24h Economy: Gold price remains high, experts warn of possible adjustment

Phương Anh |

Gold prices are anchored high, experts warn of the possibility of regulation; Prices drop, Quang Ngai farmers lose crops... are notable economic news in the past 24 hours.

Gold price remains high, experts warn of possible adjustment

The commodity research group of Bank of America (BofA) is one of the first units to forecast the gold price target of 4,000 USD/ounce since the beginning of this year, saying that as long as investment demand increases slightly, gold can reach this level.

Mot trong nhung nha dau tu lac quan nhat ve gia vang tren Pho Wall bat dau to ra than trong hon khi gia kim loai quy tien gan moc 4.000 USD/ounce. Anh: Hai Nguyen
One of the most optimistic investors about gold prices on Wall Street is starting to show more caution as the precious metal price approaches the $4,000/ounce mark. Photo: Hai Nguyen

However, as the target is gradually becoming a reality, BofA technical analyst Paul Ciana said that gold prices have reached most of their upside potential and are showing signs of overbought.

He said: "Many technical signals on different time frames suggest that gold's rally may be wearing down as it approaches the $4,000/ounce mark. If correct, it is likely that in the fourth quarter, there will be a period of sideways or adjustment". See more...

Reckless price drop, Quang Ngai farmers suffer harvest

Quang Ngai province currently has more than 2,000 hectares of areca trees. At this time last year, the price of fresh areca nuts ranged from 80,000 to 85,000 VND/kg and remained high for 6 months.

However, this year the price of areca nuts has decreased sharply, to only about 10,000 VND/kg. Despite the low price, traders still only choose to buy long, beautiful areca nuts. Round areca - which accounts for a large proportion - can only be bought for 2,000 VND/kg, and some places even have no one to buy.

Nhung qua cau duoc thuong lai cho la kem chat luong, chi duoc mua voi gia 2.000 dong/kg. Anh: Vien Nguyen
The areca nuts are considered by traders to be of poor quality and are only purchased for 2,000 VND/kg. Photo: Vien Nguyen

Ms. Nguyen Thi Bay, in Dinh Cuong commune, said that her garden has more than 300 areca trees bearing fruit. Last year, thanks to the high price of areca nuts, she earned more than 100 million VND. But this year, areca nuts have fallen in price and have been "squeezed" by traders because the shape of the fruit does not meet export standards, causing her and many other areca growers in Quang Ngai to suffer. See more...

Vietnam exceeds target of 11 million securities accounts 5 years earlier

Vietnam Securities Depository and Clearing Corporation (VSDC) has just announced data on the number of securities trading accounts (TKGD) of domestic and foreign investors in September 2025 and the third quarter of 2025 (on September 30, 2025).

According to statistics on VSDC's management system, the total number of domestic securities trading accounts reached 10,994,603 accounts. Of which, individual investors account for 10,975,831 accounts, while institutional investors have 18,772 accounts.

Thi truong chung khoan Viet Nam co hon 11 trieu tai khoan. Anh: Le Toan
The Vietnamese stock market has more than 11 million accounts. Photo: Le Toan

For foreign investors, the total number of transaction accounts reached 49,322 accounts, including 44,598 personal accounts and 4,724 institutional accounts.

As of September 30, 2025, the total Vietnamese stock market system recorded 11,043,925 trading accounts (both domestic and foreign). See more...

The Ministry of Industry and Trade accelerates the disbursement of public investment capital

According to information from the Ministry of Industry and Trade on October 7, from the beginning of 2025 to now, the Ministry of Industry and Trade has strongly and closely directed the disbursement of public investment capital and issued many documents directing the acceleration of disbursement of public investment capital. However, according to the report, as of the end of August, the disbursement rate has not yet met requirements compared to the assigned plan.

Tinh den cuoi thang 8, ti le giai ngan von dau tu cong cua Bo Cong Thuong van chua dat yeu cau so voi ke hoach duoc giao. Anh: Bo Cong Thuong
As of the end of August, the disbursement rate of public investment capital of the Ministry of Industry and Trade has not yet met requirements compared to the assigned plan. Photo: Ministry of Industry and Trade

Implementing the Prime Minister's Official Dispatch No. 169/CD-TTg dated September 21, 2025 on key tasks and solutions to promote public investment disbursement and complete the target of 100% disbursement of the public investment capital plan in 2025, the Ministry of Industry and Trade requires investors to focus on leading, directing, organizing drastic, flexible and effective implementation, considering this a top important political task. See more...

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