Global gold trades near 4209.8 USD per ounce, with little movement over the past day and week, but significantly lower than 30 days ago when the price stood at 4415.9 USD per ounce. This pattern indicates a softer global tone over the past month, even as near term levels have remained relatively anchored.
domestically, Vietnam's bullion market shows a broad retreat across most karats versus 30 days ago, while the buying and selling spreads remain wide and fairly consistent. The 416 10K category is quoted at 49,710,000 VND per tael for buying and 59,610,000 VND per tael for selling, with recent reads at 59,610,000 VND per tael for the previous day and the same 59,610,000 VND per tael for 7 days ago, while 30 days ago stood at 60,940,000 VND per tael. In the 585 14K segment the buy is 73,930,000 VND per tael and the sell 83,830,000 VND per tael, with the prior day and 7 day levels at 83,830,000 VND per tael and 30 days ago at 85,700,000 VND per tael. The 610 14.6K, 680 16.3K, and 750 18K categories all show similar patterns with current sells around 87,410,000, 97,440,000 and 107,480,000 VND per tael respectively, and 30 day prices generally about 2 million to 2.3 million VND higher than today’s levels.
For jewelry, the 99% purity line is quoted with a buy of 135,670,000 VND per tael and a sell of 141,870,000 VND per tael, while the 99.99% line shows a buy of 138,800,000 VND per tael and a sell of 143,300,000 VND per tael. The PNJ 999.9 plain ring is priced at 141,300,000 VND per tael for buying and 144,300,000 VND per tael for selling, and SJC bullion sits at 141,800,000 VND per tael to buy and 144,800,000 VND per tael to sell. Across these domestic formats, the 30 day readings are consistently above today’s quotes, reflecting the month long softening in local prices.
Across all major domestic formats, the difference between buying and selling is roughly 9.9 million VND per tael for bullion grades, underscoring a stable dealer margin even as prices retreat. The one day and seven day price levels align with today’s quotes for most categories, while the 30 day data show a uniform decline of roughly 2.0% to 2.3% from the peak readings seen a month ago, highlighting a broad-based domestic softening despite a relatively steady global price backdrop.
In the news context over the past 24 hours, Vietnamese outlets report a softening trend in domestic gold with headlines noting declines in bullion and jewelry segments. SJC bullion in particular is cited as down around 300,000 VND per tael in multiple reports, while other domestic gold lines also trimmed prices. The combination of softer local demand and a firm global price environment has kept domestic price action range-bound but softer versus the end of the previous month, with traders watching for any shift in sentiment as markets approach the weekend.
