24h Economy: Gold prices increase, people line up to buy

Phương Anh |

Gold prices increase, people line up to buy; Coffee prices increase sharply; Securities maintain an upward trend... are notable economic news in the past 24 hours.

Rain team lends to buy gold rings despite high prices

Recorded by Lao Dong reporter on March 12, the price of gold bars and plain rings was adjusted up by brands. Despite bad weather, many people still choose to queue in front of gold shops to wait to buy.

However, buying gold rings at this time is still difficult. Many people have to queue up early to wait to buy because the stores limit the quantity of gold rings sold and do not announce specific opening hours.

Ngay 12.3, nhieu nguoi chap nhan doi mua, xep hang truoc cua hang vang bac da quy tai Ha Noi cho mua nhan. Anh: Phuong Anh
On March 12, the price of gold rings increased, many people accepted to wear a raincoat waiting to buy. Photo: Phuong Anh

Ms. Nguyen Phuong Mai (Dong Da District) - a customer who came to buy gold rings at a store on Tran Nhan Tong Street (Hanoi) - said: "The price of gold has increased slightly compared to a few days ago, I want to buy 1 tael of ring. However, there were many people lining up in front of me, so I still had to wait. See more...

Growing watermelon instead of rice brings income in the dry season

Abandoning rice to grow watermelon in the dry season helps farmers ensure income and reduce damage caused by drought and salinity intrusion. Video: Phuong Anh

Coffee prices increase sharply

On March 12, the domestic coffee market recorded an increase of 2,000 - 2,700 VND/kg. The purchase price in the areas is as follows:

Dak Lak, Dak Nong: 134,000 VND/kg (+2,700 VND)

Lam Dong: 132,500 VND/kg (+2,000 VND)

Gia Lai: 133,800 VND/kg (+2,500 VND)

This increase has helped domestic coffee prices recover after a period of recent fluctuations.

Ngay 12.3, gia ca phe trong nuoc tang 2.000 - 2.700 dong/kg. Anh: Thanh Tuan
On March 12, domestic coffee prices increased by 2,000 - 2,700 VND/kg. Photo: Thanh Tuan

On the London Stock Exchange, Robusta prices increased sharply:

5th term: 5,552 USD/ton (+177 USD, equivalent to +3.29%)

September term: 5,513 USD/ton (+171 USD, equivalent to +3.2%). See more....

Securities maintain impressive increase streak

In the trading session on March 12, there were many times when strong selling pressure put pressure on the market, especially in the VN30 group of stocks.

The VN-Index has also suffered strong fluctuations, sometimes even being pushed below the reference level. However, investor sentiment has not been shaken, thereby helping the market stand firm and transactions also take place vibrantly.

At the end of the trading session, the VN-Index increased slightly by 1.87 points to 1,334.41 points. The total trading volume reached 942 million units, worth VND 21,937 billion. Of which, the agreement transaction contributed 90.8 million units, worth VND 2,388.5 billion.

Thi truong chung khoan dang co chuoi ngay giao dich kha an tuong. Anh: Le Toan
The stock market is having a series of quite impressive trading days. Photo: Le Toan

Foreign transactions were a minus point when they sold suddenly net at VND925 billion in the session on March 12.

On HoSE, foreign investors net sold approximately VND836 billion. FPT shares were net sold the most by foreign investors in the whole market with a value of VND 298 billion. In contrast, VHM shares were net bought strongly with a value of 151 billion VND. See more...

Phương Anh
TIN LIÊN QUAN

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Rain team lends to buy gold rings despite high prices

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Updated gold price at the end of session 12.3: Breaking the peak of 94 million VND

Phan Anh (Theo Kitco) |

Updated gold price at the end of session 12.3: Domestic gold increased. Plain gold rings broke the 94 million VND/tael mark.

Rain team lends to buy gold rings despite high prices

Phương Anh |

Today (March 12), the domestic price of plain round gold rings continues to increase. In Hanoi, many people flock to gold shops to buy.

24h Economy: Gold price drops, growth momentum remains solid

Phương Anh |

Gold prices have decreased, the momentum for increase is still solid; Pork prices in the North have turned down; Yen has steadily increased... are notable economic news in the past 24 hours.