Gold prices decline - e.vnexpress.net
Gold
AI desk brief
Gold fell 0.6% to $4,154.78/oz and US futures slipped 0.4% to $4,184, leaving the metal on track for a second straight weekly decline as a stronger dollar and elevated Treasury yields pressured prices. The market is now focused on US nonfarm payrolls for confirmation of the Fed path; a hot print would likely lift rate-hike expectations further and keep pressure on bullion.
In Vietnam, Saigon Gold Jewelry Company cut gold bar prices 0.14% to VND144.1 million per tael, while ring prices eased to VND143.6 million. Trading remains sensitive to USD strength and geopolitics in the Middle East, but near-term direction is dominated by US data and real-rate expectations.
Sources used
- S1 e.vnexpress.net via Google News — Gold prices decline - e.vnexpress.net