Gold prices slip

Gold prices slipped in Vietnam on Thursday morning after falling to a seven-month low on global markets, according to the report. Saigon Jewelry Company’s gold bar dropped 0.54% to VND146.2 million (US$5,551.55) per tael, while gold rings were steady at VND146 million per tael. The article says Vietnam gold prices are down 4.3% since the start of the year. Globally, spot gold traded at $3,972 per ounce, marking the first sustained move below $4,000 since November 2025, as reported by MiTrade. The decline followed a Truth Social post by President Donald Trump clarifying aspects of the U.S.-Iran framework, including no tolls on Strait of Hormuz shipping and controlled release of Iranian funds for U.S. agricultural purchases. Analysts cited expectations for a faster Fed hike path, a stronger dollar near 13-month highs, and lower inflation expectations as key pressures.