World gold prices increase sharply, any decrease is a buying opportunity
Gold prices continue to hold above $3,300/ounce. However, Thorsten Polleit - Distinguished Professor of Economics at Bayreuth University and publisher of the Boom & Bust Report said that he did not rule out the possibility of gold having further adjustments.
He noted that gold is still caught amid growing concerns about the risk of an upcoming recession and a relatively sustainable US economy and labor market.
Any short-term economic improvement or announcement of new trade deals could push gold prices down to $3,000/ounce.
However, he emphasized that any short-term price decline should be viewed as a buying opportunity, as the long-term upside potential of gold remains firm.
He said gold prices could rise as investors begin to lose confidence in US government bonds due to unsustainable public debt levels. See more...
Welcoming the summer of 2025, Can Tho businesses transform with green tourism
Securities enter the adjustment phase
After a quite impressive recovery, the stock market is gradually slowing down as the VN-Index approaches the strong resistance zone of 1,320 - 1,340 points. Increased cautious sentiment, along with profit-taking pressure in many stock groups, has caused the market to show signs of adjustment.
Many experts predict that the stock market may adjust in the coming trading week when short-term risks increase and indices are facing strong resistance, especially the market's increase has strongly differentiated in the past week and mainly focused on a few large-cap stocks.
The recent upward momentum is mainly based on large-cap stocks, while cash flow has not spread much to the mid/small-cap group, which makes market sentiment susceptible to fluctuations and caution. See more...
Binh Thuan dragon fruit prices drop sharply, gardeners are in trouble
On May 25, following traders buying dragon fruit in gardens in Ham Thuan Nam district, Binh Thuan province, reporters recorded a sharp decrease in dragon fruit prices. White-fleshed dragon fruit is purchased by traders in the garden with beautiful large fruits, exported at about 3,000 VND/kg.
Meanwhile, dragon fruit (lower in size and color than exported) is purchased at about 1,500 VND/kg. Warded dragon fruit (low quality), but traders do not buy. Meanwhile, red-fleshed dragon fruit is purchased at the highest price of about 7,000 VND/kg.
This is the end of the monsoon season, the beginning of the season, but the price of dragon fruit has dropped sharply. With this price, gardeners are struggling due to heavy losses in production costs. See more...
