Gold Falls Below $4,000 an Ounce; Vietnam Dong Equivalent Declines
Spot gold closed at $3,989.1 an ounce on November 11, falling below $4,000. Higher-than-expected U.S. inflation strengthened expectations of a Federal Reserve rate increase in December. At Vietcombank’s selling exchange rate, gold was worth about 124 million Vietnamese dong per tael on the morning of November 12.
