Gold prices this afternoon, February 20, 2025: Domestic gold prices reach new historical high.
Gold prices this afternoon, February 20, 2025: Domestic gold prices surpassed 92 million VND/ounce, while gold rings reached a new historical peak. World gold prices surged close to record highs.
Domestic gold prices this afternoon, February 20, 2025
As of 2:30 PM today, February 20, 2025, domestic gold dealers continue to increase the price of gold bars and gold rings for both buying and selling.
At Saigon Jewelry Company (SJC), the price of gold bars is listed at 90 million VND/ounce (buying price) and 92.3 million VND/ounce (selling price). This represents an increase of 400,000 VND/ounce in both buying and selling prices compared to the close of yesterday's trading session.
DOJI's system listed SJC gold at a buying price of 89.8 million VND/ounce and a selling price of 92.1 million VND/ounce. This price increased by 200,000 VND/ounce in both buying and selling directions compared to yesterday.
At Mi Hong Gold and Gemstone Company, the buying price of SJC gold is 90 million VND/ounce and the selling price is 91.5 million VND/ounce. Thus, compared to yesterday's session, the buying price decreased by 300,000 VND/ounce and the selling price decreased by 300,000 VND/ounce.
Bao Tin Minh Chau Co., Ltd. listed the price of SJC gold at 89.8 million VND/ounce (buying price) and 92.1 million VND/ounce (selling price). This price increased by 200,000 VND/ounce in both buying and selling directions compared to yesterday.
The latest gold price list for 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 HN | 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 Ho Chi Minh City | 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 - Website time of the supplier - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 89,800200K | 92,100200K |
| AVPL/SJC HCM | 89,800200K | 92,100200K |
| AVPL/SJC DN | 89,800200K | 92,100200K |
| Ingredients 9999 - HN | 90,400300K | 91,200200K |
| Ingredients 999 - HN | 90,300300K | 91,100200K |
| AVPL/SJC Can Tho | 89,800200K | 92,100200K |
| 2.PNJ- Updated: 20/2/2025 15:00 - Website time of the supplier - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| Ho Chi Minh City - PNJ | 90,300200K | 92,000100K |
| Ho Chi Minh City - SJC | 89,800200K | 92,100200K |
| Hanoi - PNJ | 90,300200K | 92,000100K |
| Hanoi - SJC | 89,800200K | 92,100200K |
| Da Nang - PNJ | 90,300200K | 92,000100K |
| Da Nang - SJC | 89,800200K | 92,100200K |
| Western Region - PNJ | 90,300200K | 92,000100K |
| Western Region - SJC | 89,800200K | 92,100200K |
| Gold jewelry prices - PNJ | 90,300200K | 92,000100K |
| Gold jewelry prices - SJC | 89,800200K | 92,100200K |
| Gold jewelry prices - Southeast Vietnam | PNJ | 90,300200K |
| Gold jewelry prices - SJC | 89,800200K | 92,100200K |
| Gold jewelry prices - Gold jewelry prices | PNJ Plain Ring 999.9 | 90,300200K |
| Gold jewelry prices - 999.9 gold jewelry | 89,400200K | 91,900200K |
| Gold jewelry prices - 999 gold jewelry | 89,310200K | 91,810200K |
| Gold jewelry prices - 99% pure gold jewelry | 88,580200K | 91,080200K |
| Jewelry gold prices - 916 (22K) gold | 81,780180K | 84,280180K |
| Jewelry gold price - 750 (18K) gold | 66,580150K | 69,080150K |
| Jewelry gold price - 680 gold (16.3K) | 60,140130K | 62,640130K |
| Jewelry gold price - 650 gold (15.6K) | 57,390130K | 59,890130K |
| Jewelry gold price - 610 gold (14.6K) | 53,710120K | 56,210120K |
| Jewelry gold prices - 585 Gold (14K) | 51,410110K | 53,910110K |
| Jewelry gold price - 416 Gold (10K) | 35,88080K | 38,38080K |
| Jewelry gold price - 375 (9K) gold | 32,11070K | 34,61070K |
| Jewelry gold price - 333 Gold (8K) | 27,98070K | 30,48070K |
| 3. SJC - Update: 20/2/2025 15:00 - Time of issue on source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC 1L, 10L, 1KG | 90,000400K | 92,300400K |
| SJC 5c | 90,000400K | 92,320400K |
