Global gold prices have softened slightly over the past week while remaining near the 4200 USD per ounce level. The world price stands at 4209.8 USD per ounce today, the same as yesterday, with 4136.4 USD/oz seven days ago and 4331.3 USD/oz thirty days ago. In the domestic market, quotes are published per tael and show a wide ladder by purity and product type, reflecting differing demand for investment bullion versus jewelry materials.
Lower purity gold items carry substantially lower price points in VND per tael than higher purity bars. For example, gold 416 (10K) trades at Buy 49,710,000 and Sell 59,610,000 VND/tael, with the previous day Sell at 59,610,000, 7 days ago 58,860,000, and 30 days ago 60,280,000. Gold 585 (14K) shows Buy 73,930,000 and Sell 83,830,000 VND/tael, with previous day Sell 83,830,000, 7 days ago 82,780,000, and 30 days ago 84,770,000. Gold 610 (14.6K) is Buy 77,510,000 and Sell 87,410,000 VND/tael, with Sell history previous day 87,410,000, 7 days ago 86,320,000, and 30 days ago 88,390,000. Gold 680 (16.3K) trades Buy 87,540,000 and Sell 97,440,000 VND/tael, with previous day Sell 97,440,000, 7 days ago 96,220,000, and 30 days ago 98,530,000. Gold 750 (18K) is Buy 97,580,000 and Sell 107,480,000 VND/tael, with Sell yesterday 107,480,000, 7 days ago 106,130,000, and 30 days ago 108,680,000.
High purity jewelry and bullion values sit higher, with 99% jewelry quoted Buy 135,670,000 and Sell 141,870,000 VND/tael, and 99.99% jewelry Buy 138,800,000 and Sell 143,300,000 VND/tael. Historical Sell values show previous day 141,870,000, 7 days ago 140,090,000, and 30 days ago 143,450,000 for 99% jewelry, while 99.99% jewelry traded previous day 143,300,000, 7 days ago 141,500,000, and 30 days ago 144,900,000. PNJ 999.9 plain rings are Buy 141,300,000 and Sell 144,300,000 VND/tael, with previous day 144,300,000, 7 days ago 142,500,000, and 30 days ago 145,500,000. SJC bullion is Buy 141,800,000 and Sell 144,800,000 VND/tael, with previous day 144,800,000, 7 days ago 143,000,000, and 30 days ago 145,600,000.
From a spreads perspective, the lower purity tiers (10K to 18K) carry a roughly uniform buy-sell gap of about 9,900,000 VND per tael, while higher purity jewelry and bars show tighter margins: 99% jewelry around 6,200,000 VND, 99.99% jewelry around 4,500,000 VND, and PNJ 999.9 rings plus SJC bullion near 3,000,000 VND per tael. This pattern aligns with the premium embedded in higher purity products in the domestic market.
Market news over the past 24 hours highlights a largely muted domestic backdrop with SJC quotes holding near 144.3 million VND per tael as the world market slides a touch. Media notes show the domestic gold market cooling slightly while global prices ease, reflecting investors awaiting US inflation data and signals from the Federal Reserve. The overall takeaway is a domestic market that remains orderly with limited volatility even as global momentum softens.
