Gold price this afternoon February 20, 2025: Domestic gold price reaches new historical peak
Gold price this afternoon February 20, 2025: Domestic gold price exceeds 92 million VND/tael, while gold rings reach a new historical peak. World gold price soars to near record high.
Domestic gold price this afternoon February 20, 2025
As of 2:30 p.m. this afternoon, February 20, 2025, domestic gold shops continued to increase the price of gold bars and gold rings in both buying and selling directions.
At Saigon Jewelry Company (SJC), the price of gold bars was listed at 90 million VND/tael (buy) and 92.3 million VND/tael (sell). An increase of 400 thousand VND/tael in both buying and selling directions compared to the closing price of yesterday's trading session.
DOJI system listed SJC gold at buying price of 89.8 million VND/tael and selling price of 92.1 million VND/tael. This price increased by 200 thousand VND/tael in both buying and selling directions compared to yesterday.
At Mi Hong Jewelry Company, the buying price of SJC gold is 90 million VND/tael and the selling price is 91.5 million VND/tael. Thus, compared to yesterday's session, the buying price decreased by 300 thousand VND/tael and the selling price decreased by 300 thousand VND/tael.
Bao Tin Minh Chau Company Limited listed the price of SJC gold at 89.8 million VND/tael (buy) and 92.1 million VND/tael (sell). This price increased by 200 thousand VND/tael in both buying and selling directions compared to yesterday.
The latest gold price list today February 20, 2025 is as follows:
| Today (February 20, 2025) | Yesterday (February 19, 2025) | |||
| Purchase price | Selling price | Purchase price | Selling price | |
| SJC | 90,000▲400 | 92,300▲400 | 89,600 | 91,900 |
| DOJI Hanoi | 89,800▲200 | 92,100▲200 | 89,600 | 91,900 |
| DOJI SG | 89,800▲200 | 92,100▲200 | 89,600 | 91,900 |
| BTMC SJC | 89,900▲300 | 92,100▲200 | 89,600 | 91,900 |
| Phu Quy SJC | 89,900▲200 | 92,100▲200 | 89,700 | 91,900 |
| PNJ HCMC | 90,300▲200 | 92,000▲100 | 90,100 | 91,900 |
| PNJ Hanoi | 90,300▲200 | 92,000▲100 | 90,100 | 91,900 |
| 1.DOJI- Updated: 20/2/2025 15:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| AVPL/SJC HN | 89,800▲200K | 92,100▲200K |
| AVPL/SJC HCM | 89,800▲200K | 92,100▲200K |
| AVPL/SJC DN | 89,800▲200K | 92,100▲200K |
| Raw material 9999 - HN | 90,400▲300K | 91,200▲200K |
| Raw materials 999 - HN | 90,300▲300K | 91,100▲200K |
| AVPL/SJC Can Tho | 89,800▲200K | 92,100▲200K |
| 2.PNJ- Updated: 20/2/2025 15:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| HCMC - PNJ | 90,300▲200K | 92,000▲100K |
| HCMC - SJC | 89,800▲200K | 92,100▲200K |
| Hanoi - PNJ | 90,300▲200K | 92,000▲100K |
| Hanoi - SJC | 89,800▲200K | 92,100▲200K |
| Da Nang - PNJ | 90,300▲200K | 92,000▲100K |
| Da Nang - SJC | 89,800▲200K | 92,100▲200K |
| Western Region - PNJ | 90,300▲200K | 92,000▲100K |
| Western Region - SJC | 89,800▲200K | 92,100▲200K |
| Jewelry gold price - PNJ | 90,300▲200K | 92,000▲100K |
| Jewelry gold price - SJC | 89,800▲200K | 92,100▲200K |
| Jewelry gold price - Southeast | PNJ | 90,300▲200K |
| Jewelry gold price - SJC | 89,800▲200K | 92,100▲200K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 90,300▲200K |
| Jewelry gold price - Jewelry gold 999.9 | 89,400▲200K | 91,900▲200K |
| Jewelry gold price - 999 jewelry gold | 89,310▲200K | 91,810▲200K |
| Jewelry gold price - 99 jewelry gold | 88,580▲200K | 91,080▲200K |
| Jewelry gold price - 916 gold (22K) | 81,780▲180K | 84,280▲180K |
| Jewelry gold price - 750 gold (18K) | 66,580▲150K | 69,080▲150K |
| Jewelry gold price - 680 gold (16.3K) | 60,140▲130K | 62,640▲130K |
| Jewelry gold price - 650 gold (15.6K) | 57,390▲130K | 59,890▲130K |
| Jewelry gold price - 610 gold (14.6K) | 53,710▲120K | 56,210▲120K |
| Jewelry gold price - 585 gold (14K) | 51,410▲110K | 53,910▲110K |
| Jewelry gold price - 416 gold (10K) | 35,880▲80K | 38,380▲80K |
| Jewelry gold price - 375 gold (9K) | 32,110▲70K | 34,610▲70K |
| Jewelry gold price - 333 gold (8K) | 27,980▲70K | 30,480▲70K |
