Global gold prices traded around 4174.6 USD per ounce, down from 4207.6 USD a day earlier, with a 7 day level of 4023.2 and a 30 day level of 4362.9. The move highlights a choppy pattern as investors weigh inflation data and USD trends. In the domestic market, bullion quotes are quoted in taels in multiple fineness levels, indicating a broad spectrum of local demand and investment preferences.
Domestic gold products show wide spreads across fineness levels. Gold 416 (10K) Buy 52,080,000 VND/tael Sell 61,980,000 VND/tael Prev day 62,360,000; 7 days ago 59,900,000; 30 days ago 61,940,000. Gold 585 (14K) Buy 77,270,000 Sell 87,170,000 Prev day 87,690,000; 7 days ago 84,240,000; 30 days ago 87,110,000. Gold 610 (14.6K) Buy 80,990,000 Sell 90,890,000 Prev day 91,440,000; 7 days ago 87,840,000; 30 days ago 90,830,000. Gold 680 (16.3K) Buy 91,420,000 Sell 101,320,000 Prev day 101,930,000; 7 days ago 97,920,000; 30 days ago 101,250,000. Gold 750 (18K) Buy 101,850,000 Sell 111,750,000 Prev day 112,430,000; 7 days ago 108,000,000; 30 days ago 111,680,000. Jewelry 99% Buy 141,310,000 Sell 147,510,000 Prev day 148,400,000; 7 days ago 142,560,000; 30 days ago 147,410,000. Jewelry 99.99% Buy 145,000,000 Sell 149,000,000 Prev day 149,900,000; 7 days ago 144,000,000; 30 days ago 148,900,000. PNJ 999.9 ring Buy 148,000,000 Sell 151,000,000 Prev day 151,400,000; 7 days ago 147,000,000; 30 days ago 150,200,000. SJC bullion Buy 148,000,000 Sell 151,000,000 Prev day 151,400,000; 7 days ago 147,000,000; 30 days ago 150,200,000.
The current spread between buy and sell quotes remains sizable across most categories, typically around 6 to 10 million VND per tael. The largest gaps appear in the 416 10K, 585 14K, 610 14.6K, 680 16.3K and 750 18K bars, each with roughly a 9.9 million VND tael gap. Jewelry and certified bars show relatively narrower spreads, with 99% jewelry around 6.2 million and 99.99% jewelry about 4 million, while PNJ 999.9 ring and SJC bullion carry approximately a 3 million tael gap. This pattern suggests price transmission from wholesale to retail while reflecting diverging demand across product types.
Market news over the last 24 hours indicates a mixed tone for gold. World prices held near 4,174.6 USD per ounce, with reports noting a softening at the start of the week and a rebound in the USD. Local outlets highlighted softer SJC and jewelry prices in some reports, while others pointed to caution as investors await the next catalysts. The data for 7 July 2026 underscore ongoing volatility in domestic tael pricing and global ounce benchmarks as markets navigate the week ahead.
