World gold is trading at 4651.3 USD per ounce, unchanged from the previous day and unchanged from seven days ago. The flat backdrop suggests a pause as markets digest macro signals. In the domestic market, local quotes show a spectrum across purity, with prices in VND per tael that differ by product type and gold content while overall price levels hold steady for now.
Domestic gold by purity level is quoted per tael in VND as follows: 10K gold 416 standard buy 50,790,000 VND/tael and sell 60,690,000 VND/tael; 14K 585 standard buy 75,450,000 VND/tael and sell 85,350,000 VND/tael; 14.6K 610 standard buy 79,100,000 VND/tael and sell 89,000,000 VND/tael; 16.3K 680 standard buy 89,310,000 VND/tael and sell 99,210,000 VND/tael; 18K 750 standard buy 99,530,000 VND/tael and sell 109,430,000 VND/tael. Jewelry items show higher levels: 99 percent gold jewelry buy 138,240,000 VND/tael sell 144,440,000 VND/tael; 99.99 percent jewelry buy 140,900,000 VND/tael sell 145,900,000 VND/tael. Brand PNJ 999.9 plain ring buy 143,400,000 VND/tael sell 146,900,000 VND/tael; SJC bullion buy 144,000,000 VND/tael sell 147,000,000 VND/tael. The data also notes that the previous day and seven days ago quotes are identical for most items, while 30 day data is not reported.
Across the spectrum, the bid-ask spread shows a clear pattern. The 10K to 18K categories carry a near uniform spread of about 9,900,000 VND/tael, while higher purity jewelry narrows spreads to roughly 3,000,000 to 6,200,000 VND/tael. PNJ 999.9 plain rings and SJC bullion display the tightest gaps at about 3,500,000 and 3,000,000 respectively. This structure reflects a combination of markup, brand premium, and liquidity considerations within the domestic market.
Market news over the last 24 hours points to a broad decline in gold prices in both domestic and global markets, as reported by several Vietnamese outlets. The present data shows domestic quotes that remain relatively stable across core products, suggesting price formation is influenced by local demand, supply, and brand premiums even as headlines describe softer sentiment in the wider market.
