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Domestic gold market experiences sharp decline.

Báo Công thươngBáo Công thương13/02/2025

Gold prices today, February 13, 2025: While world gold prices are regaining momentum, domestic gold prices have fallen sharply by more than 1 million VND per ounce in both buying and selling prices.


Gold price today, February 13, 2025

As of 4:30 AM on February 13, 2025, the gold prices on the exchanges of several companies were as follows:

At Saigon Jewelry Company (SJC), the price of gold bars was listed at 86.7-90.2 million VND/ounce (selling price), a decrease of 300,000 VND/ounce in the selling price and a decrease of 1.3 million VND/ounce in the buying price compared to the close of yesterday's trading session.

DOJI's system listed SJC gold at a buying price of 86.7 million VND/ounce and a selling price of 90.2 million VND/ounce. This represents a sharp decrease of 1.3 million VND/ounce in the buying price and 300,000 VND/ounce in the selling price compared to yesterday.

Meanwhile, at Mi Hong Gold and Gemstone Company, the listed price of SJC gold at the time of survey was 88.3-89.7 million VND/ounce for buying and selling. Compared to yesterday, the price increased by 200,000 VND/ounce for buying and decreased by 200,000 VND/ounce for selling.

At Bao Tin Minh Chau Co., Ltd., the price of SJC gold is being traded at 86.7-90.2 million VND/ounce (buying price - selling price), a decrease of 1.3 million VND/ounce in the buying price and a decrease of 300,000 VND/ounce in the selling price compared to yesterday.

At Phu Quy, SJC gold prices are being traded at 86.7-90.2 million VND/ounce (buy-sell), a decrease of 1.5 million VND/ounce in the buying price and 500,000 VND/ounce in the selling price compared to yesterday.

Giá vàng hôm nay 13/02/2025
Gold price today, February 13, 2025. Photo: PC

The latest gold price list for today, February 13, 2025, is as follows:

