Money & Investing

Domestic gold prices are reacting slightly to the strong increase from the world market. Photo: Phan Anh

Gold price update closing session August 7th: World price increases above 4,300 USD/ounce, domestic fluctuation

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Gold price update at the close of the 7th session August: World gold increased by more than 4,300 USD/ounce. Domestically, business units adjusted upwards and downwards in opposite directions.

World gold prices fluctuate around the 4,260 USD/ounce range as the market waits for further Fed interest rate signals. Photo: Phan Anh

Gold prices fluctuate, focus on the Fed

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Gold prices fluctuate in a narrow range as the market waits for more signals about Fed interest rates and the strength of the USD.

The recovery of oil prices along with instability around the Strait of Hormuz continues to put pressure on the gold and silver markets. Photo: Phan Anh

Many factors prevent the strong increase in gold prices

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Gold prices turned down, losing the 4,300 USD/ounce mark as oil prices, bond yields and the USD went up together, putting pressure on the precious metal.

VPBank savings interest rate for deposits of 1 billion VND. Photo: Hai Nguyen.

Latest VPBank interest rates, deposit 1 billion VND and receive up to 168 million VND

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According to VPBank's online interest rate schedule, a deposit of 1 billion VND can receive up to 168 million VND in interest if deposited for a 36-month term.

BIDV applies a savings interest rate framework for individual customers in the range of 0.1-6%/year. Photo: Thach Lam

BIDV interest rate today, deposit 500 million and get 90 million VND in interest

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According to a survey by Lao Dong on August 7, 2026, BIDV applies a savings interest rate framework for individual customers in the range of 0.1-6%/year.