Global gold markets edged lower as traders reassessed the policy outlook. The world price sits at 4139.6 USD per ounce, down from 4154.3 USD/oz one day ago. Over the past week price momentum has fluctuated, with 7 days around 4123.3 USD/oz and the 30 day reading at 4397.9 USD/oz. The softer session points to cautious sentiment as investors await macro data and central bank signals.
Within the domestic market, quotes are listed in Vietnamese dong per tael with a consistent buy sell spread across standard karats. The typical gap is about 9.9 million VND per tael for karat gold ranging from 416 to 750. Current levels are as follows: 416 (10K) Buy 48,550,000 – Sell 58,450,000 VND/tael; Previous day 58,660,000; 7 days 58,660,000; 30 days 60,570,000. 585 (14K) Buy 72,290,000 – Sell 82,190,000; Previous day 82,490,000; 7 days 82,490,000; 30 days 85,180,000. 610 (14.6K) Buy 75,810,000 – Sell 85,710,000; Previous day 86,010,000; 7 days 86,010,000; 30 days 88,820,000. 680 (16.3K) Buy 85,640,000 – Sell 95,540,000; Previous day 95,880,000; 7 days 95,880,000; 30 days 99,010,000. 750 (18K) Buy 95,480,000 – Sell 105,380,000; Previous day 105,750,000; 7 days 105,750,000; 30 days 109,200,000.
Jewelry gold quotes also populate the domestic market with varying finishes. Gold jewelry 99% Buy 132,900,000 – Sell 139,100,000; Previous day 139,590,000; 7 days 139,590,000; 30 days 144,140,000. Gold jewelry 99.99% Buy 136,000,000 – Sell 140,500,000; Previous day 141,000,000; 7 days 141,000,000; 30 days 145,600,000. PNJ 999.9 plain ring Buy 138,500,000 – Sell 141,500,000; Previous day 142,400,000; 7 days 142,800,000; 30 days 146,600,000. SJC bullion Buy 139,600,000 – Sell 142,600,000; Previous day 143,100,000; 7 days 143,300,000; 30 days 146,600,000.
Market structure indicates stable dealer margins across karat gold with a uniform spread around 9.9 million VND per tael, pointing to steady demand for higher karats. Jewelry and PNJ SJC pieces show narrower spreads, reflecting different retail strategies and purity profiles. The domestic market price action mirrors the global trend of a softening backdrop, with prices just off the previous session for several categories while staying well above the 30 day levels in some cases.
News and sentiment in the last 24 hours highlight ongoing coverage of a softening local gold market and a retreat in world prices as investors parse signals from the Federal Reserve and other central banks. Headlines note SJC pricing declines and a general downward tilt in domestic gold alongside a weaker world benchmark, underlining the near term consolidation amid uncertain rate paths.