| SJC 2c, 1C, 5 phân | 90,000400K | 92,330400K |
| SJC 99.99 gold rings, 1 tael, 2 taels, 5 taels. | 89,700100K | 92,000100K |
| SJC 99.99 gold rings, 0.3 tael, 0.5 tael | 89,700100K | 91,900100K |
| 99.99% Authentic Jewelry | 89,700100K | 91,500100K |
| 99% Jewelry | 87,59499K | 90,59499K |
| Jewelry 68% | 59,37668K | 62,37668K |
| Jewelry 41.7% | 35,309▲42K | 38,309▲42K |
The current buying price for SJC 9999 gold rings is 89.7 million VND/ounce and the selling price is 91.8 million VND/ounce. This represents an increase of 100,000 VND/ounce in both buying and selling prices compared to the close of yesterday's trading session.
For Hung Thinh Vuong 9999 gold rings (DOJI), the buying price increased to 90.6 million VND/ounce and the selling price surged to 92.3 million VND/ounce, an increase of 500,000 VND/ounce in the buying price and 400,000 VND/ounce in the selling price compared to yesterday.
In today's trading session, domestic gold prices continued their upward trend. SJC gold bars surpassed 92 million VND/ounce, while Doji gold rings reached the same price as gold bars.
Notably, on February 11th, the price of gold bars reached a record high of 93.1 million VND/ounce and gold rings reached a record high of 91.7 million VND/ounce. Thus, with this morning's trading levels, the price of gold bars is still 800,000 VND/ounce away from its historical peak, while the price of gold rings has set a new record at 92.3 million VND/ounce.
The sharp increase in domestic gold prices, coupled with the widening buy-sell spread, indicates a growing demand for trading, especially given the complex developments in the global gold market.
World gold prices this afternoon, February 20, 2025
World gold prices today, as of 3:00 PM on February 20th, extended their upward trend due to continued safe-haven buying supporting the precious metal this week, trading at $2,942 per ounce.
According to analysts, the domestic and international gold markets are being strongly affected by developments from the US Federal Reserve (FED) and US trade policies.
Another factor that could influence the direction of gold is the Fed's interest rate stance. Currently, US central bank officials remain uncertain about the impact of tariffs on inflation.
Minutes from the first Federal Reserve policy meeting of the year show that Fed officials believe the risks from the dual task (inflation and unemployment) are relatively balanced, while some participants pointed out that changes in trade and immigration policies could disrupt the process of reducing inflation. Participants also noted that some indicators of inflation expectations have recently risen. Consequently, a majority of Fed officials voted to keep interest rates unchanged.
The price of gold is also rising because investors continue to seek it as a safe haven, amid concerns that negotiations to end the conflict in Ukraine have not yielded the positive results expected.
With these new developments, gold prices are predicted to rise sharply and soon set new record highs as the world faces a great deal of uncertainty under the Trump presidency.
Washington is undergoing very significant strategic shifts. Under President Trump, the United States is undertaking a comprehensive revolution and restructuring global power. Direct negotiations with Russia regarding 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, and so on appears to be changing. This new strategy could destabilize international relations, destabilize the world, severely impact global supply chains, and consequently affect financial and commodity markets.
Instability is a strong supporting factor for gold.
Currently, the US is pushing to resolve the Ukraine issue, but this could be followed by cooperation with Russia and, later, a trade war with China and other countries. Gold prices are predicted to soon reach new record highs.
