Money & Investing

Gold price update at the closing session on May 26: Simultaneous decline

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Gold price update at the closing session on May 26: Decrease in both domestic and world markets.

Series of banks secretly increase interest rates, despite directives from the State Bank

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Vietcombank, MB, ABBank... increase savings interest rates according to the negotiated mechanism. This is going against the State Bank's request to reduce interest rates.

Gold price drops by 7 million VND/tael, buyers suffer heavy losses after 1 month

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Gold prices plummeted after a month, causing buyers to suffer a loss of more than 10 million VND/tael.

Silver prices lead the upward trend of precious metals

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According to Kitco - Silver prices led the upward momentum of precious metals as expectations of the US - Iran put pressure on oil prices, weakening the USD and easing global inflation concerns.

HOSE cuts margin for many securities codes

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The Ho Chi Minh City Stock Exchange has just announced the supplementary list of securities subject to margin cut for various reasons.