On the morning of November 2, SJC and several major brands listed gold bars at VND 137–140 million per tael, up VND 1 million after a sharp drop at the end of last week, though still about VND 17.5 million above the world price. International precious metals rose US$35 to US$3,910 an ounce after falling as much as US$200 the previous week. Commerzbank analysts said the late-week sell-off came as traders sold safe-haven assets to meet margin calls when tech shares slumped, and they expect precious metals to recover. A Reuters poll of 30 analysts and traders cut the median gold forecast for this year to US$4,495 an ounce from US$4,509 three months earlier, the second straight quarter of downgrades. Domestic silver prices fell further, with Phú Quý listing silver at VND 1.59–1.64 million, about VND 42–44 million per kg, down 10% over the past week.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá vàng miếng đảo chiều lên 140 triệu đồng một lượng
Read the original on VnExpress ↗
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goldsilverXAUUSDsafe-haven assets
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/30/2026 | 3,875.51 |
| Change that session | -3.63% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.7B |
| Close on 11/01/2026 | 3,910.91 |
| Change that session | +0.30% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.1B |
| Close on 11/01/2026 | 3,893.72 |
| Change that session | +0.36% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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