Despite decline, gold prices still have room to increase in an unstable environment
According to Kitco, the gold market is fluctuating strongly as gold buying and selling activities based on price differences between markets - which have brought profits for many months now - are ending due to changes in tax policies.
As the North American market opened, gold prices fell 2% on the day. However, prices have recovered and are now stable.
After weeks of uncertainty, US President Donald Trump has announced global import tariffs, but not applied to precious metals such as gold, as well as copper, steel and aluminum - which has caused increased gold reserves at warehouses in New York to no longer have strategic value.
Although gold may still face profit-taking pressure in the short term as investors reassess the new tariff picture, some experts believe that this precious metal is still strongly supported. See more...
Hunting for preferential price tours at Ho Chi Minh City Tourism Festival
Vietnam prepares carefully to negotiate with the US on counterpart tariffs
In the afternoon of 4.4, exchanging with the press at the regular press conference in the first quarter of 2025 about the information that the Vietnamese delegation will go to the US to negotiate next week, Deputy Minister of Industry and Trade Nguyen Birthday Tan said that the delegation will be accompanied by Deputy Prime Minister Ho Duc Phoc, along with representatives of many ministries, branches and businesses.
"Preparations for negotiations are ready, in the spirit of having immediate exchanges when meeting with trade partners. This morning, when discussing with Deputy Minister of Finance Nguyen Duc Chi, the two sides were ready with implementation and coordination plans.
To negotiate with the US, it will not be the matter of just one ministry or branch but it will require the coordination of many different ministries and branches. Vietnam's consistent policy is to diversify the market, "enever leave an entire basket" even in investment" - Deputy Minister Nhat Tan said. See more...
Securities recover spectacularly, VN-Index regains 1,200 point mark
The trading session on April 4 was a trading session that brought many emotions to investors. The market opened in red, VN-Index lost another 72 points after the previous record decline. However, the massive cash flow pouring into the bottom has dragged a series of stocks off the stock exchange, even some stocks reversed and regained their green color.
VN-Index closed on April 4 down only by 19.17 points (1.56%), closing at 1,210.67 points. Meanwhile, VN30 is also close for reference. HNX-Index also significantly narrowed the decline while UPCoM-Index even reversed and increased again.
Expected trading pushed market liquidity to a record high. The trading volume on HoSE reached nearly 2 billion shares, the corresponding matched value reached nearly VND40,000 billion, the highest in history. Cash flow mainly comes from domestic investors while foreign investors continue to sell strongly for more than VND 2,800 billion. See more...
