Money & Investing

After a week of struggling, the short-term outlook for gold prices this week is still unpredictable. Photo: Phan Anh

Gold price update morning of July 13: Great pressure from US CPI and Fed message

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Gold price update morning of July 13: Gold price faces strong fluctuations as US CPI and Fed message decide interest rate expectations, USD and market trends.

Top banks with the highest interest rates today. Graphics: AI

Bank interest rates today July 13: 6-month term up to 9%

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Bank interest rates today July 13th: 6-month term interest rates are attractive thanks to the added policy. Summary of savings interest rates from more than 30 newest banks.

The interest rate for regular 12-month term savings in the banking system is currently listed at 9.2%. Photo: Tra My

Deposit savings for 1 year and receive an interest rate of 9.2%

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According to a survey by Lao Dong Newspaper reporters on July 12, the interest rate for regular conditional savings for a 12-month term in the banking system is currently listed at 9.2%.

In the past week, gold prices continued to face difficulties when they could not maintain stability above the 4,100 USD/ounce threshold. This development shows that bottom-fishing buying pressure has appeared but not strong enough to form a clear recovery trend. Photo: Phan Anh

Series of data affecting gold prices next week, investors should note

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Gold prices may experience volatile trading weeks as the market welcomes US inflation data, messages from the Fed and many important economic reports.

Despite adjustment pressure, gold prices are still supported by the long-term buying demand of central banks and the role of strategic reserve assets. Photo: Phan Anh

Gold price update closing session 12. 7: Heavy losses after a week of spending

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Gold price update at the close of the session July 12: Domestic investors lost from 4.5 to 6.4 million VND/tael of gold depending on type and brand after a week of buying.