# Gold up, dollar down in unusual VN reaction

> The Federal Reserve raised its policy rate by 0.25 percentage points to 0.75-1%, and the Vietnamese dong strengthened against the dollar as the dollar index fell to a three-week low of 100.51. Domestic gold prices rose by VND150,000 per tael, the largest increase in ten days, tracking the global gold rally.

- Date: 2017-03-15 · published 2017-03-15T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/72285-gold-up-dollar-down-in-unusual-vn-reaction
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and firmer global gold prices lift the local gold price in Vietnam, while the dong's move has little direct effect on feed commodity prices.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-30 | [Gold rises on weaker U.S. dollar, soft inflation data](https://feedsoft.ai/events/18260-gold-rises-on-weaker-u-s-dollar-soft-inflation-data.md) | -1.2% | -1.9% |
| DXY | 2017-07-27 | [FOMC Deflates Dollar Inflates Oil And Gold - ActionForex](https://feedsoft.ai/events/69896-fomc-deflates-dollar-inflates-oil-and-gold-actionforex.md) | -0.6% | -0.5% |
| DXY | 2023-11-23 | [Gold up on weaker dollar as investors wait on Fed rate path](https://feedsoft.ai/events/33078-gold-up-on-weaker-dollar-as-investors-wait-on-fed-rate-path.md) | -0.4% | -1.1% |
| DXY | 2026-07-30 | [US Dollar: Real yields drive correction risk – ING — Octa](https://feedsoft.ai/events/18551-us-dollar-real-yields-drive-correction-risk-ing-octa.md) | -1.2% | -1.9% |
| DXY | 2020-07-29 | [US dollar breaking down, gold and the $A breaking up – what does it mean for investors? - Invest Blue](https://feedsoft.ai/events/52393-us-dollar-breaking-down-gold-and-the-a-breaking-up-what-does-it-mean-for.md) | +0.4% | -0.4% |

## Sources

- bizhub.vietnamnews.vn: https://bizhub.vietnamnews.vn/gold-up-dollar-down-in-unusual-vn-reaction-post284826.html

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