Gold price this afternoon February 19, 2025: Domestic gold price increased to a lightning peak
Gold price this afternoon, February 19, 2025: Domestic gold price briefly peaked at 92 million and then dropped slightly. World gold price jumped to near record high.
Domestic gold price this afternoon February 19, 2025
As of 2:00 p.m. this afternoon, February 19, 2025, domestic gold prices increased sharply by millions of dong in both buying and selling directions.
At Saigon Jewelry Company (SJC), the price of gold bars is listed at VND89.6 million/tael (buy) and VND91.9 million/tael (sell). A sharp increase of VND1 million/tael in the buying direction - an increase of VND800,000/tael in the selling direction compared to the closing price of yesterday's trading session.
DOJI system listed SJC gold at buying price of 89.6 million VND/tael and selling price of 91.9 million VND/tael. This price increased sharply by 1 million VND/tael for buying - increased by 800 thousand VND/tael for selling compared to yesterday.
At Mi Hong Jewelry Company, the buying price of SJC gold is 88.5 million VND/tael and the selling price is 89.5 million VND/tael. Thus, compared to yesterday's session, the buying price decreased by 100 thousand VND/tael and the selling price decreased by 500 thousand VND/tael.
Bao Tin Minh Chau Company Limited listed the price of SJC gold at 90 million VND/tael (buy) and 91.4 million VND/tael (sell). This price increased sharply by 500 thousand VND/tael for buying - increased by 900 thousand VND/tael for selling compared to yesterday.
| Today (February 19, 2025) | Yesterday (February 18, 2025) | |||
| Purchase price | Selling price | Purchase price | Selling price | |
| SJC | 89,600▲1000 | 91,900▲800 | 88,600 | 91,100 |
| DOJI HN | 89,600▲1000 | 91,900▲800 | 88,600 | 91,100 |
| DOJI SG | 89,600▲1000 | 91,900▲800 | 88,600 | 91,100 |
| BTMC SJC | 89,600▲1000 | 91,900▲800 | 88,600 | 91,100 |
| Phu Quy SJC | 89,500▲800 | 91,900▲800 | 88,700 | 91,100 |
| PNJ HCMC | 90,100▲700 | 91,900▲900 | 89,400 | 91,000 |
| PNJ Hanoi | 90,100▲700 | 91,900▲900 | 89,400 | 91,000 |
| 1.DOJI- Updated: 2/19/2025 2:00 PM - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| DOJI Hanoi gold bars retail | 89,900▲1000K | 91,900▲800K |
| DOJI HCM gold bars retail | 89,900▲1000K | 91,900▲800K |
| AVPL/SJC DN | 89,600▲1000K | 91,900▲800K |
| Raw material 9999 - HN | 90,100▲500K | 90,700▲500K |
| Raw material 999 - HN | 90,000▲500K | 90,600▲500K |
| AVPL/SJC Can Tho | 89,600▲1000K | 91,900▲800K |
| 2.PNJ- Updated: 2/19/2025 2:00 PM - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 90,000▲600K | 91,900▲600K |
| HCMC - SJC | 90,100▲700K | 91,900▲900K |
| Hanoi - PNJ | 90,000▲600K | 91,900▲600K |
| Hanoi - SJC | 90,100▲700K | 91,900▲900K |
| Da Nang - PNJ | 90,000▲600K | 91,900▲600K |
| Da Nang - SJC | 90,100▲700K | 91,900▲900K |
| Western Region - PNJ | 90,000▲600K | 91,900▲600K |
| Western Region - SJC | 90,100▲700K | 91,900▲900K |
| Jewelry gold price - PNJ | 90,000▲600K | 91,900▲600K |
| Jewelry gold price - SJC | 90,100▲700K | 91,900▲900K |
| Jewelry gold price - Southeast | PNJ | 90,000▲600K |
| Jewelry gold price - SJC | 90,100▲700K | 91,900▲900K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 90,000▲600K |
| Jewelry gold price - Jewelry gold 999.9 | 89,000▲600K | 91,900▲600K |
| Jewelry gold price - Jewelry gold 999 | 88,910▲600K | 91,410▲600K |
| Jewelry gold price - Jewelry gold 99 | 88,190▲600K | 90,690▲600K |
| Jewelry gold price - 916 gold (22K) | 81,410▲550K | 83,910▲550K |
| Jewelry gold price - 750 gold (18K) | 66,280▲450K | 68,780▲450K |
| Jewelry gold price - 680 gold (16.3K) | 59,870▲410K | 62,370▲410K |
| Jewelry gold price - 650 gold (15.6K) | 57,130▲390K | 59,630▲390K |
| Jewelry gold price - 610 gold (14.6K) | 53,470▲370K | 55,970▲370K |
| Jewelry gold price - 585 gold (14K) | 51,180▲350K | 53,680▲350K |
| Jewelry gold price - 416 gold (10K) | 35,710▲250K | 38,210▲250K |
| Jewelry gold price - 375 gold (9K) | 31,960▲220K | 34,460▲220K |
| Jewelry gold price - 333 gold (8K) | 27,850▲200K | 30,350▲200K |
