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Gold bar and gold ring prices today (February 17): Strong increase

Báo Công thươngBáo Công thương17/02/2025

Gold bar and gold ring prices today (February 17): In the domestic market, SJC gold bar and gold ring prices increased again after a sharp decline last weekend.


Gold bar price today

At the time of survey at 10:00 a.m. on February 17, 2025, the price of gold bars on the trading floors of some companies was listed as follows:

The price of SJC gold bars was listed by Saigon Jewelry Company (SJC) and DOJI Jewelry Group at VND87.6 - 90.6 million/tael (buy - sell), an increase of VND300,000/tael in both buying and selling compared to the closing price of last weekend.

The highest price of last week and also the record of gold bars was recorded at 90.1 - 93.1 million VND/tael (buy - sell) on February 11. Thus, each tael of SJC gold bar is still 2.5 million VND lower in both directions compared to the record peak.

Similar to SJC, other large gold companies in the market such as Phu Nhuan Jewelry Joint Stock Company (PNJ), Bao Tin Minh Chau, Phu Quy Group, and Bao Tin Manh Hai also increased the price of gold bars to 90.6 million VND/tael.

The price of SJC Mi Hong gold bars is currently trading at 89-89.8 million VND/tael for buying and selling, an increase of 20,000 VND/tael for buying and unchanged for selling compared to the closing price of yesterday's trading session. The difference between buying and selling prices is 200,000 VND.

Giá vàng miếng và vàng nhẫn hôm nay (17/02)
Gold bar and gold ring prices today (February 17). Photo PC

Meanwhile, Ngoc Tham Company listed gold bars at 87.8-90 million VND/tael (buy - sell), unchanged in both buying and selling directions compared to yesterday.

Gold ring price today

Meanwhile, the price of gold rings increased slightly. Saigon Jewelry Company (SJC) listed the price of gold rings at VND87.6 - 90.4 million/tael (buy - sell); an increase of VND300,000/tael in both buying and selling compared to the closing price of last weekend.

DOJI Group listed the price of DOJI Hung Thinh Vuong 9999 gold ring unchanged from yesterday's closing price, with buying and selling transactions at 88.3-90.3 million VND/tael, respectively.

At Bao Tin Minh Chau Company, the listed price of gold rings is at 88.95 - 90.6 million VND/tael (buy - sell); an increase of 400,000 VND/tael for buying and an increase of 500,000 VND/tael for selling compared to the closing price at the end of last week.

Similarly, PNJ also listed an increase of 400,000 VND in buying price and 300,000 VND in selling price, currently anchoring the price of round gold rings at 88.7 - 90.5 million VND/tael and 88.95 - 90.6 million VND/tael, respectively.

Phu Quy also increased the price of round gold rings this morning by 200,000-300,000 VND, up to around 88.7 - 90.6 million VND/tael. Mi Hong also increased the price of 999 gold rings by 200,000 VND per tael, currently trading at 88.6 - 90 million VND/tael.

1. DOJI - Updated: February 17, 2025 09:26 - Time of the source website - / Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 87,600 ▲300K 90,600 ▲300K
AVPL/SJC HCM 87,600 ▲300K 90,600 ▲300K
AVPL/SJC DN 87,600 ▲300K 90,600 ▲300K
Raw material 9999 - HN 89,100 ▲800K 89,700 ▲300K
Raw material 999 - HN 89,000 ▲800K 89,600 ▲300K
AVPL/SJC Can Tho 87,600 ▲300K 90,600 ▲300K
2. PNJ - Updated: 01/01/1970 08:00 - Website time of supply source - / Compared to yesterday.
Type Buy Sell
HCMC - PNJ 88,700 ▲400K 90,500 ▲300K
HCMC - SJC 87,600 ▲300K 90,600 ▲300K
Hanoi - PNJ 88,700 ▲400K 90,500 ▲300K
Hanoi - SJC 87,600 ▲300K 90,600 ▲300K
Da Nang - PNJ 88,700 ▲400K 90,500 ▲300K
Da Nang - SJC 87,600 ▲300K 90,600 ▲300K
Western Region - PNJ 88,700 ▲400K 90,500 ▲300K
Western Region - SJC 87,600 ▲300K 90,600 ▲300K
Jewelry gold price - PNJ 88,700 ▲400K 90,500 ▲300K
Jewelry gold price - SJC 87,600 ▲300K 90,600 ▲300K
Jewelry gold price - Southeast PNJ 88,700 ▲400K
Jewelry gold price - SJC 87,600 ▲300K 90,600 ▲300K
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 88,700 ▲400K
Jewelry gold price - Jewelry gold 999.9 88,700 ▲1100K 90,300 ▲200K
Jewelry gold price - Jewelry gold 999 87,710 ▲200K 90,210 ▲200K
Jewelry gold price - Jewelry gold 99 87,000 ▲200K 89,500 ▲200K
Jewelry gold price - 916 gold (22K) 80,320 ▲190K 82,820 ▲190K
Jewelry gold price - 750 gold (18K) 65,380 ▲150K 67,880 ▲150K
Jewelry gold price - 680 gold (16.3K) 59,050 ▲130K 61,550 ▲130K
Jewelry gold price - 650 gold (15.6K) 56,350 ▲130K 58,850 ▲130K
Jewelry gold price - 610 gold (14.6K) 52,730 ▲120K 55,230 ▲120K
Jewelry gold price - 585 gold (14K) 50,480 ▲120K 52,980 ▲120K
Jewelry gold price - 416 gold (10K) 35,220 ▲90K 37,720 ▲90K
Jewelry gold price - 375 gold (9K) 31,510 ▲70K 34,010 ▲70K
Jewelry gold price - 333 gold (8K) 27,450 ▲70K 29,950 ▲70K
3. AJC - Updated: 02/17/2025 00:00 - Source website time - / Compared to yesterday.
Type Buy Sell
Jewelry 99.99 8,810 ▲170K 9,050 ▲30K
99.9 Jewelry 8,800 ▲170K 9,040 ▲30K
NL 99.99 8,810 ▲170K
Round ring not sealed in blister T.Binh 8,800 ▲170K
Round, 3A, Yellow T.Bình 8,900 ▲170K 9,060 ▲30K
Round, 3A, Yellow N.An 8,900 ▲170K 9,060 ▲30K
Round N., 3A, Yellow Street, Hanoi 8,900 ▲170K 9,060 ▲30K
SJC Thai Binh pieces 8,760 ▼90K 9,060 ▲30K
SJC Nghe An pieces 8,760 ▼90K 9,060 ▲30K
SJC Hanoi Piece 8,760 ▼90K 9,060 ▲30K

