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Gold price today February 26, 2025: World and domestic gold prices stop increasing due to tariffs

Quoc DuongDNUM_CGZACZCACF 4:30

Gold price today February 26, 2025: World gold prices stopped increasing due to uncertainty about whether Mr. Trump will apply tariffs in March or not, causing domestic gold prices to remain almost flat at many stores.

Domestic gold price today February 26, 2025

At the time of survey at 4:30 a.m. on February 26, 2025, the gold price on the trading floors of some companies was as follows:

DOJI listed the price of 9999 gold today at 89.7 million VND/tael for buying and 92 million VND/tael for selling. No change in both buying and selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 90.7-91.8 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 300 thousand VND/tael for buying and decreased by 200 thousand VND/tael for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 90.1-92.2 million VND/tael (buying - selling, up 100 thousand VND/tael in buying direction - up 200 thousand VND/tael in selling direction compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 90.1-92.1 million VND/tael (buy - sell), an increase of 100 thousand VND/tael in buying - an increase of 100 thousand VND/tael in selling compared to yesterday.

Giá vàng hôm nay 26/2/2025: Giá vàng ngừng tăng vì thuế quan

The latest gold price list today, February 26, 2025 is as follows:

Gold price today
February 26, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
89.792
--
DOJI Group
89.7
92
-
-
Red Eyelashes
90.791.8
-300-200
PNJ
89.7
92
--
Vietinbank Gold
92

-
Bao Tin Minh Chau
90.1
92.2
+100+200
Phu Quy90.192.1+100+100
1.DOJI- Updated: 26/2/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
Type
BuySell
AVPL/SJC HN89,70092,000
AVPL/SJC HCM89,70092,000
AVPL/SJC DN89,70092,000
Raw material 9999 - HN91,000▲500K91,400▲300K
Raw material 999 - HN90,900▲500K91,300▲300K
AVPL/SJC Can Tho89,70092,000
2.PNJ- Updated: 26/2/2025 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
HCMC - PNJ90,700▲200K92,000
HCMC - SJC89,70092,000
Hanoi - PNJ90,700▲200K92,000
Hanoi - SJC89,70092,000
Da Nang - PNJ90,700▲200K92,000
Da Nang - SJC89,70092,000
Western Region - PNJ90,700▲200K92,000
Western Region - SJC89,70092,000
Jewelry gold price - PNJ90,700▲200K92,000
Jewelry gold price - SJC89,70092,000
Jewelry gold price - SoutheastPNJ90,700▲200K
Jewelry gold price - SJC89,70092,000
Jewelry gold price - Jewelry gold pricePNJ 999.9 Plain Ring90,700▲200K
Jewelry gold price - Jewelry gold 999.989,40091,900
Jewelry gold price - Jewelry gold 99989,31091,810
Jewelry gold price - Jewelry gold 9988,58091,080
Jewelry gold price - 916 gold (22K)81,78084,280
Jewelry gold price - 750 gold (18K)66,58069,080
Jewelry gold price - 680 gold (16.3K)60,14062,640
Jewelry gold price - 650 gold (15.6K)57,39059,890
Jewelry gold price - 610 gold (14.6K)53,71056,210
Jewelry gold price - 585 gold (14K)51,41053,910
Jewelry gold price - 416 gold (10K)35,88038,380
Jewelry gold price - 375 gold (9K)32,11034,610
Jewelry gold price - 333 gold (8K)27,98030,480
3. SJC - Updated: 26/2/2025 04:30 - Time of the source website - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 1L, 10L, 1KG89,70092,000
SJC 5c89,70092,020
SJC 2c, 1c, 5c89,70092,030
SJC 99.99 gold ring 1 chi, 2 chi, 5 chi89,70091,800
SJC 99.99 gold ring 0.3 chi, 0.5 chi89,70091,900
Jewelry 99.99%89,70091,500
Jewelry 99%87,59490,594
Jewelry 68%59,37662,376
Jewelry 41.7%35,30938,309

World gold price today February 26, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:00 a.m. today, Vietnam time, was 2,934.1 USD/ounce. Today's gold price decreased by 17.35 USD/ounce compared to yesterday. Converted according to the USD exchange rate, on the free market (25,730 VND/USD), the world gold price is about 92 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is equal to the international gold price.

World gold prices fell slightly by 0.59% after hitting $2,956.15 an ounce - the 11th record high this year. Meanwhile, US gold futures also fell by 0.3% to $2,953.30 an ounce.

According to analyst Giovanni Staunovo from UBS, the precious metals market is currently in a sideways trading phase, mainly due to uncertainty about whether the Trump administration will impose tariffs, as well as the extent of the impact of these measures as February comes to an end.

President Trump announced Monday that tariffs on goods imported from Canada and Mexico will go ahead as scheduled, despite efforts by the two countries to beef up border security and stem the flow of fentanyl into the United States ahead of a March 4 deadline.

'Mexico and Canada are major producers of gold and silver, so if these two metals are not exempted from tariffs, the price gap between the US and London markets is likely to continue to widen,' Staunovo added.

Fears of an impending trade war, sparked by Trump's tariff strategy, have pushed safe-haven gold prices above a historic $2,950 an ounce.

Meanwhile, investors and economists expect the US Federal Reserve to respond aggressively and systematically to changes in inflation and the labor market, according to a study released on Monday by the San Francisco Fed, suggesting that financial markets are now highly sensitive to US economic data.

Rising inflation could force the Fed to keep interest rates high, reducing the appeal of gold, a non-yielding asset.

Investors are now waiting for the US Personal Consumption Expenditures (PCE) report, due on Friday, to get a clearer view of the Fed's rate cut path and monetary policy.

Other precious metals also recorded losses, with silver down 0.6% to $32.14 an ounce, platinum down 0.3% to $964.05 an ounce, and palladium down 0.3% to $937.44 an ounce.

Gold Price Forecast

Inflation data could be the biggest risk to gold prices this week, according to Naeem Aslam, chief investment officer at Zaye Capital Markets.

Currently, the market is concerned about changes in monetary policy of central banks. If inflation falls faster than expected or central banks continue to tighten monetary policy aggressively, gold prices may come under pressure.

James Stanley, senior market strategist at Forex.com, said that gold prices will not face significant resistance until they hit $3,000 an ounce.

He said this is an important psychological level and the market needs time to 'digest' this price. Stanley expects gold to reach $3,000 an ounce, but then may fluctuate around this level for a while.

Lukman Otunuga, Chief Market Analyst at FXTM, believes that gold prices still have a lot of upside potential due to ongoing geopolitical uncertainty. He points out that demand for gold exchange-traded funds (ETFs) has increased in recent weeks.

However, Otunuga also warned that this week's U.S. PCE inflation report could be negative for gold if the Fed continues to delay rate cuts. If gold prices remain below $2,950 an ounce, it could fall to $2,900 an ounce.

Rich Checkan, chairman and CEO of Asset Strategies International, said continued market and geopolitical uncertainty are key factors supporting gold’s rally, predicting that gold will move closer to $3,000 an ounce this week.

Darin Newsom, senior market analyst at Barchart.com, agreed that uncertainty is not going away anytime soon, which is why investors continue to view gold as a safe-haven asset.

Similarly, experts from Commerzbank also said that gold is benefiting from the instability and is likely to soon reach the $3,000/ounce mark.

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Gold price today February 26, 2025: World and domestic gold prices stop increasing due to tariffs
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