Gold price this afternoon February 21, 2025: Gold price decreased slightly due to selling pressure being much higher than buying pressure
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 was 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 89.8 million VND/tael (buy) and 92 million VND/tael (sell). This price decreased by 300 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 21, 2025) | Yesterday (February 20, 2025) | |||
| Purchase price | Selling price | Purchase price | Selling price | |
| SJC | 89,700▼300 | 92,000▼300 | 90,000 | 92,300 |
| DOJI Hanoi | 89,700▼300 | 92,000▼300 | 90,000 | 92,300 |
| DOJI SG | 89,700▼300 | 92,000▼300 | 90,000 | 92,300 |
| BTMC SJC | 89,800▼300 | 92,000▼300 | 90,100 | 92,300 |
| Phu Quy SJC | 89,800▼300 | 92,000▼300 | 90,100 | 92,300 |
| PNJ HCMC | 90,100▼300 | 91,700▼500 | 90,400 | 92,200 |
| PNJ Hanoi | 90,100▼300 | 91,700▼500 | 90,400 | 92,200 |
| 1.DOJI- Updated: 21/2/2025 15:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| AVPL/SJC HN | 89,700▼300K | 92,000▼300K |
| AVPL/SJC HCM | 89,700▼300K | 92,000▼300K |
| AVPL/SJC DN | 89,700▼300K | 92,000▼300K |
| Raw material 9999 - HN | 90,300▼300K | 91,100▼300K |
| Raw materials 999 - HN | 90,200▼300K | 91,000▼300K |
| AVPL/SJC Can Tho | 89,700▼300K | 92,000▼300K |
| 2.PNJ- Updated: 21/2/2025 15:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| HCMC - PNJ | 90,200▼200K | 91,700▼200K |
| HCMC - SJC | 89,700▼300K | 91,700▼500K |
| Hanoi - PNJ | 90,200▼200K | 91,700▼200K |
| Hanoi - SJC | 89,700▼300K | 91,700▼500K |
| Da Nang - PNJ | 90,200▼200K | 91,700▼200K |
| Da Nang - SJC | 89,700▼300K | 91,700▼500K |
| Western Region - PNJ | 90,200▼200K | 91,700▼200K |
| Western Region - SJC | 89,700▼300K | 91,700▼500K |
| Jewelry gold price - PNJ | 90,200▼200K | 91,700▼200K |
| Jewelry gold price - SJC | 89,700▼300K | 91,700▼500K |
| Jewelry gold price - Southeast | PNJ | 90,200▼200K |
| Jewelry gold price - SJC | 89,700▼300K | 91,700▼500K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 90,200▼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▼140K | 62,640▼140K |
| 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▼120K | 53,910▼120K |
| Jewelry gold price - 416 gold (10K) | 35,880▼80K | 38,380▼80K |
| Jewelry gold price - 375 gold (9K) | 32,110▼80K | 34,610▼80K |
| Jewelry gold price - 333 gold (8K) | 27,980▼60K | 30,480▼60K |
| 3. SJC - Updated: 21/2/2025 15:00 - Website time of supply - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| SJC 1L, 10L, 1KG | 89,700▼300K | 92,000▼300K |
| SJC 5c | 89,700▼300K | 92,020▼300K |
| SJC 2c, 1C, 5 phan | 89,700▼300K | 92,030▼300K |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 89,600▼300K | 91,700▼300K |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 89,600▼300K | 91,800▼300K |
| 99.99% Jewelry | 89,600▼300K | 91,400▼300K |
| 99% Jewelry | 87,495▼297K | 90,495▼297K |
| Jewelry 68% | 59,308▼204K | 62,308▼204K |
| Jewelry 41.7% | 35,267▼125K | 38,267▼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 prices 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 price at Mi Hong is moving in the opposite direction of other businesses when the buying price has increased by 500 thousand VND/tael, which means that if people sell SJC gold bars at Mi Hong, they will make a profit of 800 thousand VND more than selling at other stores.
From morning to almost noon, the purchasing 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 space 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, necklaces, and bracelets to sell when they see the gold price 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.
Zain Vawda, market analyst at MarketPulse (OANDA), said the gold rally was fueled by President Trump’s comments on new tariffs on cars and pharmaceuticals, which could pave the way for gold prices to reach $3,000 an ounce.
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 USD/ounce - the highest level just set, followed by 2,985 USD/ounce. If gold breaks the 3,000 USD/ounce threshold, the upward momentum could continue.
On the other hand, the nearest support level is $2,933.70/ounce - the low of Wednesday's trading session, before retreating to $2,900/ounce. If the price falls below $2,850/ounce, selling pressure could increase, pushing the market into a deeper correction.
