Gold prices gain - e.vnexpress.net
Gold
AI desk brief
Spot gold rose 0.8% to $4,328.39/oz after Monday’s more than one-month low, while Saigon Jewelry Company’s gold bar price in Vietnam climbed 0.41% to VND145.9 million per tael and ring prices rose similarly. U.S. December gold futures fell 0.9% to $4,369.50/oz as traders awaited the Fed decision, with markets largely pricing a rate hike.
The article frames the key near-term risk as a hawkish Fed, which would raise the opportunity cost of holding non-yielding gold and could pressure prices further. A softer policy message, alongside weaker oil and reduced Middle East stress, would be supportive for a rebound.
Sources used
- S1 e.vnexpress.net via Google News — Gold prices gain - e.vnexpress.net