Global gold prices were trading around 4111.4 USD per ounce, with the latest data showing a pullback from the previous day at 4176.1 USD/oz. The 7 day and 30 day figures stand at 4045.8 and 4343.3 USD/oz, highlighting a period of volatility as traders weigh safe haven demand against currency moves and shifting rate expectations.
In the domestic market, the gold items are quoted per tael with a wide range across product types: Gold 416 (10K) buy 51,250,000 VND/tael and sell 61,150,000 VND/tael, with the previous day sell 61,980,000; 7 days ago 59,900,000; 30 days ago 59,160,000. Gold 585 (14K) buy 76,100,000; sell 86,000,000; previous day 87,170,000; 7 days 84,240,000; 30 days 83,190,000. Gold 610 (14.6K) buy 79,770,000; sell 89,670,000; previous day 90,890,000; 7 days 87,840,000; 30 days 86,740,000. Gold 680 (16.3K) buy 90,060,000; sell 99,960,000; previous day 101,320,000; 7 days 97,920,000; 30 days 96,700,000. Gold 750 (18K) buy 100,350,000; sell 110,250,000; previous day 111,750,000; 7 days 108,000,000; 30 days 106,650,000. Jewelry 99% buy 139,330,000; sell 145,530,000; previous day 147,510,000; 7 days 142,560,000; 30 days 140,780,000. Jewelry 99.99% buy 143,000,000; sell 147,000,000; previous day 149,000,000; 7 days 144,000,000; 30 days 142,200,000. PNJ 999.9 plain ring buy 146,500,000; sell 149,500,000; previous day 151,000,000; 7 days 146,000,000; 30 days 143,800,000. SJC bullion buy 147,000,000; sell 150,000,000; previous day 151,000,000; 7 days 146,400,000; 30 days 143,800,000.
Across the board, the current selling prices are centered around the 150 million VND/tael mark for high purity forms, with buy figures typically in the 51 to 147 million range depending on the product. The bid-ask spreads generally run about 2 to 4 million VND/tael, reflecting normal market liquidity and fabrication costs for jewelry and bullion products in the domestic market.
Market news over the past 24 hours points to a cautious mood in both domestic and global markets. Reports indicate that domestic gold prices have not reversed higher and remain near the 150 million VND/tael region, while the world price has eased to roughly 4,102 USD per ounce. The market is edging toward consolidation and a new price base, with some sources highlighting a recommended portfolio allocation of 5 to 15 percent in gold as a way to balance risk and return.
