Gold prices are falling today, October 4, 2026, with the market fluctuating; it's still too early to say whether the most difficult period is over.

GOLD PRICE TABLE TODAY OCTOBER 4, 2026 and EXCHANGE RATE TODAY OCTOBER 4, 2026

Gold price update for today, October 4, 2026

Domestic gold prices continue to fall.

At the close of trading on October 3rd, SJC gold prices remained in the red, with SJC, Bao Tin Minh Chau, and PNJ all lowering their prices, while DOJI remained unchanged. At Saigon Jewelry Company, SJC gold bars decreased by 600,000 VND/ounce in both buying and selling prices, falling to 140.5 million VND/ounce for buying and 143.5 million VND/ounce for selling.

Bao Tin Minh Chau lowered the price of gold by 400,000 VND/ounce for buying and 600,000 VND/ounce for selling, to 139.5 million VND/ounce for buying and 143.5 million VND/ounce for selling.

The DOJI system was one of the few places that remained stable, at 140.5 million VND/ounce for buying and 143.5 million VND/ounce for selling.

Gold rings followed the same trend. At SJC, the price of gold rings decreased by 600,000 VND/ounce for buying and 700,000 VND/ounce for selling, down to 140 million VND/ounce for buying and 143 million VND/ounce for selling.

World gold prices are in the red.

According to the World and Vietnam Newspaper , as of 4 PM on October 3rd, the world gold price on the Kitco exchange was at 4,139.8 - 4,141.8 USD/ounce, a decrease of 36.7 USD compared to the previous trading session.

Precious metal prices are under pressure from a strengthening US dollar, rising US Treasury yields, and inflation concerns fueled by high energy prices. Notably, in the final trading session of the week on October 2nd, gold prices reversed course and fell after initially rising more than 1%, despite weaker-than-expected US employment data, marking its second consecutive week of declines.

Gold prices rose more than 1% in early trading on October 2nd, after US employment data showed that the pace of job creation in September was significantly slower than expected. However, this upward momentum did not sustain as concerns about interest rate prospects and pressure from the bond market continued to dominate investor sentiment.

According to a report released by the US Department of Labor on October 2nd, the number of non-agricultural jobs in the US in September 2026 increased by only 29,000, significantly lower than the 133,000 increase in August (after downward revision) and the 90,000 increase forecast by economists.

These figures suggest that the US labor market is showing signs of weakening, reinforcing expectations that the Fed may pause interest rate hikes in October.

However, the outlook for monetary policy remains a factor putting pressure on gold prices. According to CME's FedWatch tool, the probability of the Fed raising interest rates in October has fallen to around 22%, compared to nearly 70% earlier this week. Even so, concerns about inflation and a tightening monetary policy direction continue to keep investors cautious.

Besides interest rate expectations, the US dollar and US Treasury yields continue to be unfavorable factors for gold. Although the US dollar fell slightly on October 2nd, it is still on track for a weekly gain.

Meanwhile, yields on 10-year and 30-year US Treasury bonds rose to their highest levels since 2002 on October 1st. Rising yields increase the opportunity cost of holding gold, a non-yielding asset, thereby reducing its attractiveness.

Gold prices are falling today, October 4, 2026, with the market fluctuating; it's still too early to say whether the most difficult period is over. (Image created by AI)

Updated prices for SJC gold bars and 99.99% pure gold rings at major domestic gold retailers at the close of trading on October 3rd:

Saigon Jewelry Company (SJC): SJC gold bars 141.1-144.1 million VND/ounce; SJC gold rings 140.6-143.6 million VND/ounce.

DOJI Group: SJC gold bars 141.1-144.1 million VND/ounce; 9999 gold rings (Hung Thinh Vuong brand) 140-144 million VND/ounce.

PNJ Group: SJC gold bars priced at 141.1-144.1 million VND/ounce; PNJ 999.9 plain round gold rings (Phuc Loc Tai) priced at 141.1-144.1 million VND/ounce.

The price of SJC gold bars at Bao Tin Minh Chau is listed at 141.3-144.3 million VND/ounce; the price of plain gold rings is 139.9-143.9 million VND/ounce.

The $4,200/ounce level remains a crucial pivot point.

Simon-Peter Massabni, Head of Business Development at XS.com, believes that the negative gold price performance indicates the market is still caught between a weakening economy and high bond yields and inflation.

He emphasized: “The US jobs report provided support for gold prices from a monetary policy perspective, but it is not yet enough to technically confirm that the broader uptrend is continuing. The big question for gold in the coming period is not simply whether the labor market is weakening, but whether that weakening is significant enough to push yields down, or whether inflation remains persistent enough to keep yields high.”

The slowdown in the job market has lowered market expectations that the Fed will cut interest rates later this month. However, economists note that even as the US labor market continues to weaken, the Fed remains particularly concerned about persistent inflation.

Meanwhile, Bill Adams, CEO and Chief Economist at Fifth Third Commercial Bank, argues that the disappointing September 2026 jobs report is not weak enough to cause the Fed to shift its focus away from inflation.

David Morrison, senior market analyst at Trade Nation, believes it's too early to say whether the most difficult period for gold is over.

"Pausing interest rate cuts this month doesn't mean the possibility of further cuts has been ruled out. Inflation still seems to be the main concern for the Fed, while the remaining task of ensuring maximum employment is likely to remain secondary at this time," he said.

Although he believes gold still has room for short-term volatility, Morrison predicts that the decline may be limited.

“I don’t think gold is too far from bottoming out again, similar to what happened this summer. If prices can’t generate enough momentum to recover against the strength of the USD, gold may have to retest the key support zone around $4,000. If that happens, gold will most likely enter a consolidation phase before potentially launching a strong rally,” he said.

Meanwhile, Lukman Otunuga, senior market analyst at FXTM, observes that gold has not yet lost its upward trend, although the price increase is being limited amid inflation and geopolitical uncertainties continuing to put pressure on interest rate prospects.

He said that the $4,200/ounce level will remain a key pivot point next week.