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.

SJC gold bar price

As of 6:00 AM on February 12, 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 6:00 AM on February 12, 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), an increase of 400,000 VND/tael 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 10:45 PM on February 11, world gold prices were listed around the threshold of 5,050.5 USD/ounce; up 15.1 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

Notable economic calendar of the week

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.

The world gold market operates based on two main pricing mechanisms. The first is the spot market, where prices are listed for buying and selling and immediate gold delivery transactions.

The second is the futures contract market, where prices are determined for gold delivery at a time in the future. Due to liquidity factors and position adjustments at the end of the year, the December gold futures contract is currently the most actively traded contract on the Chicago Mercantile Exchange (CME).

See more news related to gold prices HERE...

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