Gold price today 16/5/2026: Sharp global drop drags domestic gold lower across multiple tael grades

Gold prices on 16/5/2026 weakened after a steep sell-off in the international market, with the global gold price falling by more than $100 per ounce within 24 hours. Domestic gold quotations also moved down, with many SJC-linked and jewelry gold lines showing lower levels versus the previous day and the past 7 days.

Internationally, world gold was quoted at 4,543.6 USD/oz. Compared with the previous day, it was down from 4,659.1 USD/oz, and lower versus 4,730.7 USD/oz from 7 days ago.

In Vietnam, the SJC and PNJ-listed categories reflected a broad decline in both buy and sell prices. The tightest reference point in the dataset is the SJC gold bar line: VND 161,000,000/tael (buy) and VND 164,000,000/tael (sell), versus VND 165,000,000/tael (buy) and VND 167,500,000/tael (sell) the previous day.

Other domestic tael grades also eased. For example, 24K-equivalent jewelry lines showed lower quotes than the previous day: 99% jewelry at VND 155,170,000/tael (buy) and VND 161,370,000/tael (sell), and 99.99% jewelry at VND 159,000,000/tael (buy) and VND 163,000,000/tael (sell).

Below are the domestic price levels by grade (VND/tael):

Vàng 416 (10K): Buy 58,910,000 | Sell 67,810,000. Previous day: Buy 68,220,000, 7 days ago: 68,890,000 (sell-side reference shown in the dataset).

Vàng 585 (14K): Buy 86,460,000 | Sell 95,360,000. Previous day: 95,940,000, 7 days ago: 96,880,000.

Vàng 610 (14.6K): Buy 90,530,000 | Sell 99,430,000. Previous day: 100,040,000, 7 days ago: 101,020,000.

Vàng 680 (16.3K): Buy 101,940,000 | Sell 110,840,000. Previous day: 111,520,000, 7 days ago: 112,610,000.

Vàng 750 (18K): Buy 113,350,000 | Sell 122,250,000. Previous day: 123,000,000, 7 days ago: 124,200,000.

Vàng nữ trang 99%: Buy 155,170,000 | Sell 161,370,000. Previous day: 162,360,000, 7 days ago: 163,940,000.

Vàng nữ trang 99,99%: Buy 159,000,000 | Sell 163,000,000. Previous day: 164,000,000, 7 days ago: 165,600,000.

Nhẫn trơn PNJ 999.9: Buy 161,000,000 | Sell 164,000,000. Previous day: 165,000,000, 7 days ago: 167,300,000.

Vàng miếng SJC: Buy 161,000,000 | Sell 164,000,000. Previous day: 165,000,000, 7 days ago: 167,500,000.

News flow over the past 24 hours highlighted the same theme: world gold dropped sharply, and domestic SJC quotations eased further, with reports noting that buyers of gold bars could face losses (as described in the provided context). Overall, the dataset points to a synchronized downward move across both international and domestic gold benchmarks on 16/5/2026.