Gold price today February 13, 2025
(Million VND)
Difference
(thousand dong/ounce)
Buy Sell Buy Sell
SJC in Hanoi 86.7 90.2 -300 -300
DOJI Group 86.7 90.2 -300 -300
Mi Hong 88.3 89.7 +200 -200
PNJ 86.7 90.2 -300 -300
Vietcombank Gold 90.2 -300
Bao Tin Minh Chau 86.7 90.2 -300 -300
Phu Quy 86.7 90.2 -200 -300
1. DOJI - Updated: 13/02/2025 15:44 - Website time of supply - / Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 87,700 ▲1000K 90,700 ▲500K
AVPL/SJC HCM 87,700 ▲1000K 90,700 ▲500K
AVPL/SJC DN 87,700 ▲1000K 90,700 ▲500K
Raw materials 9999 - HN 89,000 ▲500K 89,800 ▲500K
Ingredients 999 - HN 88,900 ▲500K 89,700 ▲500K
AVPL/SJC Can Tho 87,700 ▲1000K 90,700 ▲500K
2. PNJ - Updated: 01/01/1970 08:00 - Website time of source - / Compared to yesterday.
Type Buy Sell
Ho Chi Minh City - PNJ 89,000 ▲1100K 90,650 ▲550K
Ho Chi Minh City - SJC 87,700 ▲1,000K 90,700 ▲500K
Hanoi - PNJ 89,000 ▲1100K 90,650 ▲550K
Hanoi - SJC 87,700 ▲1,000K 90,700 ▲500K
Da Nang - PNJ 89,000 ▲1100K 90,650 ▲550K
Da Nang - SJC 87,700 ▲1,000K 90,700 ▲500K
Western Region - PNJ 89,000 ▲1100K 90,650 ▲550K
Western Region - SJC 87,700 ▲1,000K 90,700 ▲500K
Gold jewelry prices - PNJ 89,000 ▲1100K 90,650 ▲550K
Gold jewelry prices - SJC 87,700 ▲1,000K 90,700 ▲500K
Gold jewelry prices - Southeast Vietnam PNJ 89,000 ▲1100K
Gold jewelry prices - SJC 87,700 ▲1,000K 90,700 ▲500K
Gold jewelry prices - Gold jewelry prices PNJ Plain Ring 999.9 89,000 ▲1100K
Gold jewelry prices - 999.9 gold jewelry 87,900 ▲400K 90.400 ▲400K
Gold jewelry prices - 999 gold jewelry 87,810 ▲400K 90,310 ▲400K
Gold jewelry prices - 99% pure gold jewelry 87,100 ▲400K 89,600 ▲400K
Jewelry gold prices - 916 (22K) gold 80,410 ▲370K 82,910 ▲370K
Jewelry gold price - 750 (18K) gold 65,450 ▲300K 67,950 ▲300K
Jewelry gold price - 680 gold (16.3K) 59,120 ▲270K 61,620 ▲270K
Jewelry gold price - 650 gold (15.6K) 56,410 ▲260K 58,910 ▲260K
Jewelry gold price - 610 gold (14.6K) 52,790 ▲240K 55,290 ▲240K
Jewelry gold prices - 585 Gold (14K) 50,530 ▲230K 53,030 ▲230K
Jewelry gold price - 416 Gold (10K) 35,260 ▲170K 37,760 ▲170K
Jewelry gold price - 375 (9K) gold 31,550 ▲150K 34,050 ▲150K
Jewelry gold price - 333 Gold (8K) 27,480 ▲130K 29,980 ▲130K
3. AJC - Update: 13/02/2025 00:00 - Time on source website - / Compared to yesterday.
Type Buy Sell
99.99 Jewelry 8,820 ▲80K 9,055 ▲45K
99.9% Jewelry 8,810 ▲80K 9,045 ▲45K
NL 99.99 8,820 ▲80K
Round rings, not blister-packed, T.Binh 8,810 ▲80K
N.Tron, 3A, D.Vang T.Binh 8,910 ▲80K 9,065 ▲45K
N.Tron, 3A, D.Vang N.An 8,910 ▲80K 9,065 ▲45K
N.Tron, 3A, Vang Street, Hanoi 8,910 ▲80K 9,065 ▲45K
SJC Thai Binh gold 8,770 ▲100K 9,070 ▲50K
SJC Nghe An 8,770 ▲100K 9,070 ▲50K
SJC Hanoi 8,770 ▲100K 9,070 ▲50K

World gold price today, February 13, 2025, and chart of world gold price fluctuations over the past 24 hours.

According to Kitco, the spot price of gold in the world market at 4:30 AM Vietnam time today was $2,902.76 USD/ounce. The price of gold remained unchanged compared to yesterday. Converted using the USD exchange rate on the free market (25,606 VND/USD), the world gold price is approximately 89.6 million VND/ounce (excluding taxes and fees). Thus, the price of SJC gold bars is currently about 600,000 VND/ounce higher than the international gold price.

Giá vàng hôm nay 13/02/2025:
World gold price movements over the past 24 hours.

According to Reuters, global gold prices stabilized on Wednesday, driven by safe-haven demand amid concerns about a global trade war triggered by new tariffs imposed by US President Donald Trump, as markets digested higher-than-expected US inflation data.

Spot gold prices remained stable at $2,895.30 per ounce as of 2:39 p.m. Eastern Time (1939 GMT). US gold futures fell 0.1% to $2,928.70.

Gold prices fell more than 1% after data showed the US consumer price index rose 0.5% last month, higher than expected, reinforcing the Federal Reserve's message that it is not in a hurry to cut interest rates again amid increasing economic uncertainty.

"With today's CPI data being higher than expected, that has put pressure on the gold market. Clearly, at this point, any market expectations of any kind of interest rate cut later this year have been dashed," said David Meger, director of metals trading at High Ridge Futures.

Higher interest rates tend to put pressure on gold bullion, increasing the opportunity cost because gold bullion does not yield interest.

