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Gold prices rebound from 4-month low - VnExpress International

VnExpress International via Google News Tier 3 2026-11-02 07:15 UTC 📖 1 min brief Neutral
Gold

AI desk brief

Gold bounced on Monday after last session’s selloff, with spot up 0.7% to $3,900.90/oz and December futures up 0.3% to $3,909.70. The rebound came after bullion fell 3.5% on Friday to its lowest since October 2025, breaking below the key $4,000/oz level as tech-stock weakness triggered forced sales of safe-haven assets and margin calls.

Locally, Saigon Gold Jewelry Company lifted bar prices 0.72% to VND140 million per tael and ring prices 0.74% to VND136.8 million per tael. Ole Hansen of Saxo Bank said gold faces a difficult near-term backdrop as technical selling and liquidity concerns outweigh its longer-term investment appeal, while traders also watched Fed comments for rate-path signals; weaker oil prices helped temper inflation concerns.

Sources used

  1. S1 VnExpress International via Google News — Gold prices rebound from 4-month low - VnExpress International
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