---
title: "Gold Prices on Oct 30: Domestic and World Trends"
description: SJC listed gold bars at 139.7 - 142.7 million VND per tael as of 4:30 AM on October 30 according to Báo Công Thương as the Fed held its policy rate.
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datePublished: 2026-10-30T00:00:00+07:00
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analyst:
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---

# Gold Prices on Oct 30: Domestic and World Trends

> SJC listed gold bars at 139.7 - 142.7 million VND per tael as of 4:30 AM on October 30 according to Báo Công Thương as the Fed held its policy rate.

Gini · Macro & monetary · 2026-10-30 · https://ginity.vn/en/blog/gold-prices-forex-and-fed-impact-oct-30-2026

_Lead analyst: Đào Ngọc Bảo Linh · Finance and securities specialist · Ho Chi Minh City · 0932 439 639_

## Key takeaways

- SJC gold bar quotes as of 4:30 AM on October 30 according to Báo Công Thương stood at 139.7 million VND/tael for buying and 142.7 million VND/tael for selling.
- The Federal Open Market Committee maintained its benchmark federal funds rate target at 3-3/4 to 4 percent in late October.
- Decree 390/2026/ND-CP took effect on October 16, mandating cashless payment methods for gold transactions valued at 5 million VND or more per day.
- The spread between buying and selling prices for SJC gold bars at the same time point stood at 3.0 million VND per tael at SJC, DOJI, and PNJ.

## Domestic SJC Gold Bar Trends on Oct 30

The domestic precious metals market recorded price quotes across major bullion networks as of 4:30 AM on October 30. Published reports from [Báo Công Thương](https://congthuong.vn/gia-vang-hom-nay-30-10-vang-mieng-di-ngang-vang-nhan-phan-hoa-478469.html) showed SJC listed gold bars at 139.7 million VND per tael for buying and 142.7 million VND per tael for selling.

According to [pricing data](https://congthuong.vn/gia-vang-hom-nay-30-10-vang-mieng-di-ngang-vang-nhan-phan-hoa-478469.html) from the same publication, DOJI and PNJ priced gold bars at 139.7 million VND per tael for bid and 142.7 million VND per tael for ask at that time. Certain distributors posted differing spreads: Bao Tin Minh Chau quoted 137.4 million VND bid and 142.7 million VND ask on October 30, reflecting a 5.3 million VND per tael difference.

Current price levels at that time matched quotes recorded in the preceding session. Data reported by [Tin nhanh chứng khoán](https://www.tinnhanhchungkhoan.vn/gia-vang-hom-nay-ngay-2910-fed-giu-nguyen-lai-suat-vang-giao-dich-on-dinh-post400415.html) indicated that on October 29, SJC listed gold bars at 139.7 million VND per tael on the buying side and 142.7 million VND per tael on the selling side.

## Fed Holds Benchmark Policy Rate

In international markets, an official press release published by the [Federal Reserve](https://www.federalreserve.gov/newsevents/pressreleases/monetary20261028a.htm) confirmed that the Federal Open Market Committee (FOMC) decided to maintain the target range for the federal funds rate at 3-3/4 to 4 percent on October 28, following a ten-to-two vote.

The central bank statement on October 28 noted that inflation remains elevated even as economic activity expands at a strong pace and job gains have kept pace with the workforce.

In equity markets, market coverage published by [CNBC](https://www.cnbc.com/2026/10/29/stock-market-today-live-updates.html) on October 29 reported that US equity index futures declined, after Amazon shares slid due to third-quarter results missing expectations, while Intel shares fell 21% on weak guidance for the current quarter.

## Regulatory Updates Under Decree 390

Alongside global macroeconomic variables, the domestic gold market operates under an updated administrative framework. Information on [Báo Chính phủ](https://baochinhphu.vn/tu-16-10-2026-mua-ban-vang-trong-ngay-tu-5-trieu-dong-phai-thanh-toan-khong-dung-tien-mat-102261017172716946.htm) indicated that Deputy Prime Minister Nguyen Van Thang signed Decree 390/2026/ND-CP on October 16, amending and supplementing provisions of Decree 24/2012/ND-CP regarding gold business management, effective from the date of signing.

According to the decree, a core adjustment is specified in amended Clause 10, Article 4: when settling gold purchases or sales valued at 5 million VND or more within a single day, clients must execute transactions through cashless payment instruments in accordance with cashless payment regulations.

Decree 390 also confirms that manufacturing gold bars and trading gold bars are conditional business activities, requiring production and trading licenses issued by the State Bank of Vietnam. Raw gold trading by licensed gold bar producers and commercial banks must strictly follow regulatory approvals and allocated quotas.

