Money & Investing

SJC gold bars and gold rings increased sharply compared to a week ago, while the buying - selling difference remained high. Photo: Phan Anh

Gold price update closing session July 5th: End of four consecutive weeks of decline

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Gold price update closing session July 5th: Simultaneously increasing after a week of fluctuations, ending a four-week consecutive decline.

Silver prices have just experienced a week of recovery, bringing the price level up around the threshold of 62.6-64.7 million VND/kg. Photo: Phuong Anh

Silver price at the close of the session on July 5th: Recovery but adjustment risk still present

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Silver price closed the session on July 5th: World silver closed the week at 62.27 USD/ounce. The recovery was supported by the weakening USD, but interest rate pressure is still present.

Cake by VPBank is listing 6-month savings interest rates at 8.7%/year. Photo: Thach Lam

6-month savings interest rate hits 8.7%

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Cake by VPBank is listing the highest 6-month term savings interest rate at 8.7%/year.

World gold prices have just recorded a strong recovery week, making the 4,200 USD/ounce mark a price range closely monitored by the market in the new trading week. Photo: Phan Anh

Gold prices enter a challenging new week after an increase of more than 2%

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Gold prices just had the strongest weekly increase in many weeks. Developments in the new week will depend on the USD, the Fed and the threshold of 4,200 USD/ounce.

Many large banks are more cautious about gold prices in 2026, but central bank buying power is still an important supporting factor. Photo: AI

Many banks change forecasts, how will gold prices develop in the coming time

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Gold prices have recently been adjusted by many banks. Interest rate pressure is increasing, but long-term gold buying demand is still assessed positively.