World gold on Kitco fell 138 USD to 3,875 USD/ounce on the morning of 31/10 compared with early 30/10, losing the 4,000 USD level, and is down more than 3% for October. Oil prices rose after new attacks on commercial vessels in the Strait of Hormuz raised inflation concerns, even as US wage growth slowed, while higher-than-expected US inflation data and Middle East tensions reinforce expectations that the Fed will keep tight monetary policy. ANZ warned gold could be sold off alongside equities as investors reassess returns on large AI investments. In Vietnam, at 6 a.m., SJC gold bars were quoted at 138.4-141.4 million VND per tael (buy-sell), down 1.3 million VND from the previous morning. The World Bank forecasts precious metal prices may ease in 2027, though price levels are still expected to be three times higher than in the previous period.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá vàng hôm nay 31/10: Tiếp tục giảm mạnh, mất mốc 4.000 USD/ounce
Keywords
goldXAUUSDFedinflationoil pricesStrait of Hormuz
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Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: high
| Market | Gold |
|---|---|
| Close on 10/30/2026 | 3,875.51 |
| Change that session | -3.63% |
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/30/2026 | 3,901.71 |
| Change that session | -2.81% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.2B |
| Close on 10/30/2026 | 3,884.80 |
| Change that session | -3.05% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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