24h Economy: Gold price hits peak but may decrease

Phương Anh |

Gold prices hit a peak, with the risk of decreasing; Traders use smart speakers to support trading; VN-Index fluctuates in the short term... are notable economic news in the past 24 hours.

Gold price highest of all time, but at risk of falling

On March 18, 2025, world gold prices continued to set new peaks, breaking previous record prices; listed on Kitco around 3,015.6 USD/ounce.

In the latest research report released on Friday, Ole Hansen - Head of Commodity Strategy at Saxo Bank - said he would not be surprised if gold prices fell to $2,956/ounce, or even $2,930/ounce when investors took profits.

However, he also said that he sees any decline in the market as an opportunity to buy and emphasized the gold price target for 2025 of $3,300/ounce. Gold futures for April are trading near $3,006.50 an ounce.

Chuyen gia nhan dinh gia vang co nguy co giam trong ngan han khi cac nha dau tu chot loi. Anh minh hoa: Phuong Anh
Experts say gold prices are at risk of falling in the short term as investors take profits. Illustrative photo: Phuong Anh

Hansen noted that strong central bank demand, falling global interest rates and geopolitical instability are key factors driving gold's unprecedented rally from February 2024. See more...

Many traders use smart speakers to support business

Many traders prioritize the use of smart loudspeaker devices to read transaction fluctuations in their accounts, to support their business. Video: Ha Anh - Xuan Mai

VN-Index fluctuates in the short term, may reach 1,500 points in 2025

The Vietnamese stock market has had positive developments since the end of February 2025, especially after the VN-Index surpassed the important resistance level of 1,300 points in the trading session on February 24. After this milestone, the index maintained a positive increase, with liquidity improving significantly.

As of the trading session on March 18, the VN-Index stopped at 1,330.97 points, adjusting slightly after the first session of the week. In the overall trend, the market will have fluctuations and adjustments after a period of strong increase.

VN-Index ky vong vuot 1.500 diem trong nam nay. Anh: Hai Nguyen
VN-Index expects to surpass 1,500 points this year. Photo: Hai Nguyen

Commenting on the market outlook in the coming time, Mr. Tran Hoang Son - Director of Market Strategy, VPBank Securities Company (VPBankS) - said that the Top 10 securities companies all have a very positive view of the market this year. On average, the VN-Index is expected to reach 1,420 to 1,450 points by the end of 2025. However, Mr. Son noted that in the forecasts of some companies, the range of fluctuations is quite large due to the presence of macro-risk factors.

According to experts from VPBankS, market disruption from 2024 will continue to last until 2025, the positive time will last until the second half of the year. See more...

The market is fluctuating, farmers still go to their durian gardens

After the 2024 - 2025 winter-spring rice crop, Mr. Pham Thanh Phong (O Mon district, Can Tho city) decided to go ashore to grow durian. Ri6 is a durian variety chosen by Mr. Phong.

Du gia ca bien dong cung nhu thi truong Trung Quoc dang that chat cac tieu chi nhap khau nhung sau rieng van dang duoc nong dan trong moi. Anh: Han Nghien
Although prices are fluctuating and the Chinese market is tightening import criteria, durian is still being newly planted by farmers. Photo: Han Nghien

Mr. Phong gave the reason for abandoning durian rice cultivation in the context of the Chinese market tightening import criteria because he believed in the profits that this crop brought.

"Around me, many households have improved thanks to growing durian. Like last year, the high price of durian has brought them many profits. This year, durian prices have decreased but are generally still at an average level.

Meanwhile, the price of rice this year has fallen significantly compared to more than a year ago, so I decided to grow durian with the hope of finding a plant to help my family increase my income" - Mr. Phong shared. See more...

Phương Anh
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