Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Vietnamese Gold Prices Slide as USD Strengthens and US Monetary Policy Tightens

Guavy AI Editorial Team
Instruments
Gold
Share

Gold prices in Vietnam were under downward pressure on August 29th, according to Laodong.vn. The price of 9999 Tich Tai Gold Ring, listed by Ancarat, was between 147-150 million VND/tael (buying - selling), down 1.2 million VND/tael in both directions.

Phu Quy Jewelry Group listed the price of gold rings at the threshold of 147.2-150.2 million VND/tael, an increase of 200,000 VND/tael in both buying and selling directions.

The strengthening USD is also becoming a significant drag on gold prices. After Fed Chairman Kevin Warsh's speech at the Jackson Hole conference, many major currencies weakened against the USD, while the yields of US 2-year-term bonds increased sharply.

More on Commodities

Commodities 3m ago

Wheat Prices Soar 30% Amid Ongoing Conflict in Black Sea Region

Commodities 3m ago

Russia Grapples with Grain Export Crisis Amid Ukraine Conflict

Commodities 4m ago

Gold Prices Stable Ahead of Warsh's Jackson Hole Speech

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy