News · CafeF

Plain gold ring and gold bar prices rise simultaneously on Nov. 5 at SJC, PNJ, Bao Tin Minh Chau, DOJI and Bao Tin Manh Hai

At the open on Nov. 5, domestic gold prices were little changed from the previous session's close. Gold rings were quoted at 136.5–140.8 million VND per tael and SJC gold bars at 139.4–142.4 million VND per tael. Spot gold on the international market reached 4,069 USD per ounce, up 0.22%, after a 3.4% gain in the prior session. The rally was supported by a weaker US dollar after the Democrats' decisive win in the US midterm elections, alongside concerns over US fiscal prospects. Investors are watching this week's US jobs data for clues on the Federal Reserve's interest rate outlook.

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

Original headline: Giá vàng nhẫn trơn, vàng miếng sáng 5/11 tại SJC, PNJ, Bảo Tín Minh Châu, DOJI và Bảo Tín Mạnh Hải đồng loạt tăng

Read the original on CafeF ↗

Keywords

goldXAUUSDUS dollarFedPNJ

Open a keyword to see other news on the same topic.

Related tickers and likely impact

XAU/USD

▲ Likely positive

Relevance: medium

MarketGold
Close on 11/04/20264,060.57
Change that session+3.32%
XAU/USD price, forecasts and signals →

PNJ

▲ Likely positive

Phu Nhuan Jewelry

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorRetail
IndustrySpecialty Retailers
Market cap7,548 bn VND
P/E4.5
P/B0.57
Close on 11/04/202614.75
Change that session0.00%
PNJ price, forecasts and signals →

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 at Midday 19/10 at SJC, PNJ, DOJI, Bao Tin Minh Chau and Bao Tin Manh Hai All Fall Together

    At the midday update on 19/10, domestic gold prices fell across the board by 500–800 thousand VND per tael. Early on 19/10, gold bars at SJC, PNJ, DOJI and Bao Tin Manh Hai were quoted at 140.6–143.6 million VND per tael, while Bao Tin Minh Chau was at 138.6–143.6 million. From 16/10, gold businesses must use non-cash payment for buy and sell transactions of 5 million VND or more per day under Decree 390/2026/NĐ-CP. Internationally, gold traded around 4,160–4,180 USD per ounce as investors watched U.S. economic data and the Fed's rate outlook, and the market still leans toward the Fed holding rates at its October 27–28 meeting. S&P Global's preliminary October composite PMI is being watched as a signal of inflation pressure.

    CafeF·▼ PNJ▼ XAU/USDgoldXAUUSDPNJ
  • Gold surges on evening of Nov 4 after US election results

    Gold prices rose nearly 3% in the Nov 4 session to above 4,040 USD/ounce as the US dollar weakened after Democrats' decisive win in the US midterm elections. At 10 p.m. Vietnam time, spot gold was up 2.7% at 4,036 USD/ounce, heading for its biggest daily gain since August 19. Hamad Hussain of Capital Economics said the Democratic victory appears to be lifting gold as investors grow more worried about the US fiscal outlook. Democrats won control of both the Senate and House, a result that reflects strong voter backlash against President Donald Trump. Investors are also watching US jobs data for clues on the Federal Reserve's interest rate path, a factor that significantly affects gold prices.

    CafeF·▲ XAU/USD▲ PAXG/USDT▲ XAUT/USDTgoldUS dollarmidterm elections
  • Plain gold ring and gold bar prices rise on the morning of November 4 across SJC, PNJ, Bảo Tín Minh Châu and Bảo Tín Mạnh Hải

    At 10:15 on November 4, domestic gold prices rose from the previous close. SJC gold bars at most brands gained 600,000 VND per tael to 141.2 million VND per tael on the sell side, while gold rings rose 200,000–600,000 VND per tael at most major brands, with DOJI unchanged. In international markets, spot gold traded at US$3,939 per ounce, up 0.25% after a 0.42% drop in the previous session. The article attributes the pressure on gold to a stronger US dollar and rising US Treasury yields, while CME FedWatch shows a 79% probability of a Fed rate hike in December. The World Gold Council cut its 2026 investment demand growth forecast to 200 tonnes from 400 tonnes, but raised its forecast for central bank gold purchases.

