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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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Spot gold was trading at $4,761 per ounce at 7:00 a.m., nearly unchanged from the previous close. Gold had risen nearly 1% in the prior session, supported by a weaker U.S. dollar that made the metal more attractive to buyers using other currencies.
“A weaker dollar has helped gold regain its footing, but the market remains cautious as investors try to understand the cease-fire agreement's implications,” said Bob Haberkorn, senior market strategist at RJO Futures. He added that while cease-fire news has created a positive outlook, prices have pulled back from recent highs as “cracks begin to appear.”
Haberkorn pointed to ongoing developments in the region, noting that Israel has bombed more targets in Lebanon, which Tehran says should be included in the cease-fire agreement. He also said there are no signs Iran has lifted the blockade of the Hormuz Strait.
Renewed conflict and a breakdown of negotiations could push energy prices and inflation higher, potentially leading the Federal Reserve to keep interest rates higher for longer. That would typically weigh on gold’s appeal as a non-yielding asset, although gold has historically been used as an inflation hedge.
Morgan Stanley said it expects gold to stabilise through Q2 before recovering later in the year. The firm added that if rate hikes are avoided, gold is expected to rebound, and that resolving the conflict would also support prices by shifting focus back to currency depreciation concerns.
The market is awaiting U.S. CPI data for March, expected to be released on Friday. The Personal Consumption Expenditures (PCE) price index—described as the Fed’s preferred inflation gauge—rose 2.8% year over year for the 12 months to February, matching market expectations and likely to remain elevated in March.
In Vietnam, during the morning session on April 10, gold prices were flat versus the previous close as major players had not changed their price boards.

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