World gold prices started the new trading week this morning (February 17) with a significant increase, after a strong sell-off on Friday. Analysts said that the downward pressure on gold prices in the short term is strong, but the long-term upward trend remains stable.

At nearly 9:00 a.m. Vietnam time, the spot gold price in the Asian market increased by 8.2 USD/oz compared to the closing price on Friday, equivalent to an increase of 0.28%, trading at 2,891.3 USD/oz. Converted according to the USD selling rate at Vietcombank, this price is equivalent to about 89.1 million VND/tael, an increase of 200,000 VND/tael compared to the weekend.

The main driver of gold prices this week was concerns about US President Donald Trump's tariff policy. He directed the development of a plan to impose reciprocal tariffs on countries that tax imported goods from the US, causing the market to worry about an escalating trade war. Along with that, US economic data also affected gold prices, when retail sales in January 2025 fell the most in nearly two years, raising concerns about the US economic growth outlook. In that context, investors continue to closely monitor the stance of the US Federal Reserve (Fed).

Despite market expectations for a Fed rate cut this year, Fed officials have been cautious. Fed Chairman Jerome Powell stressed that inflation remains a major concern and the central bank is in no rush to change monetary policy. This has created some headwinds for gold, as higher interest rates reduce the appeal of the precious metal.

Reference addresses of popular gold shops in Hanoi:

1. Bao Tin Minh Chau - 15 - 29 Tran Nhan Tong, Bui Thi Xuan, Hai Ba Trung, Hanoi

2. DOJI Gold and Gemstone Company - 5 Le Duan, Dien Bien, Ba Dinh, Hanoi

3. SJC store chain in the Northern region - 18 Tran Nhan Tong, Nguyen Du Ward, Hai Ba Trung District, Hanoi City

4. PNJ store chain in the Northern region - 222 Tran Duy Hung, Trung Hoa, Cau Giay, Hanoi

5. Phu Quy Gold and Silver - No. 30 Tran Nhan Tong, Hai Ba Trung, Hanoi

6. Ngoc Anh Gold and Silver – No. 47 Lo Duc, Pham Dinh Ho, Hai Ba Trung, Hanoi

7. Gold Quy Tung – No. 102 Khuong Dinh, Thanh Xuan, Hanoi

8. Bao Tin Lan Vy - No. 84A, Tran Duy Hung, Cau Giay, Hanoi

9. Hoang Anh Gold and Silver – No. 43 Thai Thinh, Dong Da, Hanoi

10. Huy Thanh Jewelry - No. 23/100 (old number: No. 30A, lane 8), Doi Can, Ba Dinh, Hanoi

Reference addresses of popular gold shops in Ho Chi Minh City:

1. Mi Hong Gold Shop - 306 Bui Huu Nghia, Ward 2, Binh Thanh District, HCMC

2. Kim Ngoc Thuy Gold Shop - 466 Hai Ba Trung, Tan Dinh Ward, District 1, HCMC

3. Saigon Jewelry Company Limited - 418-420 Nguyen Thi Minh Khai, Ward 5, District 3, HCMC

4. Tan Tien Jewelry - No. 161 Hanoi Highway, Thao Dien Ward, District 2, HCMC

5. Ngoc Tham Gold, Silver, Gemstones - No. 161 Hanoi Highway, Thao Dien Ward, District 2, HCMC

6. Kim Thanh Thao Gold Shop - 209 Tan Huong, Tan Quy Ward, Tan Phu District, HCMC

7. Kim Thanh Nam Gold Shop - 81A, Nguyen Duy Trinh, Binh Trung Tay Ward, District 2, HCMC

8. Kim Mai Gold Shop - 84C, Cong Quynh, Pham Ngu Lao Ward, District 1, HCMC

9. PNJ chain stores in the Southern region - Booth R011838, Ground floor, Diamond Plaza Shopping Center, 34 Le Duan, Ben Nghe Ward, District 1, HCMC

10. DOJI Gold and Gemstone Company – 81-85 Ham Nghi, Nguyen Thai Binh Ward, District 1, HCMC



Source: https://congthuong.vn/gia-vang-mieng-va-vang-nhan-hom-nay-1702-bat-tang-manh-374133.html

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