{
  "id": 10655670,
  "title": "Gold prices decline to 8-week bottom",
  "url": "https://urgent.news/2026/09/29/gold-prices-decline-to-8-week-bottom",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T08:44:29.000Z",
  "source": {
    "name": "VnExpress Business",
    "slug": "vnexpress-business",
    "url": "https://e.vnexpress.net/news/business/markets/gold-prices-decline-to-8-week-bottom-5126131.html"
  },
  "original_language": "en",
  "account": "Gold prices in Vietnam have hit their lowest level in eight weeks, according to the Saigon Jewelry Company. The gold bar price fell by 0.63% to VND141.5 million (US$5,448.80) per tael, while the gold ring price dropped 0.91% to VND142.2 million per tael. During the same period, gold prices globally have declined by 7.40%. Globally, gold prices were steady after a 4% plunge on Monday, amid concerns over rising oil prices fueling inflation worries. This, in turn, raised the probability of tighter monetary policy, as well as the impact of a higher dollar and Treasury yields on the metal. As of the time of publishing, spot gold was up 0.61% to $4,138.90 per ounce. Oil prices rose by approximately 3% after U.S. President Donald Trump rejected an Iranian peace deal aimed at resolving their conflict and reopening the Strait of Hormuz. Such a move can contribute to inflation, potentially prompting central banks to adopt a higher-for-longer rate stance. Although gold is often viewed as an inflation hedge, elevated interest rates diminish its appeal, as investors tend to favor assets that generate income.",
  "summary": "Vietnam gold prices fell Tuesday morning to the lowest since August 4, following a dip of the precious metal on global markets.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Reserve Bank of India",
        "title": "Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 29, 2026",
        "url": "https://urgent.news/2026/09/29/result-of-the-overnight-variable-rate-reverse-repo-vrrr-auction-held",
        "published": "2026-09-29T05:08:52.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Today’s Gold Rate, September 29: Gold prices down in Coimbatore, Nagpur, Visakhapatnam, Surat & other cities",
        "url": "https://urgent.news/2026/09/29/todays-gold-rate-september-29-gold-prices-down-in-coimbatore-nagpur",
        "published": "2026-09-29T08:14:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}