Gold prices fall - VnExpress International

AI desk brief

Spot gold fell 0.6% to $4,063.39 an ounce on Friday but remained up 4% for the week ahead of US payrolls data; December futures declined 1% to $4,072.90. Vietnam’s SJC gold bars fell 1.05% to VND141 million per tael, retaining a 1.44% weekly gain, while rings dropped 1.27% to VND140.5 million. Reuters attributed global weakness to rebounding oil and higher-for-longer rate expectations, with Tastylive’s Ilya Spivak citing inflation concerns. Sustained energy inflation could weigh on bullion if it raises expected real yields; nominal rate expectations alone do not establish that channel.