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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Gold prices fell in Friday trading after hotter-than-expected March inflation data reinforced expectations that the U.S. Federal Reserve will keep interest rates higher for longer. The SPDR Gold Trust, the world’s largest gold-backed ETF, was unchanged for the session, ending the week with a small net gain.
At the close, spot gold in New York fell by $18.30 to $4,749.20 per ounce, down 0.38% from the previous session’s close, according to Kitco data.
Spot silver rose $0.55 to $76.01 per ounce, up 0.73%.
On COMEX, June 2026 gold futures settled down 0.6% at $4,787.40 per ounce.
The session saw support for precious metals from a fragile ceasefire between the United States and Israel.
President Donald Trump announced on April 7 that attacks on Iran would be delayed for two weeks in exchange for Iran opening the Hormuz Strait. Since then, oil prices have fallen below $100 per barrel, helping ease global inflationary pressures.
Earlier, oil prices had surged above $100 due to Gulf region tensions, which had pressured gold and silver recently as fears grew that central banks would hold or raise rates to combat inflation.
At Friday’s close, Brent crude futures in London fell 0.8% to $95.20 per barrel, while WTI futures in New York were down 1.3% at $96.57 per barrel.
Oil fell as U.S. and Iranian officials prepared for peace talks brokered by Pakistan, expected in Islamabad over the weekend. Several areas of Islamabad were sealed on Friday to prepare for the talks. Shipping through the Hormuz Strait remained constrained, with no meaningful progress versus before the ceasefire.
“Buyers on the gold market are regaining momentum this week, as evidenced by higher daily lows, aided by the U.S.–Iran ceasefire. But gold may stay range-bound before reclaiming the $5,000/oz level. If it clears that level, the uptrend could resume,” said Tai Wong, a precious metals trader at High Ridge Futures.
Over the week, spot gold rose about 1.5%. The weekly close implies roughly VND 150.8 million per Vietnamese tael when converted using Vietcombank’s USD selling rate.
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