Gold price today 12/11/2026: Domestic tael prices ease as global gold slips

Global gold prices moved lower today as the international market softens. The world price stands at 3,983.4 USD per ounce, down from 4,043 USD one day ago, with a seven day level of 4,102.7 USD and a 30 day level of 4,178.9 USD. The softer global tone provides a dampening backdrop for domestic buyers and sellers in Vietnam as investors reassess inflation expectations and safe-haven demand.

In the domestic tael market, price action across standard bars and jewelry shows declines from recent highs. Gold 416 (10K) is currently bought at 49,100,000 VND per tael and sold at 55,100,000 VND per tael, versus 55,740,000 and 59,280,000 in the 1 day and 30 day references. The 14K (585) category trades at 71,480,000 bought and 77,480,000 sold, compared with 78,390,000 / 83,360,000 previously; 14.6K (610) at 74,790,000 buy and 80,790,000 sell versus 81,740,000 / 86,930,000 earlier; 16.3K (680) at 84,060,000 buy and 90,060,000 sell vs 91,120,000 / 96,900,000; 18K (750) at 93,330,000 buy and 99,330,000 sell vs 100,500,000 / 106,880,000. Jewelry grades show similar softness: 99% at 124,920,000 buy and 131,120,000 sell; 99.99% at 127,640,000 buy and 132,440,000 sell; PNJ 999.9 plain ring at 134,700,000 buy and 138,900,000 sell; SJC bullion at 137,000,000 buy and 140,000,000 sell; all reference points show declines from the corresponding 1 day / 7 day / 30 day levels. The current spreads are roughly 4.2 to 6.0 million VND per tael across grades, indicating modest premiums in a softer market.

The data indicate that the premium between buy and sell remains relatively stable across grades, typically around 4.8 to 6.0 million VND per tael, with top tier bars showing slightly different dynamics by category. This pattern suggests price sensitivity as buyers balance investment demand with jewelry purchases amid the global price drift.

Market news over the last 24 hours highlights a broad retreat in gold on both global and domestic fronts. Headlines note a retreat in the world price toward the 4,000 USD per ounce level, while domestic outlets report SJC bullion quotes near 140 million VND per tael and several grades showing softer levels. Traders will monitor upcoming data and central bank signals for any shift that could reassert demand for bullion as a safe haven asset.