| 3. SJC - Updated: 2/19/2025 2:00 PM - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC 1L, 10L, 1KG | 89,600▲1000K | 91,900▲800K |
| SJC 5c | 89,600▲1000K | 91,920▲800K |
| SJC 2c, 1c, 5c | 89,600▲1000K | 91,930▲800K |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 89,600▲1000K | 91,700▲800K |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 89,600▲1000K | 91,800▲800K |
| Jewelry 99.99% | 89,600▲1000K | 91,400▲900K |
| Jewelry 99% | 87,495▲891K | 90,495▲891K |
| Jewelry 68% | 59,308▲612K | 62,308▲612K |
| Jewelry 41.7% | 35,267▲375K | 38,267▲375K |
The current buying price of SJC 9999 gold rings is 89.6 million VND/tael and the selling price is 91.7 million VND/tael. A sharp increase of 1 million VND/tael in the buying direction - an increase of 800 thousand VND/tael in the selling direction compared to the end of yesterday's trading session.
For Hung Thinh Vuong 9999 gold ring (DOJI), the buying price increased to 90.1 million VND/tael and the selling price increased sharply to 91.9 million VND/tael, an increase of 500 thousand VND/tael in buying - an increase of 800 thousand VND/tael in selling compared to yesterday.
At this price, the buying and selling gap has narrowed to its lowest level since the Lunar New Year 2025. Previously, the buying and selling gap was continuously high, at times reaching 4-5 million VND/tael. Notably, the buying price of gold shops in the opening session this morning was also at an unprecedented high.
According to the reporter's records at some large branded gold shops on Tran Nhan Tong Street (Hai Ba Trung, Hanoi) at 9:30 a.m., when the buying price of the shop was at an unprecedented high, many people lined up to bring gold to sell in order to 'take profit'.
World gold price this afternoon February 19, 2025
The world spot gold price at one point reached a new record high of 2,940 USD/ounce. However, the price then gradually decreased, as of 2:00 p.m. on February 19 (Vietnam time), it was only 2,933.56 USD/ounce, equivalent to an increase of 20.13 USD compared to yesterday.
Gold futures for April delivery rose $48.7 to $2,949.30 an ounce. Silver futures for March delivery rose $0.50 to $33.355 an ounce.
Gold futures for April delivery are in a strong uptrend with buyers now in control. Their next target is to push prices above the key resistance level at $3,000 an ounce.
On the other hand, the bears will try to push the price below the strong support level at $2,800/ounce. In the short term, gold needs to overcome the resistance level at $2,952.6/ounce and then move towards the contract high at $2,968.5/ounce. On the other hand, the nearest support levels are at $2,925/ounce and $2,900/ounce.
Although the world gold price is on the way to a strong recovery after the sell-off last weekend, experts say the precious metal is still cheap even when it reaches the $3,000/ounce mark.
In a recent research note, Adam Turnquist, chief technical strategist at LPL Financial, said that in the short term, gold is overbought and vulnerable to renewed selling pressure that could push it toward support near $2,800 an ounce. However, in the long term, even if gold hits $3,000 an ounce, the precious metal will still be relatively cheap.
'When you look back and compare gold to the S&P 500 over the past 30 years, gold still looks cheap relative to the broader market.'
Turnquist said a weaker US dollar would also support gold prices. Although the US dollar index is currently trading around 107, it is still below the multi-year highs set last month.
Investors are now waiting for news about the US-Russia talks to end the conflict in Ukraine. Gold is the top choice at the moment.
Gold prices could surge if negotiations fail or fail to deliver results, as well as negative reactions from Ukraine and the European Union (EU). On the contrary, gold has grounds to decline.
However, the world still has many upcoming wars, from trade, currency to technology, between the US and many countries, including China. Therefore, the forecast of gold increase is what most organizations and investors think.