    CafeF·▲ XAU/USD▲ PAXG/USDT▲ XAUT/USDT• PNJgoldXAUUSDUS dollar
  • Gold Prices Surge on the Evening of November 2

    Spot gold rose 2.3% to $3,963.80 per ounce on the evening of November 2, according to Kitco data, rebounding after a 3.6% drop on Friday to its lowest level since October 2025. Oil fell more than 6% as Iran and Qatar entered a third consecutive day of talks aimed at ending the conflict involving the US, Israel and Iran, easing inflation concerns and expectations of prolonged high US interest rates, while a weaker US dollar also supported gold. CME FedWatch put the odds of a Fed rate hike in December at 76.6%, down from 80% a week earlier. Gold's 14-day RSI rose to about 37 from below 30, which the article says means gold has moved out of technically oversold territory. Julius Baer analyst Carsten Menke said the outcome of the US midterm elections on November 3 is unlikely to significantly change the US fiscal outlook in a way that strongly affects gold prices.

    CafeF·▲ XAU/USD▲ PAXG/USDT▲ XAUT/USDTgoldXAUUSDoil prices
  • Gold Falls to 1-Year Low: When Could Prices Break the $3,000/Ounce Level?

    Gold fell below 3,900 USD/ounce after the Federal Reserve maintained its tight monetary stance and tech stocks sold off, trading near 3,874.40 USD, the lowest level in over a year. From a record high above 5,000 USD/ounce, analysts outline scenarios for a drop to 3,750–3,850 USD, and to 3,000 USD if the 3,920 USD support level breaks. The Fed raised rates by 25 basis points in September 2026 to 4.00%, its first hike since 2023, while the USD Index near 102.3 added pressure on gold. Some experts warn that liquidity stress could trigger a sharp sell-off, while a quantitative estimate puts fair value at 3,000–3,400 USD/ounce based on real interest rates and the dollar. The 10-year US Treasury yield, approaching 5%, is also cited as structural pressure on non-yielding assets.

    CafeF·▼ PAXG/USDT▼ XAUT/USDT▼ XAU/USDgoldFedinterest rates
  • Gold plunges, investors lose tens of millions of dong per tael

    World spot gold fell 146 USD on the morning of October 31 to 3,875 USD/ounce, its lowest since October 2025 and more than 30% below the peak of about 5,595 USD/ounce in January 2026. Domestic SJC gold bars dropped 2.4 million VND per tael to 136–139 million VND per tael (buy–sell). The gap between domestic and converted world prices remains near 19 million VND per tael, while the SJC bar buy-sell spread is about 3 million VND per tael, meaning buyers could lose money if they sell immediately at the listed price. PGS.TS Đinh Trọng Thịnh attributes the drop to shifts in US monetary policy expectations, profit-taking after a sharp rally, and changes in capital flows. TS Nguyễn Trí Hiếu identifies five factor groups to watch through the end of 2026: Fed policy, the US dollar and Treasury yields, geopolitics and energy prices, central bank gold buying, and ETF, futures and physical demand flows.

    CafeF·▼ XAU/USD▼ PAXG/USDT▼ XAUT/USDTgoldXAUUSDFed

Related markets

Gold →Vietnam stocks →

Latest news

  • ACB Launches Credit Card for Household Businesses, with Up to 55 Days Interest-Free and Up to 10% Cashback

    ACB has launched the ACB Visa Business credit card for household business owners and sole traders, aimed at working capital needs during the year-end peak season. The card offers up to 55 interest-free days and cashback of up to 10% on transport, bill payment and software transactions, and eligible purchases can be converted into installments from 1.74% for a 3-month term. Eligible customers can apply online via ACB ONE using a pre-approved credit limit without providing income documents. Cardholders also get free cash withdrawals, interest refunds on cash withdrawals of up to 500,000 VND, and annual fee refunds once spending thresholds are met.

