Gold price today February 26, 2025: World and domestic gold prices stop increasing due to tariffs
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 was traded by businesses at 90.1-92.2 million VND/tael (buying - selling, increasing 100 thousand VND/tael in buying direction - increasing 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.
The latest gold price list today, February 26, 2025 is as follows:
| Gold price today | February 26, 2025 (Million VND) | Difference (thousand dong/tael) | ||
| Buy | Sell out | Buy | Sell out | |
| SJC in Hanoi | 89.7 | 92 | - | - |
| DOJI Group | 89.7 | 92 | - | - |
| Mi Hong | 90.7 | 91.8 | -300 | -200 |
| PNJ | 89.7 | 92 | - | - |
| Vietinbank Gold | 92 | - | ||
| Bao Tin Minh Chau | 90.1 | 92.2 | +100 | +200 |
| Phu Quy | 90.1 | 92.1 | +100 | +100 |
| 1.DOJI- Updated: 26/2/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| AVPL/SJC HN | 89,700 | 92,000 |
| AVPL/SJC HCM | 89,700 | 92,000 |
| AVPL/SJC DN | 89,700 | 92,000 |
| Raw material 9999 - HN | 91,000▲500K | 91,400▲300K |
| Raw materials 999 - HN | 90,900▲500K | 91,300▲300K |
| AVPL/SJC Can Tho | 89,700 | 92,000 |
| 2.PNJ- Updated: 26/2/2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| HCMC - PNJ | 90,700▲200K | 92,000 |
| HCMC - SJC | 89,700 | 92,000 |
| Hanoi - PNJ | 90,700▲200K | 92,000 |
| Hanoi - SJC | 89,700 | 92,000 |
| Da Nang - PNJ | 90,700▲200K | 92,000 |
| Da Nang - SJC | 89,700 | 92,000 |
| Western Region - PNJ | 90,700▲200K | 92,000 |
| Western Region - SJC | 89,700 | 92,000 |
| Jewelry gold price - PNJ | 90,700▲200K | 92,000 |
| Jewelry gold price - SJC | 89,700 | 92,000 |
| Jewelry gold price - Southeast | PNJ | 90,700▲200K |
| Jewelry gold price - SJC | 89,700 | 92,000 |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 90,700▲200K |
| Jewelry gold price - Jewelry gold 999.9 | 89,400 | 91,900 |
| Jewelry gold price - 999 jewelry gold | 89,310 | 91,810 |
| Jewelry gold price - 99 jewelry gold | 88,580 | 91,080 |
| Jewelry gold price - 916 gold (22K) | 81,780 | 84,280 |
| Jewelry gold price - 750 gold (18K) | 66,580 | 69,080 |
| Jewelry gold price - 680 gold (16.3K) | 60,140 | 62,640 |
| Jewelry gold price - 650 gold (15.6K) | 57,390 | 59,890 |
| Jewelry gold price - 610 gold (14.6K) | 53,710 | 56,210 |
| Jewelry gold price - 585 gold (14K) | 51,410 | 53,910 |
| Jewelry gold price - 416 gold (10K) | 35,880 | 38,380 |
| Jewelry gold price - 375 gold (9K) | 32,110 | 34,610 |
| Jewelry gold price - 333 gold (8K) | 27,980 | 30,480 |
| 3. SJC - Updated: 26/2/2025 04:30 - Website time of supply - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| SJC 1L, 10L, 1KG | 89,700 | 92,000 |
| SJC 5c | 89,700 | 92,020 |
| SJC 2c, 1C, 5 phan | 89,700 | 92,030 |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 89,700 | 91,800 |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 89,700 | 91,900 |
| 99.99% Jewelry | 89,700 | 91,500 |
| 99% Jewelry | 87,594 | 90,594 |
| Jewelry 68% | 59,376 | 62,376 |
| Jewelry 41.7% | 35,309 | 38,309 |
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.
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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 be imposed on time and as planned, 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 (Fed) to respond strongly and systematically to changes in inflation and the labor market, according to a study published on Monday by the San Francisco Fed, showing that financial markets are currently very sensitive to US economic data.
Rising inflation could force the Fed to keep interest rates high, which reduces 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 on 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 may then 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 US 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. He predicts gold will move closer to $3,000 an ounce this week.
Darin Newsom, senior market analyst at Barchart.com, agrees that uncertainty is not going away anytime soon, which is causing investors to 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.
