Domestic gold prices rebounded on the morning of October 20 after a sharp early-morning drop, with bar gold at SJC, PNJ, DOJI and Bảo Tín Minh Châu rising 600,000 VND per lượng to 139.6–142.6 million VND per lượng, still 500,000 VND below early-morning levels. For 9999 gold rings, PNJ rose 500,000 VND to 138.5–141.5 million, while SJC held at 138.2–141.2 million, DOJI at 138.5–142.5 million and Bảo Tín Minh Châu at 138–142 million. Earlier, at 9 a.m., major brands had cut prices by about 1.1–1.4 million VND per lượng. Internationally, spot gold rose to $4,180 an ounce before slipping back to $4,132, after falling on Monday as the dollar strengthened and U.S. bond yields rose. A tech-stock rebound has reduced some safe-haven demand, while uncertainty around the Strait of Hormuz has limited selling pressure.
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Original headline: Giá vàng miếng, vàng nhẫn trơn sáng 20/10: Đồng loạt giảm mạnh
Keywords
goldgold ringsUS dollarStrait of Hormuz
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Related tickers and likely impact
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/19/2026 | 4,133.66 |
| Change that session | -1.08% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/19/2026 | 4,134.00 |
| Change that session | -1.05% |
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/19/2026 | 4,140.75 |
| Change that session | -0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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Domestic gold prices at 17:00 on October 18 were mostly flat across brands, except Bảo Tín Minh Châu, which rose 200,000 VND per lượng in both buy and sell prices. SJC and PNJ quoted gold rings at 140.1–143.1 million VND per lượng, while SJC gold bars sold at about 143.6 million VND per lượng, and most brands were down 1.2 million VND from the previous week. Spot gold closed the week at US$4,164 per ounce, down 0.7%. A Kitco News survey of 12 experts found 33% expected a rise, 17% a fall and 50% no clear trend, while 139 individual investors split 45% for a fall and 43% for a rise.
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Domestic gold prices rebounded on the morning of 20/10 after a sharp early drop: SJC, PNJ, DOJI and Bảo Tín Minh Châu gold bars rose 600,000 VND per tael from 9am to 139.6-142.6 million VND, still 500,000 VND below the early-morning level. PNJ ring gold gained 500,000 VND to 138.5-141.5 million VND, while other brands held steady. Spot gold fell back to about US$4,132 an ounce after briefly rising to US$4,180, as a stronger dollar and higher US Treasury yields weighed. US stocks were mixed on Monday: the Nasdaq Composite rose 1.1% to 26,430.89 points and the S&P 500 gained 0.4% to 7,690.73, while the Dow slipped 0.1%. European shares fell sharply after protests in France and Italy, with the Stoxx Europe 600 down 0.80%.
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On the morning of October 20, domestic gold prices rebounded after a sharp early drop: SJC, PNJ, DOJI and Bảo Tín Minh Châu gold bars rose back by 600,000 VND per tael to 139.6–142.6 million VND, but remained 500,000 VND below early-morning levels. PNJ’s 9999 gold rings rose 500,000 VND to 138.5–141.5 million VND, while SJC held at 138.2–141.2 million VND. In international markets, spot gold fell back to 4,132 USD per ounce after the US dollar strengthened and US Treasury yields rose in the 19 October session. Investors remain focused on persistent inflation and the Federal Reserve’s rate outlook, while tensions around the Strait of Hormuz have limited selling pressure.
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