Experts make cautious predictions about gold prices this week
Last week, a survey by Kitco News with 14 experts showed that 71%, (10 people) predicted gold prices would increase, with 14% (2 people) saying prices would decrease and the remaining 14% saying that gold would go sideways.
This week, the latest survey with 17 experts shows that optimism on Wall Street is showing signs of being contained. Only 53% (9 people) predict gold prices will increase. The percentage of experts who believe that prices will decrease and go sideways will reach 24% (4 people per group).
This change shows that the level of optimism has decreased compared to last week, when optimism dominated with more than 70% of the price increase forecast, and now analysts are more cautious in their assessment of the trend of the precious metal. See more...
Pork prices continue to increase, approaching the 80,000 VND/kg mark
On February 24, in the North, the price of live pigs remained stable, fluctuating between 71,000 - 73,000 VND/kg. Provinces such as Bac Giang, Hanoi, Hung Yen, Hai Duong and Thai Binh recorded the highest prices in the region, reaching 73,000 VND/kg.
The Central - Central Highlands region witnessed a slight increase in the price of live pigs, with Lam Dong and Binh Thuan reaching 77,000 VND/kg, while Dak Lak and Ninh Thuan were at 75,000 VND/kg. Other localities in the region maintain purchasing prices from 71,000 - 75,000 VND/kg. See more...
Phuc Tho land auction up to nearly 50 million VND/m2, investors regret leaving
Salty prices have decreased by half, farmers want to switch to growing coconuts
For more than a year, many farmers in Duc My commune, Cang Long district, Tra Vinh province have been facing a decrease in the selling price of sliced trees by about 50%, greatly affecting their income.
As a sliced farmer for more than 20 years in Duc My commune, Ms. Tran Thi Lien said that slices are the main source of income for her family. Previously, each slice she earned about 40 - 50 million VND/1,000m2. But since the beginning of 2024, this source of income has decreased by more than half, causing difficulties for her family.
To earn more income, Ms. Lien's family regretfully converted part of the land to growing coconuts. "Although coconut trees can help the economy somewhat, we hope that the price of sliced trees will soon improve. This not only helps my family stabilize our lives but also helps many other farmers overcome difficulties," Ms. Lien shared.
Similarly, Ms. Thai Thi Be Hai said that her family's sliced growing area is only about 3,000 square meters, so switching to other crops is very difficult. See more...
