Gold prices today (October 19): Investors lean towards a decline. - Vietnam.vn

AI desk brief

Gold was unchanged at $4,165/oz in early Monday trade, but the tone is cautious after prices repeatedly failed to clear the $4,200/oz resistance area. The article says SJC gold bars in Vietnam are trading about 12 million VND/oz above the international price, highlighting a large local premium.

Near-term sentiment is split among Wall Street analysts but bearish among retail investors: in the Kitco-style survey, 4 of 12 experts see higher prices, 6 are neutral, and 2 expect a decline, while 63 of 139 Main Street voters, or 45%, expect gold to fall next week. The setup remains vulnerable to hotter US inflation data and renewed Fed tightening fears, which are limiting upside momentum.