Money & Investing
Gold price update at the close of session 3. 8: Struggle, potential risks
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Gold price update at the close of the session August 3: Domestic and world gold are both in a state of stalemate. The buying - selling price difference in the country is still high.
Deposit 100 million VND for a 6-month term, receive interest up to 9%
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At Cake by VPBank, depositing money from 100 million VND for a 6-month term, customers can receive the highest interest rate of up to 9% thanks to the additional interest rate program.
Reasons why gold prices are constantly struggling, difficult to overcome important resistance zones
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Gold prices reversed to decrease after a recovery phase, currently struggling around 4,050 USD/ounce as the market is cautious about the US interest rate and inflation outlook.
Gold prices rebound, many people take advantage of profit-taking to switch to savings
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On August 3, gold prices suddenly increased. Gold stores traded sluggishly, many people switched channels to accumulate assets.
Gold prices fall sharply after 6 months, buyers lose up to 36.5 million VND/tael
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After 6 months, domestic gold prices fell sharply, causing buyers to lose up to 36.5 million VND/tael when selling on August 3 at major brands.
