Buying SJC, PNJ or Bảo Tín Mạnh Hải gold bars on the morning of 19/10 at VND 143.6 million per tael and selling on the morning of 24/10 at the buy-back price of VND 138.7 million would mean a loss of VND 4.9 million per tael; SJC gold rings had the largest loss, at VND 8.1 million per tael. At the current buy-back price, investors who bought SJC gold bars at the record high of VND 191.3 million per tael at the end of January could lose up to VND 52.6 million per tael, about 27.5% of their initial investment. On Kitco, spot gold closed the week at 3,994 USD/ounce, dipping below 4,000 USD/ounce as Iran-related tensions pushed crude oil to multi-year highs and reinforced expectations that the Fed will keep policy tight. According to Reuters, inflation is making major central banks slower to ease than expected, while a sell-off in tech stocks could force investors to sell precious metals to meet margin calls. These losses exclude buy-sell spreads and other costs.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Người mua vàng đầu tuần có thể lỗ tới 8,1 triệu đồng/lượng, mua ở đỉnh lỗ hơn 52 triệu
Keywords
goldinterest ratesFedinflation
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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 10/24/2026 | 4,004.01 |
| Change that session | +0.01% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/24/2026 | 3,994.05 |
| Change that session | 0.00% |
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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