Gold price this afternoon February 24, 2025: Domestic gold price skyrocketed to 92 million
Gold price this afternoon, February 24, 2025: Domestic gold price skyrocketed to 92 million. World gold price had breakthroughs to the top mixed with a few sharp declines.
Domestic gold price this afternoon February 24, 2025
As of 2:00 p.m. this afternoon, February 24, 2025, domestic gold prices increased 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). An increase 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 increased 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 91.2 million VND/tael and the selling price is 92 million VND/tael. Thus, compared to yesterday's session, the buying price increased by 500 thousand VND/tael and the selling price increased by 300 thousand VND/tael.
Bao Tin Minh Chau Company Limited listed the price of SJC gold at 90 million VND/tael (buy) and 92 million VND/tael (sell). This price increased by 400 thousand VND/tael for buying and 300 thousand VND/tael for selling compared to yesterday.
The latest gold price list today, February 24, 2025 is as follows:
| Today (February 24, 2025) | Yesterday (February 23, 2025) | |||
| Purchase price | Selling price | Purchase price | Selling price | |
| SJC | 89,700▲300 | 92,000▲300 | 89,400 | 91,700 |
| DOJI HN | 89,700▲300 | 92,000▲300 | 89,400 | 91,700 |
| DOJI SG | 89,700▲300 | 92,000▲300 | 89,400 | 91,700 |
| BTMC SJC | 90,000▲400 | 92,000▲300 | 89,600 | 91,700 |
| Phu Quy SJC | 90,000▲400 | 92,000▲300 | 89,600 | 91,700 |
| PNJ HCMC | 90,500▲400 | 92,000▲300 | 90,100 | 91,700 |
| PNJ Hanoi | 90,500▲400 | 92,000▲300 | 90,100 | 91,700 |
| 1.DOJI- Updated: 24/2/2025 14:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| 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 | 90,500▲500K | 91,100▲300K |
| Raw material 999 - HN | 90,400▲500K | 91,000▲300K |
| AVPL/SJC Can Tho | 89,700▲300K | 92,000▲300K |
| 2.PNJ- Updated: 24/2/2025 14:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 90,500▲400K | 92,000▲300K |
| HCMC - SJC | 89,700▲300K | 92,000▲300K |
| Hanoi - PNJ | 90,500▲400K | 92,000▲300K |
| Hanoi - SJC | 89,700▲300K | 92,000▲300K |
| Da Nang - PNJ | 90,500▲400K | 92,000▲300K |
| Da Nang - SJC | 89,700▲300K | 92,000▲300K |
| Western Region - PNJ | 90,500▲400K | 92,000▲300K |
| Western Region - SJC | 89,700▲300K | 92,000▲300K |
| Jewelry gold price - PNJ | 90,500▲400K | 92,000▲300K |
| Jewelry gold price - SJC | 89,700▲300K | 92,000▲300K |
| Jewelry gold price - Southeast | PNJ | 90,500▲400K |
| Jewelry gold price - SJC | 89,700▲300K | 92,000▲300K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 90,500▲400K |
| Jewelry gold price - Jewelry gold 999.9 | 89,400▲400K | 91,900▲400K |
| Jewelry gold price - Jewelry gold 999 | 89,310▲400K | 91,810▲400K |
| Jewelry gold price - Jewelry gold 99 | 88,580▲390K | 91,080▲390K |
| Jewelry gold price - 916 gold (22K) | 81,780▲370K | 84,280▲370K |
| Jewelry gold price - 750 gold (18K) | 66,580▲300K | 69,080▲300K |
| Jewelry gold price - 680 gold (16.3K) | 60,140▲270K | 62,640▲270K |
| Jewelry gold price - 650 gold (15.6K) | 57,390▲260K | 59,890▲260K |
| Jewelry gold price - 610 gold (14.6K) | 53,710▲240K | 56,210▲240K |
| Jewelry gold price - 585 gold (14K) | 51,410▲230K | 53,910▲230K |
| Jewelry gold price - 416 gold (10K) | 35,880▲170K | 38,380▲170K |
| Jewelry gold price - 375 gold (9K) | 32,110▲150K | 34,610▲150K |
| Jewelry gold price - 333 gold (8K) | 27,980▲130K | 30,480▲130K |
| 3. SJC - Updated: 24/2/2025 14:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC 1L, 10L, 1KG | 89,700▲300K | 92,000▲300K |
| SJC 5c | 89,700▲300K | 92,020▲300K |
| SJC 2c, 1c, 5c | 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 |
| Jewelry 99.99% | 89,600▲300K | 91,400▲300K |
| Jewelry 99% | 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 89.7 million VND/tael and the selling price is 91.8 million VND/tael. An increase of 400 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 90.5 million VND/tael and the selling price increased sharply to 92 million VND/tael, an increase of 500 thousand VND/tael in buying - an increase of 300 thousand VND/tael in selling compared to yesterday.
Gold shops still attract a large number of customers to buy 9999 plain round gold rings. However, most shops have announced that they are out of stock, have temporarily stopped accepting transactions, or are only open for sale during limited hours.
Currently, it is very difficult to buy gold rings at this time because you have to come at the right time when the store opens for sale. However, if you can catch this time, the gold shop has a rule that each person can only buy 1 tael of gold ring.
In the domestic market, gold rings and SJC are still on a strong upward trend following the world gold price increase, continuously reaching new records last week.
This week, domestic gold prices are forecast to continue to heat up following the world market. If the world gold price reaches 3,000 USD/ounce, many new peaks will be set for domestic gold prices.
World gold price this afternoon February 24, 2025
As of 2:00 p.m. on February 24, the world gold price listed on Kitco was at $2,939.71/ounce, up $3/ounce compared to early this morning. The gold futures price for April 2025 delivery on the Comex New York floor traded at $2,942/ounce.
Gold prices are near record highs, helped by a weaker US dollar. Attention now turns to a key inflation report due later this week.
Weak US economic data late last week weighed on the dollar, giving gold a leg up, according to Tim Waterer, chief market analyst at KCM Trade.
Moreover, the global trade situation remains uncertain, so gold may continue to rise and even break a new record this week.
Last week, US President Donald Trump threatened to impose new tariffs within a month or sooner, adding timber and forest products to a list already subject to tariffs that includes imported cars, semiconductors and pharmaceuticals.
In addition, the market is focusing on the PCE (Personal Consumption Expenditures) report – an inflation measure that the US Central Bank (Fed) is very interested in – to be released on Friday. This report can influence the Fed's decision to keep interest rates high or lower, thereby affecting gold prices.
If inflation picks up and the Fed keeps interest rates high, gold could become less attractive because it doesn’t pay interest like bank deposits. But for gold to break above $3,000 an ounce, it would need a really big reason, as supportive factors like the war situation have eased while other factors are already priced in, said Ajay Kedia, director at Kedia Commodities in Mumbai.
On the international front, Trump changed his tune on Friday, acknowledging Russia’s invasion of Ukraine and saying Kyiv was close to signing a rare earths deal with the US to help end the war. News like this could affect market sentiment, causing gold to continue to be sought after as a safe haven.
In addition to gold, spot silver prices rose slightly by 0.4% to $32.65 an ounce, platinum rose by 0.3% to $972.68 an ounce, and palladium fell by 0.4% to $965.81 an ounce.
