Money & Investing

Gold price update at the close of July 8th: Continues to decrease, losing the 4,100 USD/ounce mark

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Gold price update closing session 8. 7: World gold prices continue to fall, officially losing the 4,100 USD/ounce mark after many sideways sessions.

Gold price reverses and loses more than 2% of momentum, experts expect the upward cycle to return soon

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World gold prices fell more than 2%, below 4,100 USD/ounce as the market waited for the Fed meeting minutes and monitored new tensions in the Middle East.

Gold prices continue to fall, the 4,100 USD mark in the spotlight

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World gold prices continued to fall as investors waited for the Fed meeting minutes, while US bond yields and oil prices both increased again.

12-month savings interest rate highest up to 10% per year

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12-month term savings interest rates at some banks are having a large difference, the highest level is up to 10%/year.

Gold prices fluctuate, Hong Kong (China) ambitious to become an international gold trading center

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Hong Kong (China) is piloting a centralized gold payment and clearing system, creating an additional foundation to support the development of the gold market.