| 3. SJC - Updated: 20/2/2025 15:00 - Website time of supply - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| SJC 1L, 10L, 1KG | 90,000▲400K | 92,300▲400K |
| SJC 5c | 90,000▲400K | 92,320▲400K |
| SJC 2c, 1C, 5 phan | 90,000▲400K | 92,330▲400K |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 89,700▲100K | 92,000▲100K |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 89,700▲100K | 91,900▲100K |
| 99.99% Jewelry | 89,700▲100K | 91,500▲100K |
| 99% Jewelry | 87,594▲99K | 90,594▲99K |
| Jewelry 68% | 59,376▲68K | 62,376▲68K |
| Jewelry 41.7% | 35,309▲42K | 38,309▲42K |
The current buying price of SJC 9999 gold ring is 89.7 million VND/tael and selling price is 91.8 million VND/tael. An increase of 100 thousand VND/tael in both buying and selling prices compared to the closing price of yesterday's trading session.
For Hung Thinh Vuong 9999 gold ring (DOJI), the buying price increased to 90.6 million VND/tael and the selling price increased sharply to 92.3 million VND/tael, an increase of 500 thousand VND/tael in buying - an increase of 400 thousand VND/tael in selling compared to yesterday.
In today's trading session, domestic gold prices continued to increase. SJC gold bar prices exceeded 92 million VND/tael, while Doji gold rings were as high as gold bars.
Notably, on February 11, the price of gold bars set a record at 93.1 million VND/tael and gold rings set a record at 91.7 million VND/tael. Thus, with this morning's trading level, the price of gold bars is still 800 thousand VND/tael away from the historical peak, while the price of gold rings has set a new record at 92.3 million VND/tael.
The sharp increase in domestic gold prices while the buying and selling gap is widening shows that trading demand is showing signs of increasing, especially in the context of complicated developments in the world gold market.
World gold price this afternoon February 20, 2025
World gold prices today as of 3:00 p.m. on February 20 continued to increase as safe-haven buying continued to support the precious metal this week, trading at $2,942/ounce.
According to analysts, the domestic and foreign gold markets are being strongly affected by developments of the US Federal Reserve (FED) and US trade policies.
Another factor that could influence the direction of gold is the Fed's stance on interest rates. Currently, US central bank officials are still uncertain about the impact of tariffs on inflation.
Minutes of the US central bank's first policy meeting of the year showed that Fed officials viewed the risks from its dual mandate (inflation and unemployment) as roughly balanced, while some participants pointed to changes in trade and immigration policies that could disrupt the disinflation process. Participants also noted that some indicators of inflation expectations had risen recently. As a result, a majority of Fed officials voted to keep rates unchanged.
Gold prices also increased as investors continued to seek gold as a safe haven amid concerns that negotiations to end the conflict in Ukraine have not yet yielded positive results as expected.
With new developments, gold prices are expected to increase sharply and soon set new high records as the world faces many uncertainties under Mr. Trump's tenure as US President.
Washington is undergoing a very strong strategic shift. The United States under Trump is undertaking a comprehensive revolution and restructuring of global power. The US's direct negotiations with Russia on Ukraine, and Vice President JD Vance's criticism of European countries... are perhaps just the beginning of America's global strategy.
The US's thinking about partners, rivals, etc. seems to be changing. This new strategy can cause international relations to fluctuate, the world to be shaken, global supply chains to be strongly impacted, thereby affecting financial and commodity markets.
Volatility is a strong support factor for gold.
For now, the US is pushing to resolve the Ukraine issue, but that could be followed by cooperation with Russia and later a trade war with China and many other countries. Gold prices are expected to soon set a new record.
