Gold prices decline - VnExpress International
Gold
AI desk brief
SJC gold bars fell 0.99% to VND139.5 million per tael, roughly VND14 million above global prices, while gold rings declined to VND139.3 million. Globally, spot gold rose 0.3% to $4,044.56 an ounce on Wednesday after a nearly 3% prior-session fall; December futures gained 0.6% to $4,052.50. StoneX analyst Matt Simpson attributed the rebound to profit-taking after Tuesday’s losses, while citing hot U.S. CPI and hawkish Fed comments as reviving tightening expectations. Such expectations could constrain bullion’s recovery, although the article does not establish a change in real yields.
Sources used
- S1 VnExpress International via Google News — Gold prices decline - VnExpress International