Gold price falls

By Dat Nguyen   September 11, 2025 | 02:03 am PT
Gold price falls
Gold rings seen in a shop in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam gold price fell Thursday afternoon as global rates dropped.

Saigon Jewelry Company gold bar dropped 1.03% to VND133.9 million (US$5,071.59) per tael.

Gold ring declined by 0.23% to VND129.6 million per tael.

Globally gold edged lower on Thursday, but held near record-highs well above the $3,600 mark, as a modest recovery in the dollar and profit-taking pressured prices, while investors waited for U.S. consumer inflation figures due later today, Reuters reported.

Spot gold was down 0.3% at $3,629.23 per ounce. Bullion hit a record high of $3,673.95 on Tuesday.

"Gold seems to be slightly pressured by a stabilizing dollar and profit-taking today. Nevertheless, the precious metal remains firmly bullish above the psychological $3,600 level with yesterday's surprise drop in U.S. producer prices limiting the downside," said Lukman Otunuga, senior research analyst at FXTM.

 
 
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