Vietnam commodity markets: Fuel, gold, and coffee prices fluctuate

Vietnam commodity prices gasoline price adjustment gold market volatility coffee price decline energy market trends

Vietnam's commodity markets experienced significant volatility on October 22-23, 2026. Retail gasoline prices saw a notable decrease, with E10 RON 95 falling by over 1,800 VND/liter and E5 RON 92 dropping by 1,610 VND/liter. Conversely, diesel prices rose by 444 VND/liter. This shift follows a period of rising fuel costs and is influenced by global energy trends, including rising Brent crude prices due to Middle East tensions.

In the precious metals market, global gold prices plummeted toward the 4,000 USD/ounce mark, driven by rising energy costs fueling inflation fears and expectations of sustained high interest rates from the US Federal Reserve. Domestic gold prices in Vietnam showed mixed results; while SJC gold miếng remained relatively stable, some brands reported decreases in ring gold prices.

Agricultural commodities also saw movement. Domestic coffee prices in the Central Highlands continued a downward trend, dropping below 92,000 VND/kg. Meanwhile, the rubber market saw global prices decline on the TOCOM and SHFE exchanges, though domestic prices at major enterprises remained steady. Additionally, domestic pork prices experienced a widespread decline across northern, central, and southern provinces.

Entities

Bao Tin Minh Chau · Doji · Federal Reserve · PNJ · PVOIL · Petrolimex · SJC · Strait of Hormuz · Vietnam · Vietnam Ministry of Industry and Trade

Claims

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

[● 2 SOURCES] SJC ring gold prices decreased by 300,000 VND per tael to 137.4-140.9 million VND.
[● 3 SOURCES] Global gold prices were trading around 4,117 to 4,119 USD per ounce.
[● 2 SOURCES] Bao Tin Minh Chau ring gold prices fell by 500,000 VND per tael to 138.1-142.1 million VND.
[● 2 SOURCES] Gold price fluctuations are linked to tensions in the Strait of Hormuz.
[○ 1 SOURCE] Doji ring gold prices remained stable at 138.5-142.5 million VND.
[● 3 SOURCES] SJC gold bars were priced at 139.3 million VND (buy) and 142.3 million VND (sell) on October 21.