Money & Investing

The high buying-selling spread along with the decline in world gold prices continues to increase the risk of losses for gold buyers. Photo: Phan Anh

Gold prices plummet, buyers lose nearly 31 million VND/tael after three months

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After three months, domestic gold prices simultaneously decreased sharply, causing buyers of SJC gold bars and 9999 gold rings to lose from 29.2 to 30.7 million VND per tael.

Silver prices continue to face adjustment pressure as the market waits for further signals from US monetary policy and important economic data. Photo: Phuong Anh

Silver price closing session on July 14: Market awaits important economic data

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Silver price closing session July 14: Silver price under downward pressure. The market is waiting for more signals from important economic data.

Gold prices are under pressure from a strong USD, rising US bond yields and expectations that the Fed will continue to maintain tight monetary policy. Photo: Phan Anh

Gold price update at the closing session on July 14: Domestic gold prices simultaneously decrease

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Gold price update at the closing session on July 14: SJC gold bars and plain gold rings in the country today were adjusted down by business units.

Gold prices recovered after hitting a two-week low, while the market is waiting for US inflation data and new signals about the Fed's interest rate roadmap. Photo: Phan Anh

Gold prices reverse and recover after the strongest drop in more than a month

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Gold prices recovered after a nearly 3% decrease as the market awaited the US CPI report and the Fed's interest rate outlook.

World gold prices continued to fall as expectations of the Fed continuing to raise interest rates increased, while rising oil prices raised concerns about inflation. Photo: Phan Anh

Gold prices face a new test of fire before US inflation data

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Gold prices reversed sharply as the market increased expectations that the Fed would continue to raise interest rates, while rising oil prices raised concerns about inflation.