Global gold prices stood at 4207.6 USD per ounce, up from 4187.3 USD the previous day, with 7-day price at 4030.2 and 30-day price at 4365.3. The move higher suggests renewed safe-haven demand as investors weigh inflation risks and central bank signals. Despite a firmer global tone, near term moves remain volatile, with occasional pullbacks followed by renewed buying interest.
Domestically, prices are quoted per tael across several gold types. Gold 10K (416) is bought at 52,460,000 VND/tael and sold at 62,360,000 VND/tael, with the previous day sell price at 62,360,000 and 7 days ago 60,900,000 and 30 days ago 61,940,000. Gold 14K (585) is bought at 77,790,000 and sold at 87,690,000, with previous day sell 87,690,000; 7 days ago 85,640,000; 30 days ago 87,110,000. Gold 14.6K (610) buy 81,540,000; sell 91,440,000; previous day sell 91,440,000; 7 days ago 89,300,000; 30 days ago 90,830,000. Gold 16.3K (680) buy 92,030,000; sell 101,930,000; previous day sell 101,930,000; 7 days ago 99,550,000; 30 days ago 101,250,000. Gold 18K (750) buy 102,530,000; sell 112,430,000; previous day sell 112,430,000; 7 days ago 109,800,000; 30 days ago 111,680,000. Jewelry 99% buy 142,200,000; sell 148,400,000; previous day sell 148,400,000; 7 days ago 144,940,000; 30 days ago 147,410,000. Jewelry 99.99% buy 145,900,000; sell 149,900,000; previous day sell 149,900,000; 7 days ago 146,400,000; 30 days ago 148,900,000. PNJ plain ring 999.9 buy 148,400,000; sell 151,400,000; previous day sell 151,400,000; 7 days ago 148,000,000; 30 days ago 150,200,000. SJC bullion buy 148,400,000; sell 151,400,000; previous day sell 151,400,000; 7 days ago 148,000,000; 30 days ago 150,200,000.
The domestic price structure shows a broad dispersion across purity levels. The 10K and 14K tiers trade significantly below bullion and high purity jewelry, reflecting metal content and premium differences. The bid-ask spread is typically around 3 to 10 million VND per tael depending on the product, with the smallest gaps in SJC bullion and higher purity jewelry and the largest in lower purity categories.
In the last 24 hours, market reports indicate domestic prices hovering around the 151 million VND per tael mark for SJC and other bullion grades, while global markets rebound as investors reassess risk and inflation trajectories. The overall message is cautious but resilient demand for gold as a safe-haven asset, with domestic pricing closely tracking world movements and local premium structures.
