Gold price consolidates the breakout momentum, domestic market does not "fall miserably" like history, when is the best time to buy to make the best profit?

Báo Quốc TếBáo Quốc Tế09/02/2025

Gold price today February 10, 2025 shows that the trend in the coming time is still upward, however, in the short term there will likely be adjustments.


1. PNJ - Updated: 01/01/1970 08:00 - Website time of supply - / Compared to yesterday.
Type Buy Sell
HCMC - PNJ 86,700 90,100
HCMC - SJC 86,800 90,300
Hanoi - PNJ 86,700 90,100
Hanoi - SJC 86,800 90,300
Da Nang - PNJ 86,700 90,100
Da Nang - SJC 86,800 90,300
Western Region - PNJ 86,700 90,100
Western Region - SJC 86,800 90,300
Jewelry gold price - PNJ 86,700 90,100
Jewelry gold price - SJC 86,800 90,300
Jewelry gold price - Southeast PNJ 86,700
Jewelry gold price - SJC 86,800 90,300
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 86,700
Jewelry gold price - Jewelry gold 999.9 86,700 89,200
Jewelry gold price - Jewelry gold 999 86,610 89,110
Jewelry gold price - Jewelry gold 99 85,910 88,410
Jewelry gold price - 916 gold (22K) 79,310 81,810
Jewelry gold price - 750 gold (18K) 64,550 67,050
Jewelry gold price - 680 gold (16.3K) 58,310 60,810
Jewelry gold price - 650 gold (15.6K) 55,630 58,130
Jewelry gold price - 610 gold (14.6K) 52,060 54,560
Jewelry gold price - 585 gold (14K) 49,830 52,330
Jewelry gold price - 416 gold (10K) 34,760 37,260
Jewelry gold price - 375 gold (9K) 31,100 33,600
Jewelry gold price - 333 gold (8K) 27,090 29,590

Update gold price today 2/10/2025

Domestic gold price is anchored above 90 million VND/tael.

Contrary to the usual trend every year when domestic gold prices often drop sharply after God of Wealth day, this year the prices of 9999 gold rings and SJC gold bars remained stable.

Specifically, on the afternoon of February 9, the price of gold bars listed by Saigon Jewelry Company SJC was at 86.8 - 90.3 million VND/tael (buy - sell); both buying and selling prices remained unchanged compared to the previous trading session. The difference between buying and selling prices of SJC gold at Saigon Jewelry Company SJC was at 3.5 million VND/tael.

Meanwhile, the price of SJC gold bars was listed by Bao Tin Minh Chau at 86.8-90.25 million VND/tael (buy - sell); unchanged in both directions compared to the beginning of the previous trading session. The difference between the buying and selling prices of SJC gold at Bao Tin Minh Chau was at 3.45 million VND/tael.

DOJI Group listed the price of SJC gold bars at 86.8-90.3 million VND/tael (buy - sell); unchanged in both directions compared to the beginning of the previous trading session. The difference between the buying and selling price of SJC gold at DOJI Group is at 3.5 million VND/tael.

Meanwhile, Bao Tin Minh Chau listed the price of gold rings at 86.8-90.25 million VND/tael (buy - sell), keeping both buying and selling prices unchanged compared to the beginning of yesterday's trading session. The difference between buying and selling is at 3.45 million VND/tael.

The 9999 Hung Thinh Vuong round gold ring at DOJI is listed at 86.6 - 89.4 million VND/tael (buy - sell); unchanged at the buy price and down 900,000 VND/tael at the sell price compared to the beginning of yesterday's trading session. The difference between the buy and sell price of the 9999 Hung Thinh Vuong round gold ring at DOJI is 2.8 million VND/tael.

World gold prices have increased for six consecutive weeks as escalating US-China trade tensions boosted global investor demand for risk protection.

Last week alone, world gold prices increased by more than 2.1%.

At the end of the session on February 9, the listed gold price on the Kitco exchange was at 2,861.2 USD/ounce, up 4.3 USD/ounce compared to the beginning of the previous trading session.

The main concern for investors in the gold market continues to be the uncertainty surrounding President Donald Trump's tariff policies.

On February 4, Mr. Trump decided to impose a 10% tariff on all Chinese goods. He also imposed a 25% tariff on Canadian and Mexican goods, but then delayed it for a month. However, he later announced his intention to impose reciprocal tariffs on US trading partners. This means that US tariffs will increase to match the tariffs that other countries impose on US goods.

The data has raised concerns that the Federal Reserve will have difficulty cutting interest rates quickly, especially since tariffs could also have an inflationary effect. A higher interest rate environment is not good for non-interest-bearing assets like gold.

Giá vàng hôm nay 10/2/2025
Gold price today February 10, 2025: Gold price consolidates the breakout momentum, keeps the upward momentum, when is the best time to buy for the best profit? (Source: Shutterstock)

Summary of SJC gold bar and gold ring prices at major domestic trading brands at the closing time of February 9:

Saigon Jewelry Company SJC: SJC gold bars 86.8 - 90.3 million VND/tael; SJC gold rings 86.8 - 89.8 million VND/tael.

DOJI Group: SJC gold bars 86.8 - 90.3 million VND/tael; 9999 round rings (Hung Thinh Vuong) 86.6 - 90.3 million VND/tael.

PNJ system: SJC gold bars 86.7 - 90.1 million VND/tael; PNJ 999.9 plain gold rings at 86.7 - 90.1 million VND/tael.

Phu Quy Gold and Silver Group: SJC gold bars: 86.8 - 90.3 million VND/tael; Phu Quy 999.9 round gold rings: 86.7 - 90.2 million VND/tael.

SJC gold price at Bao Tin Minh Chau is listed at 86.8 - 90.3 million VND/tael; round gold ring price is 86.8 - 90.25 million VND/tael.

Precious metals continue to consolidate their breakout momentum

The latest Kitco News weekly gold survey shows that industry experts are more bullish than ever on the precious metal, while retail investors also expect gold to continue rising in the short term.

Seventeen experts took part in the Kitco News gold survey. None of them predicted a decline in gold prices. Fifteen experts, or 88%, said they expect gold to continue to set new highs next week. Only two experts, or 12%, said they expect prices to remain sideways.

Meanwhile, 170 retail investors participated in Kitco's online survey, with a strong bullish sentiment. 120 investors, or 71 percent, expect gold prices to rise next week. 33 investors, or 19 percent, expect gold prices to fall. 17 investors, or 10 percent, expect prices to move sideways in the short term.

"Spot gold has just hit a new record high. That may make it difficult to buy, but I think it's even harder to bet against it when there's no sign of the rally ending. I still like gold higher," said James Stanley, senior market strategist at Forex.com.

Meanwhile, Colin Cieszynski, chief strategist at SIA Wealth Management, emphasized: "I remain bullish on gold next week. The precious metal continues to consolidate its recent breakout."

Commenting on domestic gold prices, according to expert Tran Duy Phuong, the trend of gold prices in the coming time is still upward, however, in the short term there will likely be adjustments.

Therefore, during this time, you should not buy gold for investment but should wait until the end of February, beginning of March for a higher rate of return.



Source: https://baoquocte.vn/gia-vang-hom-nay-1022025-gia-vang-cung-co-da-but-pha-trong-nuoc-khong-rot-tham-nhu-lich-su-mua-thoi-diem-nao-de-sinh-loi-tot-nhat-303710.html

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