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Related tickers and likely impact
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/19/2026 | 4,140.75 |
| Change that session | -0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Gold bar and plain gold ring prices on Oct 20 afternoon reverse upward at SJC, DOJI, PNJ, Bảo Tín Minh Châu
After falling about 1.6 million VND per tael over two days, domestic gold prices showed signs of recovery: SJC, PNJ, DOJI and Bảo Tín Minh Châu gold bars rose by 600,000 VND per tael to 139.6–142.6 million VND, though still 500,000 VND below early-morning levels. For 9999 gold rings, PNJ rose by 500,000 VND to 138.5–141.5 million VND, while other brands held steady. Globally, spot gold climbed to $4,180 per ounce before retreating to $4,132, according to Kitco, after falling on October 19 as the U.S. dollar strengthened and Treasury yields rose. U.S. stocks ended mixed, with the Nasdaq up 1.1% to 26,430.89 points while the Dow Jones slipped 0.1% to 51,966.03, and European markets fell sharply after protests in France and Italy, with the CAC 40 down 1.11% to 7,868.05.
- Gold bar and ring prices on the morning of Oct 20: Sharp declines across the board
Domestic gold prices fell sharply on the morning of October 20 across major brands. At 8:30 a.m., SJC listed gold bars at 139–142 million VND per tael (buy–sell), down 1.1 million; by 9:40 a.m. SJC bar prices had rebounded but were still down 1 million from the previous morning. Gold ring prices also dropped at SJC, DOJI, PNJ and Bảo Tín Minh Châu, by between 600,000 and 1.1 million VND per tael. Globally, spot gold slipped 0.13% to $4,136 per ounce at 7 a.m. Vietnam time before edging up to $4,141 by 10 a.m., according to Kitco. Metals Focus's Matthew Piggott said institutional and central bank buying continues to support prices above $4,000 per ounce, while the firm forecasts an average of $5,330 per ounce in 2027.
- Gold price outlook : Yellow metal prices cool 26 % from record high : What are Indians buying this Dussehra , Diwali ?
Gold has corrected more than 26% from its record high in January 2026, with spot gold at $4,145.22 an ounce, and Indian households are shifting toward lighter jewellery, coins, bars and ETFs during the festive season. Traders were pricing an 82% chance the Federal Reserve holds rates at its October 27–28 meeting, but an 89% chance of a hike in December. Net inflows into gold ETFs reached 2,596.70 crore rupees in August, while India's gold imports fell 45% from July to $2.3 billion. According to Rajeev Sharan of Brickwork Ratings, 24-karat gold traded near 1.48 lakh rupees per 10 grams, and high US rates are expected to limit any sharp near-term rally to around 5% either way.
- Why have fresh investments into gold FoFs been halted , and what should you do ?
About 20 mutual fund houses have reportedly halted fresh lump-sum investments, new SIPs and top-ups into gold fund of funds (FoFs) following regulatory directives issued on 15 and 16 October. The aim is to curb gold import demand and ease rupee pressure during the festive season, while direct gold ETF investments and existing active SIPs are unaffected. Navneet Damani of Motilal Oswal said high crude prices strain the rupee and balance of payments, so gold and silver imports could be curtailed, though import duties raised from 6% to 15% have not halted inflows. Gold FoF industry size stood at ₹47,359 crore in August, down from ₹53,638 crore in March, and experts advised investing based on needs rather than FOMO. Secondary-market sovereign gold bonds (SGBs) no longer qualify for tax-free maturity gains and now face 12.5% long-term capital gains tax.
- Gold and Silver Prices on Oct. 20 Fall Sharply: Phu Quy, Bao Tin Minh Chau Announce Major Changes
SJC gold at Phu Quy on October 20 was quoted at 138.5 million VND per tael to buy and 142 million VND to sell, down about 0.5 million VND from the previous day, while Phu Quy's 1kg silver bar was around 52.8 million VND per kg to buy. Bao Tin Manh Hai cut 24K gold products by 800,000 VND per tael and its 1kg silver bar by 800,000 VND per kg. Global gold traded around $4,135-4,136 per ounce and silver around $57.02, under pressure from U.S. September CPI up 3.7% and PPI up 1.3%. From mid-October, gold transactions of 5 million VND or more in a day must be paid by non-cash means, and Phu Quy accepts only transfers from bank accounts in the customer's own name, not e-wallets.
