Gold markets stabilize as global prices hit 4,378 USD/ounce

gold prices Federal Reserve interest rates SJC gold market volatility

Gold markets experienced significant volatility following the Federal Reserve's decision to increase interest rates by 0.25 percentage points. While the rate hike typically exerts downward pressure on gold by strengthening the USD, global gold prices recovered to approximately 4,378 USD/ounce by September 20, 2026, supported by declining oil prices and easing bond yields.

In Vietnam, domestic gold prices remained stable on September 20. Major brands including SJC, DOJI, PNJ, and Phu Quy listed SJC gold bars at 144.6 million VND/tael for buying and 147.6 million VND/tael for selling. Despite a weekly increase in prices, the spread between buying and selling prices remained high, at 3 to 4 million VND/tael, impacting short-term investor returns.

Market analysts remain optimistic. A Kitco News survey indicated that 100% of surveyed Wall Street experts predict a continued upward trend for gold. Furthermore, UOB forecasts suggest gold could reach 5,100 USD/ounce by the second quarter of 2027. Conversely, Bank of America strategists warned that interest rates could potentially exceed 5% during this tightening cycle.

Entities

Bank of America · Doji · Federal Reserve · PNJ · Pinetree Securities · SJC · State Bank of Vietnam · UOB · Vietnam

Claims

What the coverage asserts, and how many sources carry each claim.

[● 8 SOURCES] Global gold prices were recorded at 4,378 USD/ounce on 20/9/2026. www.vietnamplus.vn · mekongasean.vn · htv.vn · kinhdoanhvaphattrien.vn · thoibaonganhang.vn
[○ 1 SOURCE] UOB predicts gold prices will reach 5,100 USD/ounce in Q2 2027. soha.vn
[○ 1 SOURCE] The State Bank of Vietnam announced the central exchange rate for USD at 25,637 VND on 20/9/2026.
[○ 1 SOURCE] Bank of America strategists warn that Fed interest rates could exceed 5% during the current tightening cycle. cafebiz.vn
[○ 1 SOURCE] The Vietnamese Dong (VND) has appreciated by approximately 1% against the USD since the start of the year.
[● 8 SOURCES] SJC gold prices in Vietnam were listed at 144.6 million VND/tael for buying and 147.6 million VND/tael for selling on 20/9/2026. mekongasean.vn · htv.vn · kinhdoanhvaphattrien.vn · www.vietnamplus.vn · vtv.vn
[● 4 SOURCES] 100% of Wall Street analysts surveyed by Kitco News predict gold prices will continue to rise. htv.vn
[○ 1 SOURCE] UOB predicts gold prices will reach 5,400 USD/ounce in Q3 2027. soha.vn
[● 8 SOURCES] The Federal Reserve (Fed) increased interest rates by 0.25 percentage points. mekongasean.vn · thoibaonganhang.vn · cafebiz.vn · tienphong.vn · www.vietnamplus.vn · +1 more