Brands are selling gold bars around 141.7 million VND per tael, the lowest in over two months. On the morning of 24/10, SJC listed gold bars at 138.7 - 142.7 million VND, down 300,000 VND from the previous session's close and down 1.4 million VND since the start of the week, the lowest since 4/8. SJC ring gold traded around 135 - 139 million VND. Domestic prices followed the world market: on 23/10 spot gold fell 28 USD to 3,994 USD per ounce, the lowest since mid-July; at Vietcombank's USD selling rate, that equals roughly 125.5 million VND per tael, leaving domestic gold bars about 16 million VND higher. The article links the decline to rising oil prices, inflation worries and expectations of high US interest rates for longer, and says margin calls after a US tech stock sell-off forced investors to sell gold and silver to meet payments.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá vàng miếng về dưới 142 triệu đồng một lượng
Read the original on VnExpress ↗
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goldXAUUSDinflationinterest ratesVietnam
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Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
PAXG/USDT
▼ Likely negativePAX 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
▼ Likely negativeTether 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% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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