Gold prices gain

By Minh Hieu   September 29, 2026 | 11:47 pm PT Google Get VnExpress first in Google Search info See more of the news you trust. Make VnExpress a preferred source to prioritise our updates in your Google search results
Gold prices gain
Gold bars are seen at a store in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam's gold prices rose on Wednesday morning as global bullion rates headed for a 6% monthly drop.

Saigon Gold Jewelry Company gold bar price gained 0.7% to VND143.5 million (US$5,525.61) per tael. It is down 3.5% so far this month, however.

Gold ring price also went up 0.7% to VND143 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Globally, gold prices steadied on Wednesday but were set for a monthly loss as expectations of higher interest ‌rates weighed on sentiment while investors awaited US inflation data for clues on the Federal Reserve's next policy move, Reuters reported.

Spot gold was little changed at $4,180.30 per ounce, but is down 6% so far this month. U.S. gold futures gained 0.8% to $4,212.70.

The dollar was headed for a monthly gain, making greenback-denominated metals more expensive for holders ⁠of other currencies.

"The PCE data release will be an important test for gold as it could influence expectations for US monetary policy, and the direction of Treasury yields and the dollar," said Tony Sage, CEO of Critical Metals.

"A softer reading would likely support gold and open the way for a return to the $4,200-4,300 range, while a hotter number could push yields and the dollar higher, putting renewed pressure on gold and testing the $4,100 level."

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