Gold prices remain high today, February 10, 2026, with SJC gold surging at the start of the week.

Gold prices rose today, February 10, 2026, in early week trading in the US amid no geopolitical hotspots emerging. SJC gold bars closed the week above 180 million VND per tael.

World gold prices today, February 10, 2026

At 9 PM on February 9th (Vietnam time), the spot gold price on the international market was $5,015 per ounce. Gold futures for March 2026 on the Comex New York exchange were at $5,014 per ounce.

The market enters a week of key US economic data releases, with the January jobs report (Wednesday) and the consumer price index (CPI) (Friday) being released unusually close together due to the impact of the previous partial federal government shutdown.

Economists forecast non- farm payrolls for January to increase by around 69,000 jobs, while the unemployment rate remains at 4.4%, near its highest level in four years.

In a press interview, US Treasury Secretary Scott Bessent suggested that Chinese traders contributed to the recent sharp fluctuations in the gold market.

Bessent noted that the gold market in China is becoming somewhat out of control, forcing a tightening of margin requirements. The current gold price movements appear to resemble a typical speculative surge.

Domestic gold prices are rising. Photo: Pham Hai

Mr. Bessent made this comment when asked about the record surge in precious metal prices, driven by speculative buying, geopolitical instability, and concerns about the independence of the US Federal Reserve (Fed), before abruptly ending at the end of January.

The US Treasury Secretary proposed that the Senate begin hearings on Kevin Warsh, President Trump's nominee to lead the Fed, despite Senator Thom Tillis's statement that he would block all nominations until the completion of a criminal investigation into current Chairman Jerome Powell.

Meanwhile, the US Commodity Futures Trading Commission (CFTC) said fund managers have sharply reduced their net long positions in gold to their lowest level since October, after the precious metal experienced its steepest price drop in more than a decade.

According to data released on Friday, hedge funds and large speculators reduced their net long positions by 23%, to 93,438 contracts in the week ending February 3, the lowest level in 15 weeks.

In Japan, Prime Minister Sanae Takaichi declared a resounding victory in the House of Representatives election last weekend and pledged to bolster financial market confidence amid growing concerns about funding for his tax cut plan.

Iranian President Masoud Pezeshkian said Friday's nuclear talks with the U.S. were a step forward, while asserting that dialogue is always the strategy for peacefully resolving issues.

Domestic gold prices today, February 10, 2026

At the close of trading on February 9th, the price of SJC gold bars was listed at 177.4-180.4 million VND/ounce (buy - sell), an increase of 1.1 million VND/ounce compared to the close of trading last weekend.

The price of SJC gold rings (1-5 tael) increased by 1.1 million VND/tael compared to the close of last week, ending the session at 176.9-179.9 million VND/tael (buy - sell).

The price of 9999 gold rings at Doji increased by 2 million VND/ounce compared to the closing price of the last trading session of the previous week, trading at 178-181 million VND/ounce (buy - sell).

The price of plain gold rings at Bao Tin Minh Chau increased by 600,000 VND/ounce compared to the end of last week, listed at 176.9-179.9 million VND/ounce (buy - sell).

Gold price forecast

Marc Chandler, Managing Director at Bannockburn Global Forex, believes the short-term trend is bullish, provided gold closes back above the psychological $5,000/ounce mark.

According to Chandler, the recent peak around $5,091 is merely an initial test, while the $5,140 area serves as a crucial technical confirmation. If this area is breached, the recent sharp correction could be considered complete.

From a longer-term perspective, Jesse Colombo, an independent precious metals analyst and founder of BubbleBubble Report, believes last week's sell-off was merely a technical event following a period of rapid growth.

Although gold briefly surpassed the $5,200/ounce target before plummeting nearly $1,000, Colombo believes the long-term upward structure has not been broken. The precious metals market is still in a multi-year bull cycle, with fundamental factors such as macroeconomic risks and safe-haven asset demand remaining intact.

Technically, Colombo noted that precious metals, mining stocks, and related ETFs have entered an oversold state. Increased pessimism among individual investors is a positive sign from a counter-argument. In the short term, a possible weekly close above $5,000 for gold would bolster confidence and pave the way for further gains.

Source: https://vietnamnet.vn/gia-vang-hom-nay-10-2-2026-neo-cao-sjc-bat-tang-dau-tuan-2489319.html