Money & Investing
Gold price update closing session June 1: SJC gold bars, gold rings simultaneously decrease
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Gold price update closing session June 1st: World gold prices decrease. Domestically, SJC gold bar and gold ring prices decreased by 500,000 VND/tael.
Reasons for pulling gold prices away from the strong increase
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Gold prices narrowed their gains after the White House continuously sent mixed signals about the possibility of reaching a ceasefire agreement with Iran.
Gold prices increase, buyers make a profit of nearly 40 million VND/tael after a year
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After 12 months, domestic gold prices increased sharply in both SJC gold bars and gold rings, helping many gold buyers record large profits.
Stock market liquidity declines
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The stock market is in a period of lack of supporting information, causing many investors to choose to stand aside, and liquidity accordingly decreased sharply.
Gold prices cool down amid the tug-of-war between the US and Iran
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Gold prices fell slightly at the beginning of the week as the USD strengthened, oil prices rose, and the market awaited a new US decision on Iran.
