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Gold price this afternoon February 21, 2025: Gold price decreased slightly due to selling pressure being much higher than buying pressure

Quoc DuongDNUM_CBZACZCACF 15:59

Gold price this afternoon, February 21, 2025: Domestic gold price decreased slightly in the short term due to selling pressure being much higher than buying pressure but still kept the price above 92 million. World gold price decreased sharply in the past 24 hours.

Domestic gold price this afternoon February 21, 2025

As of 3:00 p.m. this afternoon, February 21, 2025, domestic gold prices decreased slightly in both buying and selling directions.

At Saigon Jewelry Company (SJC), the price of gold bars is listed at VND89.7 million/tael (buy) and VND92 million/tael (sell). A decrease of VND300,000/tael in both buying and selling prices compared to the closing price of yesterday's trading session.

DOJI system listed SJC gold at buying price of 89.7 million VND/tael and selling price of 92 million VND/tael. This price decreased by 300 thousand VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the buying price of SJC gold is 90.5 million VND/tael and the selling price is 91.5 million VND/tael. Thus, compared to yesterday's session, the buying price increased by 500 thousand VND/tael and the selling price remained unchanged.

Bao Tin Minh Chau Company Limited listed the price of SJC gold at VND89.8 million/tael (buy) and VND92 million/tael (sell). This price decreased by VND300,000/tael in both buying and selling directions compared to yesterday.

Giá vàng chiều nay 21/2/2025: Giá vàng giảm nhẹ do lực bán cao hơn nhiều so với lực mua

The latest gold price list today, February 20, 2025 is as follows:

Today (February 21, 2025)Yesterday (February 20, 2025)
Purchase priceSelling pricePurchase priceSelling price
SJC
89,700▼30092,000▼30090,00092,300
DOJI HN
89,700▼30092,000▼30090,00092,300
DOJI SG
89,700▼30092,000▼30090,00092,300
BTMC SJC
89,800▼30092,000▼30090,10092,300
Phu Quy SJC
89,800▼30092,000▼30090,10092,300
PNJ HCMC
90,100▼30091,700▼50090,40092,200
PNJ Hanoi
90,100▼30091,700▼50090,40092,200
1.DOJI- Updated: 21/2/2025 15:00 - Source website time - ▼/▲ Compared to yesterday.
Type
BuySell
AVPL/SJC HN89,700▼300K92,000▼300K
AVPL/SJC HCM89,700▼300K92,000▼300K
AVPL/SJC DN89,700▼300K92,000▼300K
Raw material 9999 - HN90,300▼300K91,100▼300K
Raw material 999 - HN90,200▼300K91,000▼300K
AVPL/SJC Can Tho89,700▼300K92,000▼300K
2.PNJ- Updated: 21/2/2025 15:00 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
HCMC - PNJ90,200▼200K91,700▼200K
HCMC - SJC89,700▼300K91,700▼500K
Hanoi - PNJ90,200▼200K91,700▼200K
Hanoi - SJC89,700▼300K91,700▼500K
Da Nang - PNJ90,200▼200K91,700▼200K
Da Nang - SJC89,700▼300K91,700▼500K
Western Region - PNJ90,200▼200K91,700▼200K
Western Region - SJC89,700▼300K91,700▼500K
Jewelry gold price - PNJ90,200▼200K91,700▼200K
Jewelry gold price - SJC89,700▼300K91,700▼500K
Jewelry gold price - SoutheastPNJ90,200▼200K
Jewelry gold price - SJC89,700▼300K91,700▼500K
Jewelry gold price - Jewelry gold pricePNJ 999.9 Plain Ring90,200▼200K
Jewelry gold price - Jewelry gold 999.989,400▼200K91,900▼200K
Jewelry gold price - Jewelry gold 99989,310▼200K91,810▼200K
Jewelry gold price - Jewelry gold 9988,580▼200K91,080▼200K
Jewelry gold price - 916 gold (22K)81,780▼180K84,280▼180K
Jewelry gold price - 750 gold (18K)66,580▼150K69,080▼150K
Jewelry gold price - 680 gold (16.3K)60,140▼140K62,640▼140K
Jewelry gold price - 650 gold (15.6K)57,390▼130K59,890▼130K
Jewelry gold price - 610 gold (14.6K)53,710▼120K56,210▼120K
Jewelry gold price - 585 gold (14K)51,410▼120K53,910▼120K
Jewelry gold price - 416 gold (10K)35,880▼80K38,380▼80K
Jewelry gold price - 375 gold (9K)32,110▼80K34,610▼80K
Jewelry gold price - 333 gold (8K)27,980▼60K30,480▼60K
3. SJC - Updated: 21/2/2025 15:00 - Time of the source website - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 1L, 10L, 1KG89,700▼300K92,000▼300K
SJC 5c89,700▼300K92,020▼300K
SJC 2c, 1c, 5c89,700▼300K92,030▼300K
SJC 99.99 gold ring 1 chi, 2 chi, 5 chi89,600▼300K91,700▼300K
SJC 99.99 gold ring 0.3 chi, 0.5 chi89,600▼300K91,800▼300K
Jewelry 99.99%89,600▼300K91,400▼300K
Jewelry 99%87,495▼297K90,495▼297K
Jewelry 68%59,308▼204K62,308▼204K
Jewelry 41.7%35,267▼125K38,267▼125K

