
Global gold prices traded near 4118.6 USD per ounce, with the world price effectively flat versus the previous day and the prior week, while the 30 day level sits around 3983.8 USD per ounce. This pattern suggests limited near term movement on the international market, even as local factors can tilt domestic quotes. In local currency terms, buyers and sellers will watch the spread between bid and ask in the key grades, as currency moves and demand impulses from jewelry buyers can influence daily quotes.
In the domestic market, price quotes are posted per tael for a range of grades and jewelry. 10K grade (416) is Buy 47,920,000 and Sell 57,820,000 VND per tael; Previous day 57,820,000; 7 days ago 57,820,000; 30 days ago 60,320,000. 14K grade (585) is Buy 71,420,000 and Sell 81,320,000 VND per tael; Previous day 81,320,000; 7 days ago 81,320,000; 30 days ago 84,830,000. 14.6K grade (610) Buy 74,890,000; Sell 84,790,000; Previous day 84,790,000; 7 days ago 84,790,000; 30 days ago 88,450,000. 16.3K grade (680) Buy 84,620,000; Sell 94,520,000; Previous day 94,520,000; 7 days ago 94,520,000; 30 days ago 98,600,000. 18K grade (750) Buy 94,350,000; Sell 104,250,000; Previous day 104,250,000; 7 days ago 104,250,000; 30 days ago 108,750,000. Jewelry 99 percent Buy 131,410,000; Sell 137,610,000; Previous day 137,610,000; 7 days ago 137,610,000; 30 days ago 143,550,000. Jewelry 99.99 percent Buy 134,000,000; Sell 139,000,000; Previous day 139,000,000; 7 days ago 139,000,000; 30 days ago 145,000,000. PNJ 999.9 plain ring Buy 136,200,000; Sell 140,200,000; Previous day 140,200,000; 7 days ago 140,200,000; 30 days ago 147,000,000. SJC bullion Buy 137,500,000; Sell 140,500,000; Previous day 140,500,000; 7 days ago 140,500,000; 30 days ago 148,200,000. Note the current bid-ask spreads are broadly around 9.9 million VND per tael for standard karat grades, while jewelry products show tighter spreads between buy and sell.
Spread analysis indicates the gap between bid and ask is largest for lower karat products at roughly 9.9 million VND per tael, whereas higher purity items and jewelry feature narrower spreads from about 3 to 6 million. The 30 day historical references show selling prices at higher levels than current quotes across all categories, implying a softening in domestic selling prices over the past month even as the global price remains comparatively stable. This nuance underscores that domestic prices respond to local supply demand and currency effects in addition to the global price signal.
Market news from the past 24 hours highlights volatility and mixed signals. Several outlets report declines in SJC prices and jewelry quotes today, while world prices have shown resilience in some reports as USD weakness supports gold as a hedge. The overall domestic narrative combined with steady world prices suggests traders are weighing local demand and currency movements against global stability as of the current date.