Global gold markets are broadly steady, with the world price around 4209.8 USD per ounce. The latest level sits at 4209.8 USD/oz, while the 7 day average is 4172.8 and the 30 day level is 4390, signaling modest volatility over the past month. In the domestic market, quotes for different gold types are quoted in Vietnamese dong per tael and show a wide dispersion across bullion and jewelry, reflecting local demand and the premiums embedded in premium brands and purity levels.
Domestic price by category shows current buy and sell quotes in VND per tael. 416 (10K) offers Buy 49,710,000; Sell 59,610,000 VND/tael, with the Previous day Sell at 59,610,000; 7 days ago Sell 59,280,000; 30 days ago Sell 60,280,000. 585 (14K) Buy 73,930,000; Sell 83,830,000 VND/tael, Previous day Sell 83,830,000; 7 days ago 83,360,000; 30 days ago 84,770,000. 610 (14.6K) Buy 77,510,000; Sell 87,410,000 VND/tael, Previous day 87,410,000; 7 days ago 86,930,000; 30 days ago 88,390,000. 680 (16.3K) Buy 87,540,000; Sell 97,440,000 VND/tael, Previous day 97,440,000; 7 days ago 96,900,000; 30 days ago 98,530,000. 750 (18K) Buy 97,580,000; Sell 107,480,000 VND/tael, Previous day 107,480,000; 7 days ago 106,880,000; 30 days ago 108,680,000. 99% jewelry Buy 135,670,000; Sell 141,870,000 VND/tael, Previous day 141,870,000; 7 days ago 141,080,000; 30 days ago 143,450,000. 99.99% jewelry Buy 138,800,000; Sell 143,300,000 VND/tael, Previous day 143,300,000; 7 days ago 142,500,000; 30 days ago 144,900,000. PNJ 999.9 plain ring Buy 141,300,000; Sell 144,300,000 VND/tael, Previous day 144,300,000; 7 days ago 143,500,000; 30 days ago 145,400,000. SJC bullion Buy 141,800,000; Sell 144,800,000 VND/tael, Previous day 144,800,000; 7 days ago 143,500,000; 30 days ago 145,400,000.
Across the board, the current buy quotes range from around 49.7 million VND per tael for the lowest purity grade to about 141.8 million VND per tael for branded bars, while sell quotes peak near 144.8 million VND per tael for SJC bullion and high purity jewelry. The spread between buy and sell quotes is substantial in standard metals at roughly 9.9 million VND per tael, and somewhat tighter for high purity jewelry and brand rings where the gaps range from about 3.0 to 6.2 million VND per tael. These patterns reflect a domestic market that continues to price premiums for higher purity and local brand confidence, even as the global price acts as a reference for pricing in Vietnamese markets.
Market dynamics show that the domestic market maintains notable premiums over the world price for certain products, with SJC bullion and high purity jewelry trading at parities that imply a premium relative to base bullion. The 1 tael price differentials between the most common standard bars and branded bullion suggest sustained demand for domestic products, despite the global price hovering near the same level over recent days. The correlation between international price signals and domestic quotes remains a focal point for traders and investors observing the gold market in Vietnam.
News context from the past 24 hours highlights a notable rise in SJC prices by about 1.3 million VND per tael, signaling renewed domestic demand after a week of volatility. Headlines report that both world and domestic gold prices paused and moved sideways toward the end of the week, with world prices around 4,195 USD per ounce and domestic markets showing a persistent premium over world levels. The domestic premium to world price remains evident, with the 3 to 5 million VND per tael gap cited by multiple outlets, underscoring the ongoing importance of local pricing dynamics alongside global rate movements.
