Money & Investing

While world gold prices are increasing, domestic gold is still being adjusted down by some business units. Photo: Phan Anh

Gold price update at the close of the session on August 11: World rebounds, domestic in opposite directions

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Gold price at the close of the session on August 11: While world gold increased by nearly 70 USD/ounce after one session, domestic gold was adjusted in opposite directions by business units.

World gold prices remain above 4,300 USD/ounce after hitting a 2-month high, while Brent oil prices approached 90 USD/barrel. Photo: Phan Anh

Gold prices cool down after surpassing 4,400 USD, Fed faces a new test

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World gold prices rose slightly after hitting a 2-month high, while investors are waiting for US CPI to assess the possibility of interest rate changes by the Fed.

World gold prices rose sharply to a 2-month high, as expectations of interest rates and US CPI data became new drivers. Photo: Phan Anh

Gold price exceeds 4,400 USD, investors await boost from US data

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World gold prices surpassed 4,400 USD/ounce to a 2-month high, as investors bet on new signals from the Fed.

Domestic gold prices are recovering, but buyers from a month ago still lost from 6.3-7.4 million VND/tael. Photo: Phan Anh

Gold prices fluctuate sharply, buyers lose up to 7.4 million VND/tael after 1 month

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Gold prices are recovering after strong fluctuations. However, gold buyers a month ago still suffered a loss of 6.3 to 7.4 million VND per tael.

Cake by VPBank is currently offering preferential savings interest rates for a 6-month term at 9.2%/year. Photo: Tra My

Deposit 100 million VND for 6 months and enjoy a preferential interest rate of 9.2%

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Cake by VPBank is currently offering preferential savings interest rates for a 6-month term at 9.2%/year.