# Gold prices soar, dollars fall

> Spot gold rose more than 2.5 percent to about US$1,686.6 per ounce on Friday, and Vietnamese dollar rates eased slightly at commercial banks. Analysts linked the gold rally to the US Federal Reserve's large coronavirus stimulus announcement.

- Date: 2020-04-10 · published 2020-04-10T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/53918-gold-prices-soar-dollars-fall
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The story concerns gold and the Vietnamese dong, with little direct effect on feed commodity supply, demand or prices.

## Read by commodity

- USDVND: bearish ▼

## Sources

- vietnamnews.vn: https://vietnamnews.vn/economy/695011/gold-prices-soar-dollars-fall.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.