From 9:15 a.m. on 17/10, domestic gold prices fell across the board from the previous session: gold rings dropped 200,000–400,000 VND per tael, and SJC gold bars fell 300,000–400,000 VND per tael on the buy side. SJC quoted rings at 140.1–143.1 million VND per tael, while Bảo Tín Minh Châu's rings were priced at 138.4–142.4 million VND after a 400,000 VND drop. Spot gold closed the week at USD 4,164 per ounce, down 0.12%, as investors awaited Federal Reserve policy after higher-than-expected inflation data. A producer price report on 15/10 showed September prices rising at their fastest pace in several years, and the CME FedWatch tool implied about 90% odds of a Fed rate hike in December. Capital Economics analyst Hamad Hussain forecast gold could edge lower for the rest of the year.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá vàng nhẫn trơn, vàng miếng sáng 17/10 tại SJC, PNJ, DOJI, Bảo Tín Minh Châu và Bảo Tín Mạnh Hải
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goldinflationFedinterest rates
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Related tickers and likely impact
PNJ
• NeutralPhu Nhuan Jewelry
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Retail |
| Industry | Specialty Retailers |
| Market cap | 9,620 bn VND |
| P/E | 3.9 |
| P/B | 0.72 |
| Close on 10/16/2026 | 18.80 |
| Change that session | +3.30% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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