Peter Grant, vice president and senior metals strategist at Zaner Metals, said: "While the higher interest rate narrative has put some pressure on gold, the trend remains positive and trade concerns continue to dominate the market."

Following the 25% increase in tariffs on steel and aluminum earlier this week, advisors to U.S. President Donald Trump are now finalizing plans to implement reciprocal tariffs.

Gold prices have entered uncharted territory as buyers cling to the economic uncertainty created by the US import tariff plan, but behind the record price of $3,000 per ounce, some signs of a downtrend are also emerging.

Daniel Pavilonis, senior market strategist at RJO Futures, said that despite the minor sell-off, even a drop of a few hundred dollars from near $3,000 wouldn't be catastrophic. He added that with concerns about inflation, debt, and geopolitics, people still want to invest in gold.

Spot silver prices rose 1.1% to $32.17 per ounce and palladium prices fell 0.2% to $973.74, while platinum prices increased 0.6% to $989.43.

Here are some recommended addresses for popular gold shops in Hanoi:

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

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

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

4. PNJ chain store in Northern Vietnam - 222 Tran Duy Hung, Trung Hoa Ward, Cau Giay District, Hanoi

5. Phu Quy Gold and Silver - 30 Tran Nhan Tong Street, Hai Ba Trung District, Hanoi

6. Ngoc Anh Gold and Silver Shop – 47 Lo Duc Street, Pham Dinh Ho Ward, Hai Ba Trung District, Hanoi

7. Quy Tung Gold Shop – 102 Khuong Dinh Street, Thanh Xuan District, Hanoi

8. Bao Tin Lan Vy - 84A Tran Duy Hung Street, Cau Giay District, Hanoi

9. Hoang Anh Gold and Silver Shop – 43 Thai Thinh Street, Dong Da District, Hanoi

10. Huy Thanh Jewelry - No. 23/100 (formerly: No. 30A, Lane 8), Doi Can Street, Ba Dinh District, Hanoi

Here are some recommended addresses of popular gold shops in Ho Chi Minh City:

1. Mi Hong Gold Shop - 306 Bui Huu Nghia Street, Ward 2, Binh Thanh District, Ho Chi Minh City

2. Kim Ngoc Thuy Gold Shop - 466 Hai Ba Trung Street, Tan Dinh Ward, District 1, Ho Chi Minh City

3. Saigon Gold, Silver and Gemstone Company Limited - 418-420 Nguyen Thi Minh Khai Street, Ward 5, District 3, Ho Chi Minh City

4. Tan Tien Gold, Silver and Gemstones - 161 Hanoi Highway, Thao Dien Ward, District 2, Ho Chi Minh City

5. Gold, Silver, Gemstones, and Jade - No. 161 Hanoi Highway, Thao Dien Ward, District 2, Ho Chi Minh City

6. Kim Thanh Thao Gold Shop - 209 Tan Huong Street, Tan Quy Ward, Tan Phu District, Ho Chi Minh City

7. Kim Thanh Nam Gold Shop - 81A Nguyen Duy Trinh Street, Binh Trung Tay Ward, District 2, Ho Chi Minh City

8. Kim Mai Gold Shop - 84C Cong Quynh Street, Pham Ngu Lao Ward, District 1, Ho Chi Minh City

9. PNJ chain store in Southern Vietnam - Booth R011838, Ground floor, Diamond Plaza Shopping Center, 34 Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City

10. DOJI Gold, Silver and Gemstone Company – 81-85 Ham Nghi Street, Nguyen Thai Binh Ward, District 1, Ho Chi Minh City

Gold price update at Phu Quy at 08:37 - February 13, 2025
Type of gold

Buy

(VND/per unit)

Sell

(VND/per unit)

Price of Phu Quy Round Gold Rings 8,850,000 9,050,000

SJC Gold Bar Price

8,740,000 9,040,000


Source: https://congthuong.vn/gia-vang-hom-nay-13022025-thi-truong-vang-trong-nuoc-giam-sau-373528.html

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