# Domestic gold prices move in step with the world, while the USD moves in the opposite direction

> Vietnam's statistics office reported that its gold price index fell 2.85% in October from September. World gold averaged $4,137.85 per ounce in October, down 6.69% month on month, as a stronger dollar, high bond yields and profit-taking weighed on prices. The domestic dollar price index fell 0.26% over the same month.

- Date: 2026-11-03 · published 2026-11-03T12:10:40.371Z
- Category: report · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/77572-domestic-gold-prices-move-in-step-with-the-world-while-the-usd-moves-in-the
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A firmer international dollar, driven by expectations of further Fed tightening, raises the cost of dollar-priced feed imports for Vietnamese buyers. The domestic dollar's softer move suggests limited pressure on local feed costs.

## Read by commodity

- USDVND: neutral

## Sources

- baomoi.com: https://baomoi.com/gia-vang-trong-nuoc-tang-giam-cung-chieu-voi-the-gioi-usd-bien-dong-nguoc-chieu-c56420524.epi

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