24h Economy: Gold prices increase sharply as investors seek shelter assets

Phương Anh |

Gold prices increased sharply as investors sought shelter; Ho Chi Minh City is about to start construction of Metro Line 2... are notable economic news in the past 24 hours.

Investors shift to safe-haven assets, gold and silver prices increase

Gold prices surged despite traditional market rules, amid growing concerns about Donald Trump's tough trade policy.

This price increase clearly reflects the trend of investors looking for safe-haven assets in the context of policy instability overwhelming economic platforms that vonically support the market.

Gia vang va bac dong loat bat tang du dong USD manh len va du lieu viec lam My tich cuc. Anh: Phan Anh
Gold and silver prices both increased despite the stronger USD and positive US employment data. Photo: Phan Anh

Gold futures continued to recover for the second consecutive session, officially closing the previous 5-session streak of consecutive declines.

This rally is especially noteworthy as gold could rise even as the US dollar strengthens a relationship that often moves in the opposite direction. See more...

HCMC is about to start construction of Metro Line 2, expected to be operational by 2030

Ho Chi Minh City is preparing to start construction of Metro Line 2, more than 11 km long, after completing 100% of site clearance work, expected to be operational by the end of 2030. Video: PV Group

Silver price increases by 25% in the first half of 2025

According to the latest report from the silver Institute (SI), the cash flow into silver has increased sharply in the first half of 2025, amid geopolitical and economic instability, pushing the price of this metal to its highest level in the past 13 years.

The average price of silver in the first 6 months of the year increased by 25%, just slightly lower than the 26% increase in gold in the same period - the report stated.

Dau tu vao bac bung no trong nua dau nam 2025 nho gia kim loai quy nay tang cao. Anh do hoa: Phuong Anh
Investment in silver exploded in the first half of 2025 thanks to the high price of this precious metal. Graphic photo: Phuong Anh

Experts at SI say that the high gold- silwer price ratio in April and May makes silver seem to be undervaluable in the long term. At the same time, a more positive sentiment in the industrial metals group thanks to the resumption of trade negotiations between the US and China also contributed to supporting silver prices. See more...

Difficulty in managing functional food business on social networks

In the first 6 months of 2025, the whole province of Son La deployed 143 inspection teams to inspect and examine 627 food production, processing and trading establishments. However, the number of establishments fined is only 4, with a total fine of 17 million VND - a figure considered too modest compared to the actual violation.

At the same time, Son La province recorded 2 cases of food poisoning that caused many hospitalizations, including 1 death.

Luc luong chuc nang tinh Son La tien hanh kiem tra cac co so kinh doanh thuoc, thuc pham chuc nang tren dia ban. Anh: Minh Nguyen
Son La provincial authorities conduct inspections of drug and functional food businesses in the area. Photo: Minh Nguyen

According to Ms. Trang Thi Xuan - Vice Chairman of Son La Provincial People's Committee - food safety management is still overlapping and ineffective. The management model is not yet unified, and is scattered between three sectors: Health, Agriculture and Environment, and Industry and Trade. See more...

Phương Anh
TIN LIÊN QUAN

Updated gold price at the end of session 11.7: Continue to increase, highest in a week

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Updated gold price at the end of the session on September 11: World gold continued to record an increase in price, bringing the precious metal to the highest level last week.

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Updated gold price at the end of session 11.7: Continue to increase, highest in a week

Khương Duy |

Updated gold price at the end of the session on September 11: World gold continued to record an increase in price, bringing the precious metal to the highest level last week.

Gold prices fluctuate strongly, demand in Asia is gloomy

Thùy Linh |

Gold prices fluctuated strongly but were not enough to attract cash flow back to major markets in Asia.

24h Economy: Gold prices may increase sharply thanks to a new wave of public debt from the US

Phương Anh |

Gold prices may increase sharply thanks to a new wave of public debt from the US; Vingroup stocks help stocks continue to flourish... are notable economic news in the past 24 hours.