On the evening of February 19, gold price caused a big surprise.

(NLDO) – The price of SJC gold bars and gold rings continues to increase following the strong increase in world prices.

On the evening of February 19, the world gold price continued to surprise when it exceeded forecasts to set a new record peak of 2,945 USD/ounce. This was not only the highest level of the session but also the all-time historical peak of the gold price, surpassing the 2,940 USD/ounce mark set in early February.

Gold prices also went against analysts' forecasts that they could correct in the short term to continue climbing to a new record. At around 9:30 p.m. Vietnam time, the gold price cooled down to $2,933 per ounce, but was still at a record high.

Precious metals on the international market jumped when the US announced data on its housing market. According to analysts, high house prices and rising mortgage interest rates from the US monetary tightening cycle have affected many people in need of housing. Part of the reason for the increase in gold prices is that investors seek refuge in this channel due to the US President's tariff policies applied to trade partners...

Tối 19-2, giá vàng gây bất ngờ lớn- Ảnh 1. — SJC gold bar and gold ring prices continue to increase

The world gold price hitting a peak has pushed the domestic gold price to continue to increase. Tonight, the price of SJC bars was increased by businesses to 89.6 million VND/tael for buying and 91.9 million VND/tael for selling, an increase of 300,000 VND compared to the morning. During the day, the gold price increased by a total of 800,000 VND. This is the third consecutive day that the price of gold bars has increased, by a total of about 1.6 million VND/tael.

Similarly, the price of 99.99 gold rings and jewelry gold also increased strongly when listed businesses bought at 89.6 million VND/tael, sold at 91.7 million VND/tael, an increase of 400,000 VND compared to the morning. The price of gold rings also increased for the third consecutive day, in which today alone it increased by nearly a million VND/tael.

Businesses also narrowed the difference between buying and selling prices to about 2.3 million VND/tael, instead of the high level of about 3.5 million VND/tael in previous days.

In an unexpected development, with a sharp increase, the world gold price is currently converted according to the listed exchange rate at about 90.9 million VND/tael. Thus, the world gold price is only lower than SJC gold bars and gold rings by less than 1 million VND/tael.