{
  "id": 2072504,
  "title": "Gold prices hit 4-week peak",
  "url": "https://urgent.news/2026/08/20/gold-prices-hit-4-week-peak",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T04:54:31.000Z",
  "source": {
    "name": "VnExpress Business",
    "slug": "vnexpress-business",
    "url": "https://e.vnexpress.net/news/business/markets/gold-prices-hit-4-week-peak-5111147.html"
  },
  "original_language": "en",
  "account": "In Vietnam, the price of gold reached a four-week high. The Saigon Jewelry Company reported that a gold bar surged 2.66% to VND146.5 million (approximately $5,600.05) per tael. A tael is equivalent to 37.5 grams or 1.2 ounces. Additionally, a gold ring increased by 0.68% to VND147.5 million per tael.\n\nOver the course of the year, gold prices in Vietnam have experienced a decline of 4.12%. Globally, gold encountered a slight decrease of 0.75% to $4,488.30 per ounce, following a significant rise on Wednesday, which marked the highest level in over two and a half months.\n\nThis substantial increase in gold prices was described as \"totally unexpected\" by Robert Gottlieb, an industry expert and former head of precious metals at Koch Supply and Trading. According to Gottlieb, the surge in gold prices is attributed to lower yields on longer-dated Treasuries and the potential to bring the dollar down.\n\nAlthough the intense demand for gold has diminished in recent days, there is a possibility that investment flows may return swiftly. This could be facilitated by Treasury liquidity support, a Federal Reserve willing to overlook an energy shock, and a growing concern about stagflation. These factors, according to a note by TD Securities, are expected to ultimately result in lower real rates.",
  "summary": "Vietnam gold prices surged Thursday morning to the highest since July 22, driven by a jump of the precious metal on global markets in the previous session.",
  "key_points": [
    "Gold prices in Vietnam hit a four-week peak.",
    "Gold bar price increased by 2.66% to VND146.5 million per tael.",
    "Global gold prices decreased by 0.75% to $4,488.30 per ounce."
  ],
  "editors_take": "The surge in gold prices signals investors' growing concern about stagflation and potential shifts in US economic policy, which could ultimately lead to lower real interest rates.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}