Money & Investing

World gold prices turned down in the session of July 23 after increasing by about 3% in the previous two sessions. Photo: Phan Anh

Gold prices unexpectedly reverse after two strong increase sessions

|

World gold prices turned down after two strong recovery sessions, while oil prices continued to rise and put pressure on the precious metals market.

Pressure from a strong USD, rising US bond yields and the Fed's interest rate outlook are making silver prices face difficulties in the short term. Photo: Phan Anh

Silver price at the close of the session on July 23: Falling, under a lot of pressure

|

Silver price closing session 23.7: Silver price continues to adjust under pressure from strong USD and US interest rates.

Domestic gold prices simultaneously decrease. Photo: Phan Anh

Gold price update at the close of the session on July 23: Gold rings decreased by up to 6.5 million VND/tael

|

Gold price update at the closing session on July 23: Domestic gold market simultaneously decreased, some business units adjusted up to 6.5 million VND/tael.

CRU forecasts that gold prices will continue to maintain positive momentum in 2026, although the growth rate may slow down. Photo: Phan Anh

CRU makes a noteworthy forecast on gold price prospects for 2026

|

CRU Group forecasts that gold prices will continue to maintain positive momentum in 2026, but the growth rate may slow down as market-dominating factors change.

World gold prices remain above the threshold of 4,100 USD/ounce as bottom-fishing buying appears amidst oil prices and escalating Middle East tensions. Photo: Phan Anh

Gold prices maintain recovery momentum amid oil price and interest rate vortex

|

Gold prices continue to maintain above the threshold of 4,100 USD/ounce as bottom-fishing cash flow appears, amid geopolitical risks and rising oil prices.