On the morning of October 13, SJC gold bars fell VND 800,000 from the previous day to VND 140.5-143.5 million per tael, bringing the two-day drop to VND 1.3 million across domestic brands. World spot gold closed the October 12 session down nearly $23 at $4,171 an ounce, equivalent to VND 132 million per tael, leaving the domestic price more than VND 11 million above the international level, compared with a gap of VND 1-3 million at the end of August. The market is weighed down by a stronger US dollar and higher oil prices, while investors await US inflation data for clues on the Fed's rate path. Kyle Rodda of Capital said that if inflation comes in above expectations and triggers another Fed rate hike, precious metals could fall sharply in the short term. Domestic silver bars also fell 0.7%.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá vàng giảm gần 1 triệu đồng
Read the original on VnExpress ↗
Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/12/2026 | 4,171.72655 |
| Change that session | -0.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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