In addition, the decree abolishes all previous regulations governing the production, processing, and trading of gold jewelry and fine art items. Producing, processing, and selling gold jewelry is explicitly classified as a non-conditional business sector. Entities operating in this field remain responsible for compliance with legal standards regarding product quality, product labeling, invoices, taxation, and anti-money laundering rules.

## Calculating the Buy-Sell Spread on Physical Bullion

To assess transaction friction on October 30, market participants need to evaluate the spread between asking and bidding quotes across primary bullion networks.

The buy-sell spread is the gap between ask and bid prices quoted by dealers under market conventions. The absolute spread formula is calculated through direct subtraction:

$$\text{Buy-Sell Spread} = \text{Ask Price} - \text{Bid Price}$$

Published price quotes from [Báo Công Thương](https://congthuong.vn/gia-vang-hom-nay-30-10-vang-mieng-di-ngang-vang-nhan-phan-hoa-478469.html) showed the asking price at 142.7 million VND per tael and the bidding price at 139.7 million VND per tael at the same time point on October 30:

$$\text{Buy-Sell Spread} = 142.7 - 139.7 = 3.0 \text{ million VND per tael}$$

According to calculations from Báo Công Thương on October 30, the 3.0 million VND per tael spread reflects the price gap incurred upon purchase under listed quotes. Gold buyers reach nominal breakeven only if prevailing market prices advance by at least this spread margin.

```chart
{
  "preset": "sector-columns",
  "label": "SJC bullion prices and spread on October 30",
  "caption": "SJC gold bar quotes and buy-sell spread. Source: Báo Công Thương, October 30.",
  "params": {
    "values": [139.7, 142.7, 3.0],
    "labels": ["SJC Bid", "SJC Ask", "Spread"],
    "unit": "million VND/tael",
    "highlight": 1
  }
}
```

The table below summarizes key pricing and monetary policy metrics recorded as of 4:30 AM on October 30 according to Báo Công Thương:

| Market Metric | Recorded Level | Source and Timing | Price Side |
| :--- | :--- | :--- | :--- |
| SJC Gold Bar Price | 139.7 million VND/tael | Báo Công Thương (as of 4:30 AM, Oct 30) | Bid price |
| SJC Gold Bar Price | 142.7 million VND/tael | Báo Công Thương (at that time) | Ask price |
| SJC Buy-Sell Spread | 3.0 million VND/tael | Báo Công Thương (at that time) | Quoted spread |
| US Federal Funds Rate | 3-3/4 to 4 percent | Federal Reserve (Oct 28) | Target range |

Source: Compiled from Báo Công Thương (October 30) and Federal Reserve (October 28).

## Trading Costs

According to Báo Công Thương, the 3.0 million VND per tael difference between bid and ask prices on October 30 acts as a quoted spread on every trade. This spread is the margin that market prices must exceed before a buy position registers nominal financial gains.

This article compiles publicly disclosed information for general reference purposes only and does not constitute investment advice.

## Sources

- Báo Công Thương: [Giá vàng hôm nay 30/10: Vàng miếng đi ngang, vàng nhẫn phân hóa](https://congthuong.vn/gia-vang-hom-nay-30-10-vang-mieng-di-ngang-vang-nhan-phan-hoa-478469.html) (30/10/2026)
- Tin nhanh chứng khoán: [Giá vàng hôm nay ngày 29/10: Fed giữ nguyên lãi suất, vàng giao dịch ổn định](https://www.tinnhanhchungkhoan.vn/gia-vang-hom-nay-ngay-2910-fed-giu-nguyen-lai-suat-vang-giao-dich-on-dinh-post400415.html) (29/10/2026)
- Báo Chính phủ: [Từ 16/10/2026: Mua, bán vàng trong ngày từ 5 triệu đồng phải thanh toán không dùng tiền mặt](https://baochinhphu.vn/tu-16-10-2026-mua-ban-vang-trong-ngay-tu-5-trieu-dong-phai-thanh-toan-khong-dung-tien-mat-102261017172716946.htm) (17/10/2026)
- Federal Reserve: [Federal Reserve issues FOMC statement](https://www.federalreserve.gov/newsevents/pressreleases/monetary20261028a.htm) (28/10/2026)
- CNBC: [Stock market today: Live updates](https://www.cnbc.com/2026/10/29/stock-market-today-live-updates.html) (29/10/2026)

---

_Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content._

_Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources._