
The global gold market shows a subdued tone as of 14 August 2026, with the world price listed at 4118.6 USD per ounce and little movement reported over the past week. This stability in the international benchmark provides context for the domestic market, where Vietnamese prices are quoted per tael in dong and reflect a broad spectrum across karat and jewelry formats. The latest data indicate a persistent premium in the domestic market relative to world prices, underscoring the role of local demand and branding in shaping local value chains.
Domestic price by item per tael reveals a wide ladder from basic bullion to jewelry. Gold 416 (10K) trades at Buy 47,920,000 VND/tael and Sell 57,820,000 VND/tael, with Previous day 57,820,000 and 7 days ago 57,820,000; 30 days ago data not reported. Gold 585 (14K) is Buy 71,420,000 and Sell 81,320,000 VND/tael, with Previous day 81,320,000 and 7 days ago 81,320,000; 30 days ago -. Gold 610 (14.6K) is Buy 74,890,000 and Sell 84,790,000 VND/tael, with Previous day 84,790,000 and 7 days ago 84,790,000; 30 days ago -. Gold 680 (16.3K) is Buy 84,620,000 and Sell 94,520,000 VND/tael, with Previous day 94,520,000 and 7 days ago 94,520,000; 30 days ago -. Gold 750 (18K) is Buy 94,350,000 and Sell 104,250,000 VND/tael, with Previous day 104,250,000 and 7 days ago 104,250,000; 30 days ago -. In the jewelry segment, Gold jewelry 99% is Buy 131,410,000 and Sell 137,610,000 VND/tael, Previous day 137,610,000 and 7 days ago 137,610,000; 30 days ago -. Gold jewelry 99.99% is Buy 134,000,000 and Sell 139,000,000 VND/tael, Previous day 139,000,000 and 7 days ago 139,000,000; 30 days ago -. PNJ 999.9 plain ring is Buy 136,200,000 and Sell 140,200,000 VND/tael, Previous day 140,200,000 and 7 days ago 140,200,000; 30 days ago -. SJC bullion is Buy 137,500,000 and Sell 140,500,000 VND/tael, Previous day 140,500,000 and 7 days ago 140,500,000; 30 days ago -.
Across these categories, the typical gross margin between buy and sell is substantial, with most standard karat grades showing a spread around 9,900,000 VND/tael. The higher purity jewelry categories exhibit smaller spreads, notably 6,200,000 VND/tael for 99% jewelry, 5,000,000 VND/tael for 99.99% jewelry, and even tighter margins for PNJ 999.9 plain rings at 4,000,000 VND/tael and SJC bullion at roughly 3,000,000 VND/tael. This pattern highlights how product form and branding influence local pricing dynamics in the Vietnamese market while still anchoring prices to the broader global context.
Turning to the news and trends from the last 24 hours, market commentary indicates a notable decline in domestic gold prices alongside a retreat in world prices, with the world benchmark dipping below 4,400 USD per ounce in several headlines. The domestic market has remained elevated relative to world prices, with reports suggesting a premium around 5.7 million VND per tael. Some coverage also notes ongoing discussions about momentum and potential upside targets, including calls for a path toward higher levels if demand returns, illustrating a mixed sentiment environment as traders watch for clearer directional signals in the near term.