Global gold prices slipped to 4085.9 USD/oz, down from 4112.6 USD/oz yesterday. The 7-day price stands at 4142.3 USD/oz and the 30-day price at 4241.7 USD/oz, signaling a softer tone in the near term after recent highs. The domestic market remains reacting to the global backdrop, with local tael prices showing resistance at higher purity levels while lower purity grades trade at substantially lower VND per tael.
In the domestic market, price quotes are quoted per tael with buy and sell sides, spanning grades from 10K to SJC 24K purity. The data show: 10K gold buys 50,840,000 VND/tael and sells 60,740,000 VND/tael, with previous day values at 61,150,000 VND/tael, 7 days at 61,070,000 and 30 days at 59,400,000. 14K gold 585 buys 75,510,000 and sells 85,410,000, with previous day 86,000,000; 7 days 85,880,000; 30 days 83,540,000. 14.6K gold 610 buys 79,160,000 and sells 89,060,000, with previous day 89,670,000; 7 days 89,550,000; 30 days 87,110,000. 16.3K gold 680 buys 89,380,000 and sells 99,280,000, previous day 99,960,000; 7 days 99,820,000; 30 days 97,100,000. 18K gold 750 buys 99,600,000 and sells 109,500,000, previous day 110,250,000; 7 days 110,100,000; 30 days 107,100,000. 99% jewelry buys 138,340,000 and sells 144,540,000, previous day 145,530,000; 7 days 145,330,000; 30 days 141,370,000. 99.99% jewelry buys 142,000,000 and sells 146,000,000, previous day 147,000,000; 7 days 146,800,000; 30 days 142,800,000. PNJ 999.9 plain ring buys 145,200,000 and sells 148,200,000, previous day 149,500,000; 7 days 148,400,000; 30 days 143,800,000. SJC bullion buys 145,500,000 and sells 148,500,000, previous day 150,000,000; 7 days 148,400,000; 30 days 143,800,000. The 30-day values suggest a softening from prior periods across the board, while the 1-day and 7-day quotes sit lower than the peak in late last month.
Across the domestic grades, the bid to ask spreads hover around roughly 9.9 million VND per tael for bullion grades from 10K up to 18K, roughly computed as the difference between sell and buy for each grade (eg 60,740,000 minus 50,840,000 equals about 9,900,000). Jewelry grades show narrower spreads: 99% jewelry about 6,200,000; 99.99% jewelry about 4,000,000; PNJ 999.9 plain ring about 3,000,000; SJC bullion about 3,000,000. This pattern reflects the relative liquidity and premium dispersion between bullion and jewelry products in the local market.
Market news in the past 24 hours highlights a broad decline in gold prices both globally and domestically, with major outlets reporting continued downwards momentum in SJC and jewelry segments. Headlines from Vietnamese outlets note a downtrend on 9 July 2026, while other sources point to the world price softness feeding the domestic pullback.
With the world price retreat and domestic tael quotes easing from the previous day across most grades, the near-term trajectory points to continued price consolidation in the local market. Premiums for high purity bullion and pure jewelry remain aligned with liquidity, while lower purity or 10K grades show more volatility in buy and sell levels as traders balance demand and supply in a softer global tone.
