24h Economy: Gold price breaks peak, many people rush to sell

Phương Anh |

Gold prices increase, many people sell; Poultry prices remain stable; Attractive segment for real estate investment in 2025... are notable economic news in the past 24 hours.

Gold prices are too high, many people take advantage to sell

In an interview with Kitco News, Tobina Kahn, President of House of Kahn Estate Jewelers, said she continues to see a steady stream of customers starting to take notice of the gold rally as mainstream media also picks up on the development.

She added that until recently, most customers had no idea how much their unwanted jewelry was worth, but that view is starting to change.

“Most people don’t know the exact price of gold, but they are starting to see that it is fluctuating. Many are surprised to find out how much their grandmother’s anniversary bracelet is worth. About eight out of 10 customers come in and eventually decide to sell their jewelry when they know its true value,” she said.

Ba Kahn cho rang kho co dieu gi co the som ngan da tang cua vang trong thoi gian toi.
Ms. Kahn believes that it is difficult for anything to stop the gold price increase in the near future. Illustration photo: Phan Anh

Kahn believes that in the current environment, gold prices could easily reach $3,000 an ounce, so it's no surprise that some consumers are hesitant to sell their broken or unwanted jewelry right now. See more...

Before Valentine's Day, flower shops in Can Tho are continuously closing orders

To prepare for Valentine's Day, many shops in Can Tho City have imported large quantities of fresh flowers such as roses, sunflowers, hydrangeas, tulips, orchids... The flowers are displayed in attractive locations with slightly increased prices.

Cac cua hang chuan bi nhieu mau hoa tuoi de cung ung cho dip le Valentine. Anh: My Ly
Shops prepare many fresh flower samples to supply for Valentine's Day. Photo: My Ly

At Ms. Ngoc Linh's shop (Ninh Kieu district, Can Tho city), the prices of flowers, especially roses, increased by 5 - 10%. The reason is due to increased demand ahead of Valentine's Day. Accordingly, the price of domestic fresh flowers ranges from 200,000 - 400,000 VND/bunch, imported fresh flowers are at 350,000 - 600,000 VND/bunch. For samples from 600,000 VND/bunch or more, the shop only accepts packages when customers order in advance.

“Since the end of January, I have contacted units to order fresh flowers. In addition to domestic flowers, I also import foreign flowers such as roses, tulips, etc. to meet customer needs,” said Ms. Linh. See more...

Attractive segments for real estate investment in 2025

Vietnam's real estate market always has an irresistible appeal not only to domestic investors but also to foreign enterprises. Video: PV Group

Poultry prices remain stable nationwide

Vietnam's poultry market remained stable on February 11. The average price for chicken nationwide was 49,900 VND/kg; for duck it was 27,000 VND/kg.

The North recorded duck prices at 28,000 VND/kg, sugarcane chicken prices ranged from 68,000 - 69,000 VND/kg, and crossbred fighting chicken prices ranged from 40,000 - 41,000 VND/kg. The regional average for meat chickens was 40,100 VND/kg, and meat ducks were 28,000 VND/kg.

Ngay 11.2, gia thit gia cam toan quoc khong bien dong. Anh: Phuong Anh
On February 11, poultry meat prices nationwide remained unchanged. Photo: Phuong Anh

In the Central region, the price of chicken ranges from 40,000 - 44,000 VND/kg; the price of duck ranges from 22,000 - 31,000 VND/kg... Some provinces have the same duck price of 29,000 VND/kg such as Quang Binh, Quang Tri, Quang Ngai. See more...

Phương Anh
TIN LIÊN QUAN

Update on the closing price of gold on February 11: Reversal and plummeting

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Update on the closing price of gold on February 11: Reversal and plummeting

Phan Anh (Theo Kitco) |

Update on the closing price of gold on February 11: After a sharp increase at the beginning of the session, domestic gold prices plummeted in this afternoon's trading session.

Price of gold rings, gold bars soared, close to the new peak

Phan Anh |

Gold price is recognizing the momentum. However, the difference in buying and selling is still at high levels, potentially at risk of losses.

24h economics: record gold price, what is happening

Phương Anh |

The price of gold breaks the new peak; Consider the time of investing in Hoai Duc land to close large profits; The price of live hog nationwide increases ... are the notable economic news 24 hours over the past.