Global gold markets are anchored by the world price at 4117 USD per ounce, with the previous day at 4131.3 USD/oz, 7 days ago 4131.3, and 30 days ago 4353.4. The contrast suggests a near term pullback from recent highs, while the longer term level remains elevated relative to the current price.
Domestically, Vietnamese gold prices are quoted per tael across a range of products. Gold 416 (10K) currently buys at 51,340,000 VND/tael and sells at 61,240,000 VND/tael, with previous day 60,940,000; 7 days ago 60,940,000; 30 days ago 62,610,000. Gold 585 (14K) buys at 76,210,000 and sells at 86,110,000 VND/tael, previous day 85,700,000; 7 days ago 85,700,000; 30 days ago 88,040,000. Gold 610 (14.6K) buys 79,890,000; sells 89,790,000; previous day 89,370,000; 7 days ago 89,370,000; 30 days ago 91,810,000. Gold 680 (16.3K) buys 90,200,000; sells 100,100,000; previous day 99,620,000; 7 days ago 99,620,000; 30 days ago 102,340,000. Gold 750 (18K) buys 100,500,000; sells 110,400,000; previous day 109,880,000; 7 days ago 109,880,000; 30 days ago 112,880,000. Gold jewelry 99% buys 139,530,000; sells 145,730,000; previous day 145,040,000; 7 days ago 145,040,000; 30 days ago 149,000,000. Gold jewelry 99.99% buys 143,200,000; sells 147,200,000; previous day 146,500,000; 7 days ago 146,500,000; 30 days ago 150,500,000. PNJ 999.9 plain ring buys 145,700,000; sells 149,200,000; previous day 148,500,000; 7 days ago 148,500,000; 30 days ago 151,500,000. SJC bullion buys 146,900,000; sells 149,900,000; previous day 149,000,000; 7 days ago 149,000,000; 30 days ago 151,500,000.
World price overview shows the domestic market continuing to track external moves. The world price stands at 4117 USD per ounce, previous day 4131.3, 7 days ago 4131.3, and 30 days ago 4353.4. The divergence between the global level and domestic quotes suggests the domestic market has edged lower in the near term despite the higher longer term base in the world market.
News flow over the past 24 hours reflects a mixed tone with headlines reporting both gains and shifts in domestic prices as well as global price dynamics. Reports note SJC price cues around 148.5 to 149.9 million VND per tael for bullion and jewelry categories, while world prices hover near 4.1k USD per ounce. The market outlook remains cautious as investors weigh continued demand for high karat products against a backdrop of global price stabilization.
