Gold prices slip after 3-day flat streak - VnExpress International

AI desk brief

Gold slipped after a three-day flat patch as a firmer U.S. dollar and elevated Treasury yields weighed on the metal, though losses were limited by easing expectations of another Fed rate hike this month. Spot gold fell 0.3% to $4,127.87/oz and U.S. futures were little changed at $4,155.30/oz.

In Vietnam, Saigon Jewelry Company bullion dropped 0.42% to VND142.9 million per tael and gold rings fell 0.14% to VND143.1 million per tael; local gold prices are down 6.5% year to date. Capital.com’s Kyle Rodda said the next major catalyst is likely geopolitical risk in the Middle East or a material shift in U.S. rate expectations, with price data closely watched.