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 decrease of 300 thousand VND/tael in both buying and selling directions compared to the end of yesterday's trading session.

For Hung Thinh Vuong 9999 gold ring (DOJI), the buying price increased to 90.3 million VND/tael and the selling price increased sharply to 92 million VND/tael, a decrease of 300 thousand VND/tael in buying - a decrease of 300 thousand VND/tael in selling compared to yesterday.

Gold prices at Mi Hong are moving in the opposite direction of other businesses, increasing by 500,000 VND/tael in buying price. This means that if people sell SJC gold bars at Mi Hong, they will make a profit of 800,000 VND more than selling at other stores.

From morning to noon, the purchase price at this gold brand was over 90 million VND/tael for both gold bars and gold rings, the highest transaction price in many days, so there were quite a lot of customers coming to sell gold. There was no more standing room in the purchasing area. Customers had to wait for their turn to trade.

Sellers mainly sell gold bars, gold rings, and jewelry. Many people bring gold bracelets, bangles, and necklaces to sell when they see the price of gold surpassing 90 million VND/tael. The selling pressure is much higher than the buying pressure at gold shops.

World gold price this afternoon February 21, 2025

As of 3:00 p.m. on February 21, the world gold price listed on Kitco was at 2,923.81 USD/ounce, down sharply by 30.38 USD/ounce compared to early this morning.

In recent sessions, world gold prices have fluctuated within a large range amid economic instability pressure due to President Trump imposing tariffs on a number of countries exporting goods to the US.

Gold’s rally was fueled by President Trump’s comments on new tariffs on autos and pharmaceuticals, which could pave the way for gold to hit $3,000 an ounce, said Zain Vawda, market analyst at MarketPulse (OANDA).

Giovanni Staunovo, an analyst at UBS, said central banks will continue to buy gold in the near future. This will benefit gold in the future.

According to LSEG (a UK-based financial information and securities trading group), traders now expect the Fed to have at least one 25 basis point interest rate cut and there is a 44% chance of another cut in December.

Meanwhile, gold exports from Switzerland rose in January from a year earlier, as supplies to the United States jumped to their highest level in at least 13 years.

Looking ahead to gold, commodity analysts at Metals Focus said they expect gold prices to hit a high of $3,000 an ounce in the second quarter of this year; however, they noted that there is still a risk of profit-taking in the short term.

Gold for April delivery maintained a strong upward trend, with the main driving force coming from safe-haven demand and speculative money flows. Currently, the important resistance level is determined at $2,973.4 / ounce - the highest level just established, followed by $2,985 / ounce. If gold breaks the $3,000 / ounce threshold, the upward momentum could continue.

On the other hand, the nearest support level is $2,933.70 an ounce - the low of Wednesday's trading session, before retreating to $2,900 an ounce. If the price falls below $2,850 an ounce, selling pressure could increase, pushing the market into a deeper correction.

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Gold price this afternoon February 21, 2025: Gold price decreased slightly due to selling pressure being much higher than buying pressure
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