News · CafeF

Gold prices rebound over the weekend

On the morning of 17 October, SJC, PNJ and Bảo Tín Mạnh Hải quoted SJC gold bars at VND 140.6 million per tael to buy and VND 143.6 million to sell, up VND 300,000 from the previous morning. Gold rings rose by VND 100,000–300,000 per tael across brands, with SJC and PNJ quoting buying at VND 140.1 million and selling at VND 143.1 million. On the global market, gold on Kitco reached $4,165 per ounce, up $2 after three straight sessions of decline, supported by a 0.5% drop in the dollar and the 10-year US Treasury yield falling to a three-week low. Outlook remains under pressure as markets price a 72% chance the Fed holds rates in October and a 92% chance of a rate hike in December. On the supportive side, demand from central banks and Chinese investors remains notable, with the People's Bank of China adding 23 tonnes of gold to reserves last month.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Giá vàng cuối tuần bật tăng trở lại

Read the original on CafeF ↗

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goldXAUUSDinterest ratesFed

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Related tickers and likely impact

PAXG/USDT

▲ Likely positive

PAX Gold

Relevance: medium

MarketCrypto
ExchangeBinance
SectorReal-world assets
Market cap$1.8B
Close on 10/16/20264,162.70
Change that session+0.11%
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XAUT/USDT

▲ Likely positive

Tether Gold

Relevance: medium

MarketCrypto
ExchangeBinance
SectorReal-world assets
Market cap$3.4B
Close on 10/16/20264,159.65
Change that session+0.15%
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XAU/USD

▲ Likely positive

Relevance: medium

MarketGold
Close on 10/16/20264,165.63
Change that session-0.13%
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Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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