- Gold Prices Fall for Third Day as Oil Surge Fuels Fed Rate Hike Fears
Spot gold slipped to $4,137.84 an ounce by 02:22 GMT, its third straight daily decline, while December futures fell 0.1% to $4,165.34. Brent crude stayed above $109 a barrel after hitting $110.70, a five-month high, on fears of Middle East supply disruptions following attacks on Saudi energy infrastructure that Yemen's Houthi group claimed. CME FedWatch showed markets pricing an 83% chance the Fed holds rates at its Oct. 27-28 meeting and 94% odds of a December rate increase. U.S. September CPI rose 3.7%, adding to inflation concerns. Spot silver gained 0.1% to $57.1325 an ounce and platinum rose 0.5% to $1,650.65.
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- Bitcoin ETFs just saw their biggest day in a month thanks entirely to BlackRock
U.S. spot bitcoin ETFs took in $526.6 million on Monday, the largest daily net inflow in nearly a month, driven entirely by BlackRock's iShares Bitcoin Trust (IBIT), which pulled in $665.2 million, its biggest daily inflow since Oct. 7 last year, according to SoSoValue data. Fidelity's FBTC lost $83.6 million and Grayscale's GBTC shed $54.9 million, while the remaining funds recorded no net flows. The inflow more than erased last week's $228.5 million of withdrawals, but funds remain about $90.5 million in net outflows for October, according to CoinDesk calculations. Ether funds moved the opposite way, losing $103.3 million in their fourth consecutive session of outflows, with BlackRock's ETHA accounting for $95.4 million of that.
- A Big4 bank cut deposit rates in the morning, then raised them again in the afternoon
VietinBank cut its deposit rates for terms of 6 months and longer on the morning of Oct. 20, then restored them to pre-adjustment levels by the afternoon. Its afternoon rate board showed 3.5% per year for 6 to under 12 months, 5.9% for 12 to under 24 months and 6% for 24 months and longer, versus 3%, 5.4% and 5.5% in the morning. Rates for terms under 6 months stayed unchanged, including 2.1% for 1 to under 3 months and 2.4% for 3 to under 6 months. The move came as banks followed the State Bank of Vietnam's guidance to cut deposit rates by at least 0.5 percentage points for terms of 6 months and longer, and Vietcombank and Agribank were among those reducing rates.
- IVV vs. SPY: Which S&P 500 ETF Is the Better Buy for Long-Term Investors?
The article compares two ETFs that track the S&P 500, iShares Core S&P 500 ETF (IVV) and State Street SPDR S&P 500 ETF (SPY), which have nearly identical holdings. The main difference is the expense ratio: IVV charges 0.03% a year, one-third of SPY's 0.09%, and its distribution yield is about 1.1% versus 1% for SPY. SPY's high liquidity remains valuable for active traders. The article concludes that IVV is the better choice for long-term investors, since lower costs can compound over time.
- Warren Buffett Is Issuing a Stark Warning About the Stock Market. Here's What History Says Comes Next.
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- Early Uber Investor Jason Calacanis Predicts Waymo Could Buy Lucid Or Rivian — Calls Its Chinese-Car Optics ‘Really Bad’
Early Uber investor Jason Calacanis predicts Waymo will buy Lucid Group (LCID) or Rivian Automotive (RIVN), arguing that its reliance on Chinese-made Zeekr vehicles creates cost and reputational problems. He says the arrangement is technically not illegal today, but Waymo would need to pay a tariff of over 100%, and it has drawn national-security concerns on Capitol Hill. According to Semafor, Waymo aims to grow its fleet from about 4,000 vehicles to 8,000 by the end of 2026 and 20,000 by the end of 2027, after closing a $5 billion term loan and a $16 billion equity raise this year. Uber has committed to buying at least 35,000 Lucid vehicles, while its Rivian deal starts with 10,000 autonomous R2 SUVs, with rides expected to begin in 2028. Calacanis, who recently bought small stakes in Lucid, Rivian, WeRide (WRD) and Pony.ai (PONY), expects consolidation in the autonomous-driving sector within 24 months.
- Prediction: Oct. 21 Will Be a Huge Day for the Stock Market
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