Global gold markets are cautious as prices show a softer tone in the recent period. The world price stands at 4013.5 USD per ounce, with the Previous day at 4013.5, 7 days ago at 4132.9, and 30 days ago at 4295.4, signaling a softer trend over the past week and month. This global backdrop sets the stage for the domestic price ladder that follows.
Domestic quotes are organized by fineness and quoted in VND per tael. 416 (10K) is Buy 47,510,000 - Sell 57,410,000 VND/tael, with Previous day 57,410,000; 7 days ago 58,450,000; 30 days ago 59,650,000. 585 (14K) is Buy 70,830,000 - Sell 80,730,000 VND/tael, Prev day 80,730,000; 7 days ago 82,190,000; 30 days ago 83,890,000. 610 (14.6K) is Buy 74,280,000 - Sell 84,180,000; Prev day 84,180,000; 7 days ago 85,710,000; 30 days ago 87,470,000. 680 (16.3K) is Buy 83,940,000 - Sell 93,840,000; Prev day 93,840,000; 7 days ago 95,540,000; 30 days ago 97,510,000. 750 (18K) is Buy 93,600,000 - Sell 103,500,000; Prev day 103,500,000; 7 days ago 105,380,000; 30 days ago 107,550,000.
Jewelry and bullion categories show higher fineness commands higher tael values. Gold jewelry 99% is Buy 130,420,000 - Sell 136,620,000 VND/tael; Prev day 136,620,000; 7 days ago 139,100,000; 30 days ago 141,970,000. Gold jewelry 99.99% is Buy 133,500,000 - Sell 138,000,000 VND/tael; Prev day 138,000,000; 7 days ago 140,500,000; 30 days ago 143,400,000. PNJ 999.9 Plain Ring is Buy 138,000,000 - Sell 141,000,000 VND/tael; Prev day 141,000,000; 7 days ago 141,500,000; 30 days ago 144,400,000. SJC bullion is Buy 138,700,000 - Sell 141,700,000 VND/tael; Prev day 141,700,000; 7 days ago 142,600,000; 30 days ago 144,400,000.
In summary, the current price ladder reflects higher fineness demanding higher tael prices, while the typical buy to sell spread remains around 9 to 10 million VND per tael across most categories. The SJC bullion quote sits near 138.7 million to 141.7 million per tael, illustrating a stable domestic market despite shifting global momentum.
Market news and trends from the past 24 hours point to a mixed sentiment. Reports indicate that world gold has staged a modest rebound while domestic jewelry and SJC quotes show limited upside and stability ahead of key policy events. The coverage notes a tepid global recovery and a cautious domestic outlook, with the Fed meeting seen as a potential inflection point for prices in the near term.
