Gold price update at the closing session 12. 2: Sideways, unclear direction

Khương Duy |

Gold price update at the closing session 12. 2: Strong fluctuations in both domestic and world markets.

SJC gold bar price

As of 7:30 PM, SJC gold bar prices were listed by DOJI Group at 178-181 million VND/tael (buying - selling), unchanged in both directions. The difference between buying and selling prices is at 3 million VND/tael.

Bao Tin Minh Chau listed SJC gold bar prices at 178-181 million VND/tael (buying - selling), unchanged in both directions. The difference between buying and selling prices is at 3 million VND/tael.

Diễn biến giá vàng SJC những phiên giao dịch gần đây. Biểu đồ: Khương Duy
SJC gold price movements in recent trading sessions. Chart: Khuong Duy

SJC gold bar prices were listed by Phu Quy Gold and Gems Group at the threshold of 177.5-181 million VND/tael (buying - selling); unchanged in both directions. The difference between buying and selling prices is at 3.5 million VND/tael.

Giá vàng miếng SJC tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Bảng: Khương Duy
SJC gold bar price at some business units. Unit: VND/tael. Table: Khuong Duy

9999 gold ring price

As of 7:30 PM, DOJI Group listed the price of gold rings at 177.5-180.5 million VND/tael (buying - selling); unchanged in both directions. The buying - selling difference is at 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 178-181 million VND/tael (buying - selling), unchanged in both directions. The buying - selling difference is at 3 million VND/tael.

Diễn biến giá vàng nhẫn những phiên giao dịch gần đây. Biểu đồ: Khương Duy
Gold ring price movements in recent trading sessions. Chart: Khuong Duy

Phu Quy Gold and Gems Group listed the price of gold rings at 177.5-180.5 million VND/tael (buying - selling), unchanged in both buying and selling directions. The buying - selling difference is at 3 million VND/tael.

Giá vàng nhẫn trơn tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Bảng: Khương Duy
Price of plain gold rings at some business units. Unit: VND/tael. Table: Khuong Duy

World gold price

At 7:30 PM, world gold prices were listed around the threshold of 5,061.1 USD/ounce; an increase of 3.8 USD compared to the previous day.

Diễn biến giá vàng thế giới những phiên giao dịch gần đây. Biểu đồ: Khương Duy
Developments in world gold prices in recent trading sessions. Chart: Khuong Duy

Gold price forecast

The gold market enters 2026 with a strong upward trend but accompanied by fierce fluctuations. The diễn biến in January is seen by many experts as a manifestation of high fluctuations in the record price range, rather than a sign of weakening of the long-term upward trend.

According to Imaru Casanova - Director of Gold and Precious Metals at Van Eck - gold prices had an "extraordinary but volatile start". She said that escalating geopolitical tensions, along with threats of tariffs and sanctions from the US, pushed gold beyond the psychological 5,000 USD/ounce mark by the end of January. Breaking this threshold triggered a wave of speculative buying, bringing prices to a peak of 5,595 USD/ounce on the day, nearly 1,300 USD higher than by the end of 2025.

However, after the hot increase, the market quickly adjusted. The information about nominating Kevin Warsh for the position of Chairman of the US Federal Reserve (Fed) has become a catalyst causing gold to plummet sharply, falling about 9% in just one day. However, Casanova emphasized that the core drivers of gold remain unchanged: solid investment demand, buying power from central banks and safe haven role in the face of global instability.

Strong fluctuations in the peak area should not distract investors," she said. According to this expert, geopolitical risks, inflation concerns, the possibility of the USD weakening and the risk of correction in the stock market will continue to support gold in 2026. New highs may appear interspersed with corrections and sideways phases, but the gold price increase cycle is expected to last for many years.

In the derivatives market, the Comex gold contract for February delivery recently increased by 67.8 USD/ounce, closing at 5,071.6 USD/ounce. Although the US jobs data for January exceeded expectations, narrowing the possibility of the Fed early interest rate cut, traders still maintained a defensive position against monetary policy incertitudes. The 5,000 USD/ounce mark is currently considered an important support zone; if maintained, technical prospects lean towards positive. Conversely, the 4,800 USD/ounce zone may play the role of the next support.

Since the beginning of the year, gold prices have increased by more than 17%, continuing the upward momentum of January. This development shows that cash flow is still turning to precious metals as a channel to preserve value in the context of macroeconomic and financial risks that have not cooled down.

Notable economic calendar of the week

US non-farm payroll.

US Weekly Unemployment Benefit Application; Current House Sales in the US.

US Consumer Price Index (CPI).

Gold price data is compared to the previous day.

See more news related to gold prices HERE...

Khương Duy
RELATED NEWS

Gold price today 12. 2: Domestic fluctuations are small despite world surges

|

Gold price today 12. 2: World gold prices increased sharply, while domestic prices fluctuated little.

Gold price update morning of February 12th: World gold prices surge

|

Gold price update morning of February 12: World gold prices surge, possibly pulling the domestic market in the new trading session.

Gold price update at the close of the session 11. 2: Sideways at a high level

|

Gold price update at the closing session on February 11. Staying firm above the high threshold. The market is strongly struggling.

Chairman of the Vietnam General Confederation of Labor presents Tet gifts to workers at Ninh Binh Fertilizer Company

|

Ninh Binh - Chairman of the Vietnam General Confederation of Labor Nguyen Dinh Khang visited and presented 84 gifts to workers at Ninh Binh Fertilizer One Member Limited Liability Company.

Near Tet, Hanoi streets are still crowded with vehicles at midnight

|

Hanoi - 10 pm on February 12, many streets in the Capital are still crowded with vehicles passing by because of the flow of people going out to play and shop for Tet.

Erecting the Neu tree to welcome Tet, many people in Nghe An are electrocuted

|

Nghe An - In just a short time before Tet, electric shock incidents occurred continuously when erecting the Neu tree in Nghe An, causing many people to be severely burned.

Ho Chi Minh City Spring Flower Festival opens brilliantly at Tao Dan Park

|

Ho Chi Minh City - The 46th City Spring Flower Festival opened on the evening of February 12th at Tao Dan Park, attracting a large number of people to visit and check-in to welcome Binh Ngo Tet 2026.

Warm spring comes to pediatric patients at the National Institute of Hematology and Blood Transfusion

|

Approaching Tet, many pediatric patients at the National Institute of Hematology and Blood Transfusion are still staying for treatment. On February 12, the Golden Heart Charity Social Fund presented 120 gifts, bringing the warmth of early spring to children and families.

Gold price today 12. 2: Domestic fluctuations are small despite world surges

Khương Duy |

Gold price today 12. 2: World gold prices increased sharply, while domestic prices fluctuated little.

Gold price update morning of February 12th: World gold prices surge

Khương Duy |

Gold price update morning of February 12: World gold prices surge, possibly pulling the domestic market in the new trading session.

Gold price update at the close of the session 11. 2: Sideways at a high level

Khương Duy |

Gold price update at the closing session on February 11. Staying firm above the high threshold. The market is strongly struggling.