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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/20/2026 | 4,125.21 |
| Change that session | -0.38% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/20/2026 | 4,122.25 |
| Change that session | -0.28% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/20/2026 | 4,116.60 |
| Change that session | -0.42% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Martin Lewis exposes real reason petrol and diesel prices go up
Money-saving expert Martin Lewis said oil is priced globally, so countries that depend on the Middle East must buy elsewhere, raising demand for the same or less supply and pushing prices up everywhere, even though the UK relies little on Middle East energy directly. Since US and Israeli strikes on Iran began, UK diesel has hit an all-time high of 200.1p per litre and is up 9% in the past month, while petrol has risen 8% to 174.8p, with diesel up more than 40% and petrol almost 34% since the conflict started. Lewis noted that just under half of the pump price is tax, and fuel duty is predicted to rise in January and March, though any change in the Chancellor's upcoming Budget is a political decision. He said that if the Middle East conflict de-escalates, prices will start to fall, but if it does not, they will probably stay high.
- Oil crisis global short | Mail & Guardian
International Energy Agency (IEA) chief Fatih Birol warned in March that the world was about to face “the greatest global energy security threat in history,” and the global oil and refined fuel crisis is likely to continue into 2027. Crude oil prices passed US$100 this month, while diesel prices in the US and Europe passed US$200 a barrel; the IEA calculated that diesel exports from the Middle East in August fell to a quarter of pre-war volumes, and gas prices rose 160% since the US-Israel-Iran war. Fuel shortages are driving inflation, pushing central banks to raise interest rates, undermining economic growth, and stoking political unrest in many poor countries. The US is the world’s largest oil producer at about 13.6 million barrels per day, while the Middle East accounts for 31.5% of global crude and condensate output. The article says oil-import-dependent developing countries such as South Africa are the most threatened.
- Global oil prices hit highest level in 5 months amid attacks on ships , facilities
Brent crude futures topped $111 a barrel for the first time since May after Iran and its Houthi allies claimed attacks on Middle East oil infrastructure, before retreating to $110.30. That is up more than 55% since the Iran war began in late February, while U.S. WTI crude rose to $105.75, up more than 60%. Houthi militants claimed strikes on Saudi Arabia, including the Shaybah oil field and Saudi Aramco facilities in Yanbu, and the IRGC claimed two tankers hit naval mines south of the Strait of Hormuz. U.S. gasoline averaged $4.27 a gallon, nearly $1.30 higher since late February, with affordability a top voter concern before the early November midterms. The tentative U.S.-Iran accord expired in August, and the article notes the conflict had earlier pushed U.S. inflation to a three-year high in May.
- Secretary Bessent says Iran conflict will determine if oil prices go down in 2026
Treasury Secretary Scott Bessent told NBC News that the Iran conflict will determine whether oil prices fall before the end of 2026. He said core inflation is down and food prices are below the Fed's targets, and described the current energy price rise as an energy shock that would ease once the conflict ends. Gas prices have been rising because of the war, and former Trump White House economic adviser Steve Moore expects inflation to stay around 3.5%, above the Fed's 2% or lower target, while oil remains at $90–100 a barrel.
- Got a Minute ? Rep . Dina Titus addresses gas prices , Iran war and water supply in re - election campaign
Rep. Dina Titus said inflation, including gas, grocery and health insurance costs, is the issue constituents raise most often during her re-election campaign. She said gas prices have risen partly due to the war with Iran, and she backs a proposed pipeline through Idaho and Wyoming because Nevada has no refineries and relies on California for supply. Titus said the war, expected to last two weeks, has lasted seven months and cost American lives, and she supports diplomacy to resolve it. On water, she said Lake Mead's level keeps falling and she supports tying development approvals, including for data centers, to water availability.
