Money & Investing

The gold market recovered slightly, but the trend is still unclear. Photo: Phan Anh

Gold price update at the close of the session on July 10th: Domestic prices surge, world prices struggle

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Gold price update at the closing session on July 10: Domestic gold increased by 300,000 to 900,000 VND/tael. The world market is still in a state of stalemate.

Gold is still considered an important asset in the investment portfolio, but short-term prospects are negatively affected by geopolitical instability and the trend of real yields increasing. Photo: Phan Anh

Gold prices are still potential but greater opportunities are appearing in other portfolios

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Gold prices still have potential, playing an important defensive role, but AI, green transformation and energy security needs are opening up new opportunities.

World gold prices slightly decreased as investors assessed the impact of the Fed's monetary policy and US-Iran tensions on inflation prospects. Photo: Phan Anh

Gold prices face a new test before a series of signals from the Fed

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Gold prices fell slightly as expectations of the Fed maintaining high interest rates and US-Iran tensions continued to dominate market sentiment.

J.P. Morgan continues to maintain an optimistic view on gold prices even though the market has just undergone a period of strong correction. Photo: Phan Anh

J.P. Morgan Bank points out new momentum to raise gold prices to $6,300

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J.P. Morgan believes that the recent correction has not changed the long-term upward trend of gold prices and continues to maintain positive forecasts.

Cake by VPBank is offering an additional interest rate of 1.8%/year to individual customers who use term deposit products at CAKE by VPBank Digital Bank for the first time. Photo: Thach Lam

13-month savings interest rate highest at 10%

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The highest 13-month term savings interest rate in the banking system is 10%/year.