News · CafeF

Gold ring and bar prices fall across the board in the afternoon session on October 17 at SJC, PNJ, DOJI, Bao Tin Minh Chau and Bao Tin Manh Hai

In the afternoon session on October 17, domestic gold prices kept falling from the previous session across the surveyed brands: gold rings dropped 200,000-400,000 VND per tael on both buy and sell sides, while SJC gold bars fell 300,000-400,000 VND per tael on the buy side and 300,000 VND on the sell side. SJC quoted gold rings at 140.1-143.1 million VND per tael and gold bars at 140.6-143.6 million. Internationally, spot gold closed the week at $4,164 an ounce, down 0.12%, as investors weighed the Federal Reserve's rate outlook after a series of higher-than-expected inflation readings. TD Securities' Bart Melek said gold is trading in a narrow range near the low end of its support, reflecting uncertainty over the Fed's next steps.

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

Original headline: Giá vàng nhẫn trơn, vàng miếng chiều 17/10 tại SJC, PNJ, DOJI, Bảo Tín Minh Châu và Bảo Tín Mạnh Hải đồng loạt giảm

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