Editor’s Note
This article provides a snapshot of domestic gold prices in Vietnam, noting their stability amid global increases and rising oil prices driven by geopolitical tensions.
(HTV) – Globally, gold prices rose to $5,083.1 per ounce, while domestic SJC gold prices remained high; oil prices fluctuated and increased by more than 1% due to concerns over US-Iran tensions.
Specifically, gold biscuits from brands SJC, PNJ, DOJI, Bao Tin Manh Hai, and Bao Tin Minh Chau were bought at 178 million VND/ounce and sold at 181 million VND/ounce, remaining stable in both directions compared to yesterday morning.
Phu Quy SJC gold biscuits are being bought at 177.5 million VND/ounce and sold at 181 million VND/ounce, remaining stable in both directions compared to yesterday morning.
In line with the trend of gold bars, gold ring prices today remained almost stable compared to yesterday’s closing price. Specifically, SJC listed the price for buying and selling gold rings at 177.5 – 180.5 million VND/ounce, remaining stable in both directions.
At Bao Tin Minh Chau, gold rings are being bought and sold at 178-181 million VND per ounce, representing an increase of 400,000 VND per ounce in both directions.
The purchase price of Bao Tin Manh Hai brand’s 999.9 pure gold rings is listed at 176.1 million VND/ounce, stable compared to yesterday.
DOJI and PNJ’s gold prices remain stable at 177.5 – 180.5 million VND/ounce for buying and selling.
Phu Quy brand’s gold rings are being bought and sold at 177.5 – 180.5 million VND/ounce and remain stable in both directions.
Today’s world gold price is $5,083.1 per ounce. Overall, in the past 24 hours, the world gold price has increased by 1.52%, equivalent to an increase of $76.13 per ounce.
Domestic gold bar prices are stable and the world gold price listed on Kitco is $5,083.1 US dollars per ounce (equivalent to 160.3 million VND per ounce converted at Vietcombank exchange rate, excluding taxes and fees), the difference between domestic and world gold prices is about 20.7 million VND per ounce.
Today (February 12) global gold prices increased.
Gold and silver prices rose sharply on Wednesday afternoon, with silver’s gains continuing. Despite a better-than-expected US employment report, which strengthened the dollar index and US Treasury yields, the precious metals market maintained last night’s strength. Demand for safe-haven investments emerged amid geopolitical uncertainty. April Gold Futures rose $50.70 to $5,080.10 per ounce. March Silver Futures rose $2.50 to $82.70 per ounce.
According to a report from the US Department of Labor, 130,000 non-farm jobs were created in the US economy in January, significantly higher than the revised figure of 48,000 for December 2025 and well above the forecast of 55,000. This is the largest number of non-farm jobs created since December 2024.
Surprisingly, gold and silver futures remained strong overnight after the US’s positive employment report, which boosted US Treasury yields and the US dollar index, along with a surge in US stock indices. Many in the market believed that the positive employment report would put pressure on precious metal prices, mainly due to the perception that a strong US economy would prevent the Federal Reserve from raising interest rates.
According to Bloomberg, the market’s assessment of the likelihood of an interest rate cut by the Federal Reserve in March has fallen below 15%, and it is now expected that the Federal Reserve will maintain the federal funds rate between 3.5% and 3.75%. Traders and investors are now expecting two potential rate cuts by the US by the end of the year, rather than immediate action.
Today’s fluctuations in gold and silver prices show that fundamental factors of supply and demand – particularly demand for safe-haven investments, hoarding, and central bank gold purchases – remain strong and are outweighing predictions of fewer interest rate cuts in the US amid a strong US economy.
According to Oilprice, at the close of trading on February 11, Brent Crude Oil prices increased by $0.80 per barrel or 1.16% to $69.60 per barrel; meanwhile, WTI Crude Oil prices increased by $0.67 per barrel or 1.05% to $64.63 per barrel.
World oil prices fluctuated during trading on February 11 and recorded an increase of more than 1%.
US President Donald Trump said in his meeting with Israeli Prime Minister Benjamin Netanyahu on Wednesday that no final decision has been made, but talks with Iran will continue towards an agreement.
Previously, President Donald Trump had said he was considering deploying another aircraft carrier strike group in the Middle East if no deal was reached with Tehran, while both sides were preparing to resume talks.