    CafeF·bankscreditACB
  • What Cirrus Logic (CRUS) Said on Its Q2 Earnings Call

    Cirrus Logic reported fiscal second-quarter revenue of $559.5 million, up 22% from the prior quarter, as higher smartphone volumes and more content per device offset weaker PC and general-market sales. It forecasts December-quarter revenue of $510 million to $570 million, partly because some sales shifted into September, and expects gross margin of 51%–53% for the foreseeable future after calling September its high point. The company plans targeted price increases and expects fiscal 2027 operating expenses to rise as it invests in R&D. PC demand is weighed by memory and component shortages and delayed launches, though existing design wins remain in place. Cirrus also completed its INVENTVM acquisition and authorized up to $500 million in additional share repurchases.

    Yahoo Finance·earningssemiconductorsshare buybacks
  • The Deal With Meta & OpenAI Just Cost AMD $1.1 Billion

    AMD booked a $1.1 billion noncash charge in the third quarter tied to its chip deals with OpenAI and Meta, the first time these agreements hit its reported earnings. The charge equals 66 cents per diluted share and mainly reflects a higher share price and revised estimates of whether customers will meet milestones, as AMD began shipping Instinct MI450 accelerators. Each customer holds a warrant to buy up to 160 million shares at 1 cent apiece, which would give them about 16% of AMD's enlarged share count if fully exercised. Revenue reached $13.4 billion, and the data center segment hit a record $8.5 billion, up 97% from a year earlier. Free cash flow fell to $554 million from $1.56 billion as inventory rose about $3 billion to roughly $11.5 billion.

    Yahoo Finance·• METAAMDOpenAIMETA
  • Why Alphabet Stock Popped on Wednesday

    Alphabet shares rose as much as 5.9% on Wednesday and closed up 3.2% after Democrats took control of both the House and the Senate in the U.S. midterm elections. A prominent voter issue was stricter oversight of data centers, with an estimated 50 ballot measures nationwide, many seeking moratoriums. Texas accounts for 41% of data center capacity scheduled to come online in 2028, and governor-elect Gina Hinojosa promised a moratorium until the legislature studies the facilities' effects. The article argues a moratorium would likely hurt competition and benefit hyperscalers like Google, even though the stock fell 13% in one day after its Q3 report, its largest single-day drop, on negative free cash flow of $9 billion and roughly $200 billion in planned 2026 capex, while Google Cloud revenue rose 103% to $30.7 billion.

    Yahoo Finance·▲ GOOGLGOOGLdata centersDemocratic Party
  • Steve Weiss Says the Midterms Just Put a Lid on AI Spending. Here's Who Could Get Hurt

    After Democrats took control of Congress and newly elected governors pledged to limit data center development, AI infrastructure stocks fell sharply while chipmakers barely moved. Steve Weiss told CNBC the market sees the Democratic win as a forced restraint on capex, since companies could not spend what they committed under a moratorium on new data centers, especially in Texas, where 30% of projects are located. Vistra and Vertiv fell by double digits, while NVIDIA and Broadcom slipped far less, because chips can be sold to projects in other states or countries. Morgan Stanley's Ariana Salvatore argued that a Republican-controlled Texas legislature would limit sweeping changes, while GLJ Research's Gordon Johnson said the Texas result could delay 13 gigawatts of planned data center power.

    Yahoo Finance·▼ NVDANVDAAI investmentdata centers
  • Trump committee hearing on Fed Governor Lisa Cook rescheduled to Dec. 14

    A special committee appointed by President Donald Trump has rescheduled the hearing for Federal Reserve Governor Lisa Cook to Dec. 14, a White House official said Wednesday. Trump set up the “committee of inquiry” in early October to investigate allegations that Cook made false statements related to “one or more mortgage instruments.” The New York Times first reported the rescheduling.

    CNBC·• DXY▲ XAU/USDFedLisa CookDonald Trump

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.