Gold Price Forecast
Gold price update morning of August 9th: Domestic gold recovers to 144 million VND/tael
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Gold price update on the morning of August 9th maintained its upward momentum, SJC gold bars rose to 144 million VND/tael, while the market was supported by expectations that the Fed would tighten less.
Gold price update at the 8th of August: Bright prospects
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Gold price update closing session August 8: After a week of strong increase, gold prices are receiving positive forecasts from many Wall Street experts.
Gold prices increase by nearly 300 USD/ounce, closing the most positive week since the beginning of the year
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After about two months of sideways movement and many times testing the support zone of 4,000 USD/ounce, gold prices have broken through strongly, closing the most positive trading week since the beginning of the year.
Domestic gold prices increase slower than world prices, gap between two markets widens sharply
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World gold prices increased by nearly 300 USD/ounce in a week, while domestic gold only increased slightly, sharply narrowing the gap between the two markets.
Gold prices surge after a week, buyers still lose up to 1.2 million VND/tael
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Domestic gold prices increased after a week, but the high buying - selling difference caused buyers to only break even or still lose up to 1.2 million VND/tael.
Experts predict unexpected gold prices next week
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After a week of strong price increases, many Wall Street experts predict that gold prices next week may continue to increase.
Gold price today 8.8: Gold rings increase by 1.8 million VND/tael
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Gold price today 8.8: Simultaneously increases. Domestic gold increases by 1 million to 1.8 million VND/tael.
Gold prices rise after US jobs report
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Gold prices rose 2.67% after disappointing US jobs data, pulling bond yields down and weakening expectations of the US Federal Reserve (Fed) raising interest rates.
Gold price update morning 8.8: Continues to increase
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Gold price update morning of August 8th: World gold continues to increase sharply after surpassing the threshold of 4,300 USD/ounce.
Gold prices break through, silver and platinum accelerate
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Gold prices rose more than 1%, heading for their strongest weekly increase since the beginning of the year as oil prices cooled down, before the US released jobs data.
Gold price update closing session August 7th: World price increases above 4,300 USD/ounce, domestic fluctuation
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Gold price update at the close of the 7th session August: World gold increased by more than 4,300 USD/ounce. Domestically, business units adjusted upwards and downwards in opposite directions.
Gold prices fluctuate, focus on the Fed
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Gold prices fluctuate in a narrow range as the market waits for more signals about Fed interest rates and the strength of the USD.
World 24h: Gold price forecast likely to reach 5,000 USD/ounce
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Latest world news 7.8: UBS forecasts gold prices to reach the 5,000 USD/ounce mark; SpaceX rocket fragment hits the Moon after more than 1 year of drifting...
Many factors prevent the strong increase in gold prices
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Gold prices turned down, losing the 4,300 USD/ounce mark as oil prices, bond yields and the USD went up together, putting pressure on the precious metal.
UBS forecasts gold prices to reach the 5,000 USD/ounce mark
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UBS believes that the upward momentum of gold prices is still supported by real interest rates, the USD, diversification demand and central bank buying activities.
