On 24/10, domestic gold prices fell across the board: SJC gold bars were quoted at 138.7–141.7 million VND per tael (buy–sell), down 300,000 VND per tael from the morning, while PNJ and Bảo Tín Mạnh Hải made similar cuts. DOJI kept its gold bar price at 139–142 million VND per tael, while SJC's 9999 gold rings stayed at 135–139 million VND and DOJI's fell to 137.2–141.2 million VND. Internationally, gold dropped below the 4,000 USD/ounce level and was trading around 3,980–4,000 USD/ounce. The University of Michigan reported US consumer sentiment at 48 points in October, above the 46.3 forecast, while inflation expectations kept rising; the article notes that weaker purchasing power could boost demand for gold as a store of value, but persistently high inflation could keep the US Federal Reserve (Fed) on a tight policy stance, pressuring precious metals.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá vàng miếng, vàng nhẫn chiều 24/10 tại SJC, PNJ, DOJI, Bảo Tín Minh Châu và Bảo Tín Mạnh Hải
Keywords
goldXAUUSDFedinflationconsumer confidence
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Related tickers and likely impact
XAU/USD
• NeutralRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
PAXG/USDT
• NeutralPAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/23/2026 | 4,003.77 |
| Change that session | -0.80% |
XAUT/USDT
• NeutralTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/23/2026 | 3,994.18 |
| Change that session | -0.89% |
PNJ
• NeutralPhu Nhuan Jewelry
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Retail |
| Industry | Specialty Retailers |
| Market cap | 9,518 bn VND |
| P/E | 3.9 |
| P/B | 0.71 |
| Close on 10/23/2026 | 17.45 |
| Change that session | -6.18% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Domestic Gold Prices on 24/10 at SJC, PNJ, DOJI, Bảo Tín Minh Châu and Bảo Tín Mạnh Hải: Sharp Declines Across the Board
On the morning of 24/10, domestic gold prices fell across the board. SJC, PNJ and Bảo Tín Mạnh Hải quoted gold bars at VND 138.7–141.7 million per tael (buy–sell), down VND 300,000 on both sides, while Bảo Tín Minh Châu and Phú Quý also cut prices and DOJI held at VND 139–142 million. For 9999 gold rings, SJC held at VND 135–139 million, while DOJI, Bảo Tín Minh Châu and Phú Quý each fell VND 300,000 per tael. Internationally, gold dropped to around US$3,980–4,000 per ounce, near the key US$4,000 support level. The University of Michigan's October consumer sentiment index came in at 48, above the 46.3 forecast but down 0.1 point from September, while the article notes rising inflation expectations could affect gold in mixed ways.
- Gold bar and gold ring prices this morning, October 24, at SJC, PNJ, DOJI, Bao Tin Minh Chau and Bao Tin Manh Hai
International gold prices fell below $4,000 an ounce as inflation expectations weighed on the market. On the morning of October 24, SJC, PNJ, DOJI and Bảo Tín Mạnh Hải quoted gold bars at 139–142 million VND per lượng, with all six brands surveyed selling at 142 million, though buy-in prices differed by up to 1.6 million. DOJI had the highest sell price for 9999 gold rings at 141.5 million VND per lượng, while SJC was lowest at 139 million. The University of Michigan's October consumer sentiment index reached 48 points, above the 46.3 forecast but nearly unchanged from last month, as inflation expectations kept rising. The article notes this could lift demand for gold as a store of value, but if inflation stays high, the Fed may keep policy tight and pressure precious metals.
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Gold fell sharply over the week as rising oil prices, persistent inflation worries and expectations of further Federal Reserve tightening outweighed safe-haven demand. A technology-led equity selloff on Thursday triggered more liquidations and pushed spot gold back below $4,000 per ounce. Gold hit a weekly low of $3,975.10 per ounce, its lowest since early June, after trading at $4,164.69 on Sunday evening. The latest Kitco survey showed Wall Street pessimism rising while Main Street kept a more bullish minority view. Several analysts still see $4,000 as support, though others point to weak technical signals and thin liquidity, with daily volumes around 129,000 contracts.
- Gold price today 24/10: World gold plunges, breaking below the USD 4,000/ounce mark
On the morning of 24/10, world gold was quoted on Kitco at USD 3,995 an ounce, down USD 31 from the early morning of 23/10 and below USD 4,000 for the first time since mid-July. For the week, precious metals lost about 4%, the steepest weekly drop since June, as inflation worries and expectations that the Fed will keep policy tight weighed on prices. A tech-stock selloff could force investors to sell gold and silver to meet margin calls. Jesse Colombo said gold is testing support at USD 3,900–4,000 an ounce, while SJC gold bars were quoted at VND 139–142 million per tael at 6am, down VND 300,000 in both directions.
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SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.
- Gold Declines Towards $4,120 as Iran Conflict and Federal Reserve Outlook Remain in Focus
Spot gold dropped 0.2% to $4,117.31 an ounce on Wednesday, while US gold futures fell to $4,134.92, as investors weighed uncertainty over ending the US–Iran conflict and US interest rate expectations. Silver, platinum and palladium also traded lower. Gold has fallen more than 1% since the start of the week and is about 20% below its level when the conflict began in late February. The conflict has pushed up energy prices and inflation worries, and oil eased on reports of possible talks, though a diplomat later dismissed a quick settlement. The Fed is expected to hold rates at its Oct. 27–28 meeting, with traders pricing about an 85% chance of another hike before year-end, as inflation remains above its 2% target.
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