Gold price is said to be approaching the 4,000 USD/ounce mark
Gold prices have surged to a one-month high, surpassing $3,400 an ounce on Thursday, supported by a persistent weakness of the US dollar.
Analysts at Bank of America expect this rally to continue, maintaining their forecast that the precious metal will reach $4,000/ounce in the first half of 2026.
In a report published last week, the bank said that falling interest rates and a weaker US dollar will be the foundation to support gold's rally.
Interest rate cuts amid rising inflation create fertile conditions for the weakening of the USD. Cutting interest rates in an inflationary environment that remains high is likely to push the precious metal higher," the analysts wrote. See more...
Purchasing power increases sharply, traditional markets and supermarkets in Can Tho proactively stabilize prices during the September 2 holiday
Before the September 2 holiday, the preparation of goods at supermarkets and traditional markets in Can Tho City became more vibrant.
Recorded at Co.op Mart Can Tho supermarket, the stalls and shelves are fully displayed, diverse in types and product designs, ready to meet customer needs.
Ms. Dang Ngoc Uyen Phuong - Deputy Director of Co.op Mart Can Tho supermarket - informed that according to the unit's forecast, during the September 2 holiday, customers' shopping needs will increase by 50% or more during peak days.
To ensure adequate supply, we have proactively reserved increased goods compared to the same period, from fresh food to other sources of goods. In particular, the group of essential items was increased in large quantities. All officers and employees of the supermarket will not take a day off and will be ready to work overtime during peak hours, said Ms. Phuong. See more...
Saigon Ward Tourism in Ho Chi Minh City is on the rise with both ancient and modern experiences
October is bustling with stock market revenue
The last trading session of August witnessed a slight fluctuation in the market, especially in the last minutes of the afternoon session, when the VN-Index took a break and luck was pulled up from the red, closing in green.
At the end of the trading session on August 29, the VN-Index increased by 1.35 points (+0.08%), to 1,682.21 points. The total trading volume reached more than 1.52 billion units, worth VND 44,970.5 billion.
Contrary to the forecast of many experts on the possibility of adjusting down after a series of hot increases, with a score at the end of August 2025, the VN-Index had only four sessions of decline in the month, the rest increased and recorded a total increase of approximately 180 points, equivalent to +11.96%.
Liquidity recorded a record high month in the market. See more...
