Domestic gold market drops sharply

Báo Công thươngBáo Công thương13/02/2025

Gold price today February 13, 2025: While world gold prices are regaining their "form", domestic gold prices have dropped more than 1 million VND per tael in both directions.


Gold price today 02/13/2025

At the time of survey at 4:30 a.m. on February 13, 2025, the gold price on the trading floors of some companies was as follows:

At Saigon Jewelry Company (SJC), the price of gold bars was listed at VND86.7-90.2 million/tael (selling), down VND300,000/tael for selling and down VND1.3 million/tael for buying compared to the close of yesterday's trading session.

DOJI system listed SJC gold at 86.7 million VND/tael for buying and 90.2 million VND/tael for selling. A sharp decrease of 1.3 million VND/tael for buying and 300,000 VND/tael for selling compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 88.3-89.7 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 200,000 VND/tael for buying and decreased by 200,000 VND/tael for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 86.7-90.2 million VND/tael (buying - selling, down 1.3 million VND/tael in buying direction - down 300,000 VND/tael in selling direction compared to yesterday.

SJC gold price in Phu Quy is traded by businesses at 86.7-90.2 million VND/tael (buy - sell), down 1.5 million VND/tael in buying price - down 500,000 VND/tael in 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 today, February 13, 2025 is as follows:

Gold price today February 13, 2025
(million dong)
Difference
(thousand dong/tael)
Buy Sell Buy Sell
SJC in Hanoi 86.7 90.2 -300 -300
DOJI Group 86.7 90.2 -300 -300
Red Eyelashes 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: February 13, 2025 15:44 - Source website time - / 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 material 9999 - HN 89,000 ▲500K 89,800 ▲500K
Raw material 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 supply source - / Compared to yesterday.
Type Buy Sell
HCMC - PNJ 89,000 ▲1100K 90,650 ▲550K
HCMC - SJC 87,700 ▲1000K 90,700 ▲500K
Hanoi - PNJ 89,000 ▲1100K 90,650 ▲550K
Hanoi - SJC 87,700 ▲1000K 90,700 ▲500K
Da Nang - PNJ 89,000 ▲1100K 90,650 ▲550K
Da Nang - SJC 87,700 ▲1000K 90,700 ▲500K
Western Region - PNJ 89,000 ▲1100K 90,650 ▲550K
Western Region - SJC 87,700 ▲1000K 90,700 ▲500K
Jewelry gold price - PNJ 89,000 ▲1100K 90,650 ▲550K
Jewelry gold price - SJC 87,700 ▲1000K 90,700 ▲500K
Jewelry gold price - Southeast PNJ 89,000 ▲1100K
Jewelry gold price - SJC 87,700 ▲1000K 90,700 ▲500K
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 89,000 ▲1100K
Jewelry gold price - Jewelry gold 999.9 87,900 ▲400K 90,400 ▲400K
Jewelry gold price - Jewelry gold 999 87,810 ▲400K 90,310 ▲400K
Jewelry gold price - Jewelry gold 99 87,100 ▲400K 89,600 ▲400K
Jewelry gold price - 916 gold (22K) 80,410 ▲370K 82,910 ▲370K
Jewelry gold price - 750 gold (18K) 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 price - 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 gold (9K) 31,550 ▲150K 34,050 ▲150K
Jewelry gold price - 333 gold (8K) 27,480 ▲130K 29,980 ▲130K
3. AJC - Updated: 13/02/2025 00:00 - Source website time - / Compared to yesterday.
Type Buy Sell
Jewelry 99.99 8,820 ▲80K 9,055 ▲45K
99.9 Jewelry 8,810 ▲80K 9,045 ▲45K
NL 99.99 8,820 ▲80K
Round ring not sealed in blister T.Binh 8,810 ▲80K
Round, 3A, Yellow T.Bình 8,910 ▲80K 9,065 ▲45K
Round, 3A, Yellow N.An 8,910 ▲80K 9,065 ▲45K
Round N., 3A, Yellow Street, Hanoi 8,910 ▲80K 9,065 ▲45K
SJC Thai Binh pieces 8,770 ▲100K 9,070 ▲50K
SJC Nghe An pieces 8,770 ▲100K 9,070 ▲50K
SJC Hanoi Piece 8,770 ▲100K 9,070 ▲50K

World gold price today February 13, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was 2,902.76 USD/ounce. Today's gold price is unchanged compared to yesterday. Converted according to the USD exchange rate on the free market (25,606 VND/USD), the world gold price is about 89.6 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 600,000 VND/tael higher than the international gold price.

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

Gold prices steadied on Wednesday, boosted by safe-haven demand amid concerns about a global trade war sparked by U.S. President Donald Trump's new tariffs as markets digested higher-than-expected U.S. inflation data, Reuters reported.

Spot gold was steady at $2,895.30 an ounce as of 2:39 p.m. ET (1939 GMT). U.S. gold futures fell 0.1% to $2,928.70.

Gold prices fell more than 1% after data showed U.S. consumer prices rose 0.5% last month, more than expected, reinforcing the Federal Reserve's message that it is in no rush to cut interest rates again amid growing economic uncertainty.

"With the CPI data coming in higher than expected today, that's put pressure on the gold market. Obviously at this point, any expectations the market had for any kind of rate cut later this year have been extinguished," said David Meger, director of metals trading at High Ridge Futures.

Higher interest rates tend to put pressure on bullion, increasing the opportunity cost since bullion does not pay interest.

While “the higher interest rate story has put a little pressure on gold, the trend remains positive and trade concerns continue to dominate the market,” said Peter Grant, vice president and senior metals strategist at Zaner Metals.

After raising tariffs on steel and aluminum to 25% earlier this week, US President Donald Trump's advisers are now finalizing plans to impose reciprocal tariffs.

Gold prices have entered uncharted territory as buyers latch onto economic uncertainty created by US import tariffs, but behind the record $3,000 an ounce, some signs of a bearish trend are also emerging.

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

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

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

Update gold price in Phu Quy at 08:37 - February 13, 2025
Gold type

Buy

(VND/Only)

Sell

(VND/Only)

Gold price Phu Quy round ring 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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