Global gold prices are broadly steady in USD terms, with the World Gold price anchored around 4122.7 USD per ounce today. The 1 day and 7 day readings both sit at 4122.7 USD/oz, while the 30 day level shows a softer 4023.2 USD/oz. In the domestic market, prices are quoted in Vietnamese dong per tael and display a clear premium for higher karat gold and jewelry relative to standard bullion, reflecting local demand dynamics and retail margins.
Domestic product groups and prices per tael show a wide spectrum from basic bullion to jewelry grades. 10K gold (416) is bought at 49,590,000 VND/tael and sold at 59,490,000 VND/tael, with the previous day and one week ago selling at 59,490,000 VND/tael and 59,490,000 VND/tael respectively, and 30 days ago at 59,900,000 VND/tael. 14K gold (585) has a buy price of 73,760,000 VND/tael and a sell price of 83,660,000 VND/tael, with the previous day and seven days ago at 83,660,000 VND/tael and 83,660,000 VND/tael, and 30 days ago at 84,240,000 VND/tael. 14.6K gold (610) bids 77,330,000 VND/tael to buy and 87,230,000 VND/tael to sell, while 1 day and 7 days ago sit at 87,230,000 VND/tael and 87,230,000 VND/tael and 30 days ago at 87,840,000 VND/tael. 16.3K gold (680) shows 87,340,000 VND/tael buy and 97,240,000 VND/tael sell, with the 1 day and 7 day values at 97,240,000 VND/tael and 97,240,000 VND/tael, and 30 days ago at 97,920,000 VND/tael. 18K gold (750) is bought at 97,350,000 VND/tael and sold at 107,250,000 VND/tael, with the prior daily and weekly levels at 107,250,000 VND/tael and 107,250,000 VND/tael, and 30 days ago at 108,000,000 VND/tael. Jewelry grade gold clears higher premiums: 99% jewelry is bought at 135,370,000 VND/tael and sold at 141,570,000 VND/tael, with 30 day history showing 142,560,000 VND/tael on the higher end. 99.99% jewelry is 138,000,000 VND/tael to buy and 143,000,000 VND/tael to sell, with 30 day values up to 144,000,000 VND/tael. PNJ 999.9 plain ring trades at 140,000,000 VND/tael buy and 145,500,000 VND/tael sell, while 30 day prices reach 147,000,000 VND/tael. SJC bullion is listed at 142,000,000 VND/tael to buy and 146,000,000 VND/tael to sell, with 30 day levels up to 147,000,000 VND/tael.
Across the board, the stock of bullion shows a consistent spread between buy and sell prices, typically around 9,900,000 VND/tael for the basic bullion grades (10K to 18K). Jewelry and high purity pieces carry narrower spreads, around 5.0 to 6.2 million VND/tael, with the SJC and PNJ items offering some of the tightest margins among the catalog. Notably, the 30 day historical figures are generally higher than the current sell prices for most categories, indicating a monthly premium profile that has still not fully unwound in the near term. This pattern suggests domestic demand remains supportive for higher karat and jewelry products even as sellers maintain wide margins on standard bullion.
News context over the past 24 hours shows a mixed sentiment for gold in Vietnam. Headlines indicate a range of moves including reports that domestic prices for SJC and rings could fall sharply, alongside other sources noting a one million dong per tael uptick for SJC, and various outlets reporting slight declines or steadiness in domestic prices while the world market holds broadly steady. The coverage also points to policy developments and their potential impact on gold sentiment, with observers watching for how Fed decisions might influence near term demand and pricing. Taken together, the data point to a domestic market with selective strength in higher karat and jewelry segments, while global benchmarks hold relatively firm, setting a nuanced backdrop for the next trading sessions.
