Business

Gold prices lose advantage as the market bets on Fed interest rate hikes

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Gold prices are under pressure as the market increases expectations of the Fed raising interest rates, although falling oil prices help limit the weakening momentum.

Tuyen Quang to have an industrial park worth over 850 billion VND soon

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Tuyen Quang - Approving the investment policy is an important step in the process of implementing the development plan of industrial parks in the area.

Update on gasoline and oil prices on June 18: Deep reduction

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Update on gasoline and oil prices on June 18: At 6:20 PM on June 18, world oil prices simultaneously fell sharply.

Gold price update at the closing session on June 18: Falling from 4,300 USD/ounce

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Gold price update at the closing session on June 18: World gold fell sharply below 4,300 USD/ounce, under pressure from the Fed's tough stance and the rising USD.

Lao Cai sets budget revenue record in the first 6 months of the year

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Lao Cai - With outstanding growth, the province is creating momentum to accelerate to realize the goal of becoming a growth pole and a regional trade connection center.

Gold price increases "crazy", buyers increase interest in just half a month

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Rapidly rising inflation to a three-decade high in the US has boosted gold prices to a breakout. In addition to the move from the US Federal Reserve, the precious metal is showing greater appeal than ever.

SJC gold price skyrockets to 59 million, black market USD price continues to stay high

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Foreign exchange rate today: Black market USD price is anchored high. SJC gold price increased deposit to a peak of 59 million VND/tael. World gold prices skyrocketed for 2 months due to concerns about high inflation.

"crazy" increase, Bitcoin cryptocurrency breaks record peak

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The world's two largest capitalization currencies, Bitcoin and Ethereum, simultaneously set new record peaks, respectively, at $68,121 and $4,700 in today's session.

Billionaire Bill Gates: Oil and gas will be a "petallian" stock for the next 30 years

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This was the opinion of billionaire Bill Gates at the COP26 climate summit. According to him, if investors are looking for a group of stocks that grow in the long term, oil and gas will be the wrong choice.

Black market USD price increases sharply, SJC gold price increases to reach the record peak of the year

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Foreign exchange rate today: Black market USD price increased sharply. SJC gold price at one point skyrocketed to VND59 million/tael, the highest level since the beginning of the year.

A series of banks keep interest rates unchanged, USD increases, gold prices rebound

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Foreign exchange rate today: Black market USD and world USD prices both increased after the central banks of major countries in the world simultaneously decided to keep interest rates unchanged. Domestic gold prices and world gold prices have a difference of approximately 10 million VND.

Billionaire Elon Musk could pocket $21 billion if he sells 10% of Tesla shares

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Billionaire Elon Musk, CEO of Tesla, asked the opinions of 62.5 million followers on Twitter about whether he should sell 10% of Tesla shares.

Gold prices "heatedly" increase, buyers make big profits in just one week

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World gold prices skyrocketed to 1,818 USD/ounce, officially breaking the resistance level of 1,800 USD. Gold prices grew strongly thanks to the positive developments of the three major central banks and the US October employment data.

Increased for 2 consecutive weeks, USD jumped high, gold prices regained their upward momentum

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Foreign exchange rate today: World USD price regains momentum while domestic black market USD price decreases. The gap between domestic gold prices and world gold prices is approximately 10 million VND.

Fed keeps Interest Rate unchanged, Black Market USD Soars, Gold Price Drops for 3 Weeks

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Foreign exchange rate today: Black market USD prices increased sharply, while the world USD decreased sharply when the Fed announced to keep interest rates unchanged and started to reduce the scale of the asset purchase program in November. Gold prices fell sharply, falling to a 3-week low.

High expectations for the Fed, high USD prices, gold prices under selling pressure

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Foreign exchange rate today: Black market USD price is anchored high as the market expects the Fed to soon tighten monetary policy. Gold prices today fell slightly as the USD increased.

Bitter taste of losing millions of USD to invest in cryptocurrency to eat "Squid Game"

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Millions of dollars "evaporated" just minutes after investors poured into a new cryptocurrency inspired by "Squid Game," a popular Netflix survival series. The currency heated up 2,800 times and immediately turned 0 in a few short hours.

What will determine whether gold prices will break out or plummet in the coming time?

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World gold prices started November with a positive recovery. Although supported by the USD, bond and oil price index, the focus of attention is on the new Fed decision, which is an important factor affecting gold prices this week.

Facebook changes Meta, cryptocurrency Mana buys virtual real estate suddenly skyrockets

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Mana is a little-known cryptocurrency used to buy and sell virtual real estate. The value of this cryptocurrency has increased dramatically after Facebook's brand name change to Meta.

High demand, black market USD prices soar, gold prices increase slightly

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Foreign exchange rate today: Black market USD price increased while world USD price showed signs of cooling down. Gold price increases ahead of Fed meeting