- Gas price calculator shows how far your money goes
A new calculator from the Get the Facts Data Team shows how many gallons a given amount of money buys at the pump, based on the EIA's monthly national average price for regular gasoline. Regular gasoline averaged $4.36 in September, and the gasoline index was up 34.2% year over year. The BLS reported that gasoline rose 9.1% in September, accounting for over half of the month's overall increase, and overall inflation reached 3.7% year over year as the ongoing U.S. war with Iran keeps oil prices elevated.
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Latest news
- Bank Profits Surge
The 9-month 2026 results show many banks continued to grow profits, with some posting record quarterly earnings. VPBank's pre-tax profit reached nearly VND 30,000 billion, up nearly 47%, equal to its full-year 2025 result and about 72.4% of its 2026 plan; Q3 pre-tax profit topped VND 11,000 billion. Techcombank posted VND 28,900 billion (up 23.7%), while LPBank reported VND 10,421 billion (up nearly 9%). SSI forecasts pre-tax profit of its monitored banks to rise 19.5% in 2026 before slowing to 15.4% in 2027, pressured by narrowing net interest margins and rising credit risk provisions. It also expects system-wide credit growth of 16-17% in 2027 and 17.9% for the monitored banks.
- World's Largest Gold Fund Dumps Over 10 Tonnes of Gold as Prices Slide
SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.
- Gold Prices Continue to Fall
On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).
- Company Linked to Billionaire Pham Nhat Vuong Announces Major Good News
VEFAC (ticker VEF), a Vingroup subsidiary, posted Q3 net revenue of nearly VND 77 billion, up 67% year on year, but a gross loss of about VND 27 billion as cost of sales from its exhibition business exceeded revenue. Q3 profit rose mainly thanks to a gross gain of about VND 65 billion from transferring some schools in a project to a partner, while financial income reached over VND 388 billion, mostly from loan and investment income. For the first nine months of 2026, after-tax profit was nearly VND 865 billion, down about 94% from VND 15,418 billion in the same period of 2025, as the prior year included large gains from transferring part of the Vinhomes Global Gate project. As of 30/9/2026, total assets stood at over VND 31,905 billion, up 36% from the start of the year, while total liabilities exceeded VND 24,364 billion, with short-term customer advances rising from VND 411 billion to over VND 8,373 billion.
- Lotte and Phat Dat Officially Break Ground on VND 60,000 Billion Mega Project in Thu Thiem 'Golden Land'
A joint venture between Lotte Group (South Korea) and Phát Đạt (HoSE: PDR) officially broke ground on 23/10 on Lotte Eco Smart City Thu Thiem in the Thu Thiem New Urban Area, HCMC, with total investment of about VND 60,000 billion. The project covers nearly 7.5 ha and will combine Grade A offices, retail, services, accommodation and housing, adjoining the central plaza and central lake of Thu Thiem. Phát Đạt holds 35% of Lotte Properties HCMC, the project developer, and will develop the housing blocks along with two towers (2-1 and 2-3) with about 219,722 m2 of floor area, while Lotte handles block 2-5. Lotte Properties HCMC paid VND 17,569 billion in land-use fees on 31/7/2026, and Phát Đạt completed its VND 7,666 billion payment to take its 35% stake. MB is funding all of Phát Đạt's capital contribution, while VietinBank and BIDV also support the project.
- International Business : Global stocks nosedive as Meta dents AI optimism
Global stocks retreated as tech earnings failed to ease concerns about the AI outlook, with MSCI's All-World index set for its largest daily fall in two weeks, down 0.4 per cent. Meta beat third-quarter revenue expectations, but its plan to issue non-voting stock revived worries about its mounting capital commitments, and a New Mexico judge ordered it to pay a $25 billion penalty in a data privacy case. Brent crude rose nearly 3% to $112 a barrel, near a five-month high, after more Houthi attacks in Saudi Arabia raised supply risks. Investors moved into government bonds, pushing the US 10-year yield down to 5.05%, below France's for the first time in 13 years, while French yields have climbed above 5% amid concerns over social unrest and debt. The France-Germany 10-year spread reached 177.7 basis points, its widest since 2011, while gold fell 1.8% to $4,070 an ounce.
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