Money & Investing
Gold price update morning of June 20th: Prolonged decline
|
Gold price update morning of June 20th: Continues to decrease in both domestic and world markets.
Goldman Sachs lowers gold price forecast for the end of 2026 to $4,900/ounce
|
Goldman Sachs lowered its gold price forecast for the end of 2026 to $4,900/ounce as there are no longer expectations that the Fed will cut interest rates soon.
Gold prices gradually lose their appeal as the USD rises
|
Gold prices fell nearly 2% and are heading for their third consecutive week of decline as the Fed maintains a tough stance and the USD rises sharply.
Gold price update at the closing session on June 19: Reduced by another 4.8 million VND/tael
|
Gold price update at the closing session on June 19: Strong decrease simultaneously in both domestic and world markets.
Gold prices may return to the 4,000 USD/ounce mark next week
|
Gold prices are under pressure as the Fed sends tough signals, while US-Iran tensions cool down, causing the market to face short-term downside risks.
