Gold prices soar, many people continue to hunt to buy
Recorded by Lao Dong reporter on March 1, the domestic price of plain round gold rings suddenly reversed and increased. In Hanoi, many people are still flocking to gold shops to buy gold rings.
Ms. Nguyen Thuy Linh (Cau Giay District) - a customer who came to buy gold rings at a store on Cau Giay Street (Hanoi) - said: "The price of gold is increasing slightly compared to a few days ago, I planned to buy 1 tael of ring.
Currently, the shop has announced a maximum of 2 taels of gold per person. However, there were many people lining up in front of me, so I still had to wait.
Similarly, Mr. Pham Van Luan (Bac Tu Liem district, Hanoi) also said that buying gold rings at this time is very difficult.
"Buying gold rings at this time is very difficult because the number of people who want to buy them is too large. I arrived at 10:30 am, and it has been more than an hour since I was able to get into the transaction. Because I was afraid that the gold price would increase further, I would still try to wait a long time today" - Mr. Luan said. See more...
The secret to the hot density of MST Soc Trang pink plums
Yen has just reached its peak and turned down
The Japanese Yen (JPY) has fluctuated strongly over the past week, continuously increasing in price at the beginning of the week before decreasing slightly at the end of the week.
The Yen opened the week with impressive gains, reaching a 5-month high against the USD, thanks to strong economic data from Japan, including a higher-than-expected inflation report and impressive Q4 GDP growth. This raises expectations that the Bank of Japan (BoJ) may soon raise interest rates, boosting the strength of the Yen.
However, the increase did not last long as BoJ Governor - Kazuo Ueda - signaled his readiness to intervene in the bond market if yields increased too quickly. This caused Japanese bond yields to decrease slightly and the Yen lost its upward momentum. See more...
Before the main crop, durian prices have dropped sharply
These days, Mr. Pham Vania - a member of the Fruit Production Cooperative of Nhon Tho 1A Hamlet (Phong Dien District, Can Tho City) - is actively taking care of Ri6 durian garden to harvest fruit in late April this year.
In addition to the increased production costs due to the impact of bad weather, Mr.ia is also worried about the output of durian when prices are falling sharply compared to the same time last year.
"Buying power and selling prices this year are relatively low. If a few years ago, early- harvest durian was often priced high, such as last year up to 110,000 - 120,000 VND/kg, this year it has decreased by nearly half. This made me very worried. Hopefully, when the harvest comes, the price of durian will not continue to decrease so that farmers can conveniently consume and make a good profit" - Mr.ia shared. See more...
