Money & Investing

Gold price update closing session May 3: Domestic gold buyers suffer heavy losses

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Gold price update closing session May 3: Domestic investors suffer heavy losses after a week of spending.

Gold prices are forecast to approach the 5,000 USD/ounce mark

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Gold prices are forecast by many Wall Street experts to increase next week, after a strong correction, as geopolitical tensions and cash flow support the market.

Many people are still waiting to buy gold rings, stores sell unlimitedly

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At the weekend, gold prices are stable, in Hanoi, people are still waiting to buy gold rings. Transactions are bustling but cool down, stores sell according to demand, return gold immediately.

6-month savings interest rate is currently highest at 8.5%

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The 6-month savings interest rate in the banking system currently applied is the highest at 8.5%/year.

Silver price fluctuation 3.5: Deep drop after a week

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Silver price fluctuation 3. 5: Silver prices fell sharply last week due to high interest rates putting pressure, while concerns about Fed policy caused the market to fluctuate unpredictably.