $1,359.97 and palladium fell 0.2% to $1,108.77 an ounce.
Source: https://baohatinh.vn/gia-vang-hom-nay-972025-tang-giam-trai-chieu-post291360.html
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