Global gold prices are hovering around 4122.7 USD per ounce, with the latest data showing 4122.7 USD/oz. One week ago prices traded around 4023 USD/oz and 30 days ago near 4024.6 USD/oz. The gap between global pricing and domestic quotes reflects currency movements, local demand, and the premium structure across gold products.
On the domestic front, bullion and jewelry prices in VND per tael form a structured ladder from 10K to 18K and refined pieces. Gold 416 (10K) is bought at 49,590,000 VND/tael and sold at 59,490,000 VND/tael, with the previous day price at 59,490,000, 7 days ago at 59,570,000 and 30 days ago at 60,530,000. Gold 585 (14K) is bought at 73,760,000 VND/tael and sold at 83,660,000 VND/tael, with the previous day at 83,660,000, 7 days ago at 83,770,000 and 30 days ago at 85,120,000. Gold 610 (14.6K) is bought at 77,330,000 VND/tael and sold at 87,230,000 VND/tael, with the previous day at 87,230,000, 7 days ago at 87,350,000 and 30 days ago at 88,760,000. Gold 680 (16.3K) is bought at 87,340,000 VND/tael and sold at 97,240,000 VND/tael, with the previous day at 97,240,000, 7 days ago at 97,380,000 and 30 days ago at 98,940,000. Gold 750 (18K) is bought at 97,350,000 VND/tael and sold at 107,250,000 VND/tael, with the previous day at 107,250,000, 7 days ago at 107,400,000 and 30 days ago at 109,130,000. Jewelry 99% is bought at 135,370,000 VND/tael and sold at 141,570,000 VND/tael, with the previous day at 141,570,000, 7 days ago at 141,770,000 and 30 days ago at 144,050,000. Jewelry 99.99% is bought at 138,000,000 VND/tael and sold at 143,000,000 VND/tael, with the previous day at 143,000,000, 7 days ago at 143,200,000 and 30 days ago at 145,500,000. PNJ 999.9 plain ring is bought at 140,000,000 VND/tael and sold at 145,500,000 VND/tael, with the previous day at 145,500,000, 7 days ago at 145,500,000 and 30 days ago at 147,000,000. SJC ingot is bought at 142,000,000 VND/tael and sold at 146,000,000 VND/tael, with the previous day at 146,000,000, 7 days ago at 146,600,000 and 30 days ago at 147,000,000. The quotes reveal a consistent bid-ask spread of about 9.9 million VND per tael across the bullion grades from 10K to 18K, while jewelry and refined pieces show tighter or variable margins depending on purity and product type.
From a market structure perspective, bullion grades from 10K to 18K deliver the most liquidity in the domestic market, supported by a uniform spread around 9.9 million VND per tael. Higher purity jewelry and refined pieces carry higher absolute price levels yet exhibit tighter spreads in some cases, with 99% jewelry at about 6.2 million and 99.99% jewelry around 5 million VND per tael, while the SJC ingot shows a 4 million VND per tael spread. These dynamics suggest strong demand for high purity products while retail and jewelry segments price in currency movements and domestic demand signals.
In the past 24 hours, market news in Vietnamese outlets highlighted a broad downshift in domestic gold prices with headlines noting SJC selling around 140 million VND per tael at the start of the day. The official price table here places SJC and other products in the 142 to 146 million VND per tael range for buy and sell, indicating a nuanced move within a broader downbeat narrative in the press as global rates trade near current levels.
