Gold Price Forecast
Gold prices increase for the fourth consecutive session, investors await new signals from the Fed
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World gold prices rose for the fourth consecutive session, to a 7-week high thanks to the weakening USD and expectations that the Fed will reduce pressure to raise interest rates.
Gold price update closing session August 6: Increased by more than 100 USD/ounce after one session
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Gold price update at the closing session on August 6th: World gold increased sharply by more than 100 USD/ounce after only one session. Domestically, gold increased by 900,000 VND to 1.5 million VND/tael.
World gold price today August 6th: Strong fluctuations in trading session
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World gold prices today August 6 remained at a high level after a sharp increase at the beginning of the session. By the afternoon session, the increase was narrowed.
Gold prices rise sharply, domestic and world price gap narrows
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World gold prices rose to a 7-week high, domestic gold bars also increased sharply, pulling the difference to about 5 million VND.
Series of supporting factors push world gold prices above 4,200 USD/ounce
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Gold prices rose sharply to a 6-week high as US economic data weakened, bond yields cooled down and the USD lost momentum.
Gold price today August 6th: Domestic gold increases by 2.3 million VND/tael
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Gold price today August 6th: Strong increase simultaneously. SJC gold bars and plain gold rings increased by 2 to 2.3 million VND/tael.
Gold price update morning of August 6th: Domestic gold may skyrocket
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Gold price update morning of August 6th: World gold prices increase by nearly 150 USD/ounce; if the above increase is maintained, the domestic gold market may rebound in the new session.
Gold price update closing session 5.8: Gold rings, gold bars all increase
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Gold price update closing session 5.8: World gold prices surge. Domestic prices increase from 1 to 1.3 million VND/tael.
Gold prices increase for the third consecutive session, precious metals simultaneously break through
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Gold prices maintained green for the third consecutive session, while investors focused their attention on new signals from the Fed.
World gold prices rise to one-month high
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World gold prices rose more than 2%, to a one-month high as the USD weakened, crude oil fell and expectations of the Fed raising interest rates cooled down.
Gold prices recover, South Korea launches long-term buying strategy
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South Korea launched a long-term gold buying strategy to diversify reserves amid signs of gold price recovery.
Gold prices rise, cash flow returns to the precious metals market
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Gold prices extended their upward momentum as expectations of the Fed tightening monetary policy decreased, leading to a simultaneous recovery of many precious metals.
Gold price today August 5th: Breakthrough, surpassing 4,100 USD/ounce
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Gold price today August 5th: Simultaneously increasing in today's trading session. World gold regains the threshold of 4,100 USD/ounce.
Gold prices rise as the US labor market shows signs of cooling down
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Weaker-than-forecast US job data has supported a sharp increase in gold prices, while the market continues to consider the possibility of the Federal Reserve adjusting interest rates.
Gold and foreign currency prices 5.8: Positive signs from gold
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Gold and foreign currency prices 5.8: Bao Tin Manh Hai, DOJI, PNJ gold brands all listed gold bars at 137.5 - 140.5 million VND/tael (buying - selling).
