Gold prices gain - VnExpress International

AI desk brief

Gold steadied with spot at $4,180.30/oz and U.S. futures up 0.8% to $4,212.70, but the metal is still headed for a 6% monthly loss as higher-rate expectations and a stronger dollar weigh on sentiment. In Vietnam, Saigon Gold Jewelry Co. raised bullion to VND143.5 million/tael and rings to VND143 million/tael, though both remain down 3.5% this month.

Market focus is on the upcoming U.S. PCE inflation print, which should steer Treasury yields, the dollar and the next Fed move. Tony Sage said a softer reading could send gold back toward $4,200-$4,300, while a hotter outcome could lift yields and the dollar and pressure gold toward $4,100.