24h Economy: Gold price increases, people rush to buy gold rings

Phương Anh |

Gold prices increase, people rush to buy gold rings; The Yen is likely to create a new price record... are notable economic news in the past 24 hours.

Gold price increases, people rush to buy gold rings

According to Lao Dong, after the September 2 holiday, many people went to large gold and silver stores in Ho Chi Minh City to trade. At most stores, selling pressure still dominates buying pressure.

Many gold shops no longer have gold bars, gold rings are only 5 taels - 1 tael, each person can only buy a maximum of 1 tael of gold ring.

Nhu cau mua vang cua nguoi dan TPHCM van o muc cao. Anh: Ha May
Gold prices have increased, the demand for gold of Ho Chi Minh City people is still high. Photo: Ha May

At the SJC center, the number of customers is quite busy, but in the area where customers sell is sparse, most of the customers come to buy. At 11am, many people were still lining up waiting for their turn to trade.

Ms. Nguyen Hoai Thuong (residing in Hanh Thong ward) said: "It is quite difficult to buy gold bars at this time, so I took the opportunity to buy 1 tael of gold rings to store. After the holidays, prices often fluctuate, so I want to buy early to avoid risks. See more...

List of 12 business owners in Thanh Hoa who will be temporarily suspended from exiting the country due to tax debts

On September 3, Thanh Hoa Provincial Tax Department said that on August 29, Thanh Hoa Provincial Tax Department issued 12 notices on the application of temporary suspension of exit measures for 12 legal representatives of many tax-deading enterprises if after 30 days from the date of notification they have not fulfilled their tax payment obligations as prescribed.

Thue tinh Thanh Hoa thuong xuyen co cac thong bao ve viec tam hoan xuat canh doi voi chu doanh nghiep con no thue. Anh: X.H
Thanh Hoa Provincial Tax Department often has notices of temporary suspension of exit for business owners who still owe taxes. Photo: X.H

Among them, there are Mr. Pham Trung Thu (born August 16, 1977, residing in Kim Son village, Ha Trung commune) - representative of Xuan Thu Construction and Trading Investment Joint Stock Company; Ms. Hoang Thi Tuyet (born October 20, 1987, residing in Hong Ky residential group, Ngoc Son ward) - Director of Tuyet Hoang Company Limited;

Mr. Luu Van Tuan (born on January 24, 1991, residing in Thanh Oai village, Dong Son ward) Director of Tuan Binh Investment and Construction Joint Stock Company. See more...

Yen is likely to create a new price record

According to Lao Dong, on September 3, the Japanese Yen (JPY) continued to weaken and just hit a one-month low against the US Dollar (USD).

Dong Yen cham day mot thang do bat on chinh tri va BoJ than trong, trong khi USD giu vung da tang. Anh: Phuong Anh
The Yen hit a one-month low due to political instability and cautious BoJ, while the USD maintained its upward momentum. Photo: Phuong Anh

Despite a technical recovery in the Asian session, the overall trend of the Yen is still negative, reflecting the domestic political context of instability and the absence of strong signals from the Bank of Japan (BoJ).

One of the main reasons for the Yen's pressure is the statement of BoJ Deputy Governor Ryozo Himino on September 2. See more...

Foreign investors are still tirelessly selling, stocks are under psychological pressure

The market had a fairly positive trading session with the number of codes dominating the price increase, especially the group of small and medium-sized real estate stocks. However, the pressure from pillar codes prevented the VN-Index from turning green.

Thi truong chung khoan chua lay lai da tang diem khi ap luc chot loi con hien huu. Anh: Le Toan
The stock market has not regained its upward momentum as profit-taking pressure still exists. Photo: Le Toan

At the end of the trading session on September 3, the VN-Index decreased slightly by 0.91 points to 1,681.3 points. The value of matched orders on HoSE reached VND35,500 billion.

Foreign transactions continued to be a minus point when they sold a whopping VND2,939 billion in the whole market. On HoSE alone, foreign investors net sold about VND2,885 billion. See more...

Phương Anh
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