Global gold prices are around 4111.4 USD per ounce, down from 4176.1 USD/oz the previous day, with a 7-day average near 4045.8 USD/oz and a 30-day average near 4343.3 USD/oz. The near term tone is softer after recent volatility, as traders digest inflation data and central bank policy signals.
In the domestic market, price quotes are published per tael across a range of gold types. The 416 (10K) grade is bought at 51,250,000 VND/tael and sold at 61,150,000 VND/tael, with the previous day sell price at 61,980,000; 7 days ago 59,900,000; 30 days ago 59,160,000. The 585 (14K) grade trades at 76,100,000 buy and 86,000,000 sell, with the previous day sell at 87,170,000; 7 days ago 84,240,000; 30 days ago 83,190,000. The 610 (14.6K) grade trades at 79,770,000 buy and 89,670,000 sell, with previous day sell 90,890,000; 7 days ago 87,840,000; 30 days ago 86,740,000. The 680 (16.3K) grade trades at 90,060,000 buy and 99,960,000 sell, with previous day sell 101,320,000; 7 days ago 97,920,000; 30 days ago 96,700,000. The 750 (18K) grade trades at 100,350,000 buy and 110,250,000 sell, with previous day sell 111,750,000; 7 days ago 108,000,000; 30 days ago 106,650,000.
Gold jewelry and bars show similarly wide spreads. The 99% jewelry is bought at 139,330,000 and sold at 145,530,000 VND/tael, with the previous day sell 147,510,000; 7 days ago 142,560,000; 30 days ago 140,780,000. The 99.99% jewelry is bought at 143,000,000 and sold at 147,000,000, with previous day sell 149,000,000; 7 days ago 144,000,000; 30 days ago 142,200,000. The PNJ 999.9 plain ring is bought at 146,500,000 and sold at 149,500,000, with previous day sell 151,000,000; 7 days ago 146,000,000; 30 days ago 143,800,000. SJC gold bars are bought at 147,000,000 and sold at 150,000,000, with previous day sell 151,000,000; 7 days ago 146,400,000; 30 days ago 143,800,000. Current spreads for these items generally range from 3 to 4 million VND/tael, with jewelry items showing tighter gaps than bars.
The current market structure shows a broad ladder by karat and purity, with lower karat gold trading at a lower absolute value and higher purity pieces carrying premium levels closer to the top end of the domestic price spectrum. The spread between buy and sell remains sizable across categories, reflecting liquidity, demand, and processing costs in the physical market. This pattern aligns with a cautious consumer environment, where physical demand for traditional forms of gold remains active but price sensitivity remains high given the world price backdrop and local currency dynamics.
News context from the last 24 hours points to continued consolidation in the domestic gold market. Multiple Vietnamese outlets report that gold prices failed to rebound and edged lower, with domestic prices around the 150 million VND/tael region for key bars and jewelry. The market mood is described as moving from panic selling to accumulation, with some sources suggesting a target allocation of 5-15 percent for gold in portfolios under current conditions. The international price remains a reference at about 4111 USD/oz, highlighting the divergence that currency moves and local demand can sustain.
