Money & Investing

World gold prices recovered in the morning session of September 17 after the Fed raised interest rates, while falling oil prices continued to create support for precious metals. Photo: Phan Anh

World gold prices regain momentum after adjustment

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World gold prices recovered in the morning session of September 17 after falling to a nearly 6-week low, amid markets receiving new signals from the Fed.

Domestic gold prices fell after 3 months, causing gold buyers at many brands to suffer heavy losses if they sell at the present time. Photo: Phan Anh

Gold prices fall, buyers of Bao Tin Minh Chau, Phu Quy, DOJI gold all lose money after 3 months

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After 3 months, SJC gold bars and 9999 gold rings simultaneously decreased, causing domestic gold buyers to suffer heavy losses.

In addition to its role as a precious metal, silver is currently widely used in high-tech industries and renewable energy. Photo: Phan Anh

Reasons for silver price drop, what pressure is dominating the precious metals market

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World silver prices fell more than 1% as the USD appreciated, US bond yields rose, and expectations of prolonged high interest rates put pressure on the precious metal.

Today's gold price recorded a reversal to decrease after the Fed decided to reduce interest rates. Photo: Phan Anh

Gold price today 17.9: Fall

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Gold price today 17.9: Precious metals move in an unfavorable direction after the Fed increased the target margin of the federal fund interest rate by 25 basis points.

The rising USD and rising US bond yields put pressure on non-performing assets like gold. Photo: Phan Anh

Gold and silver prices under pressure after new moves from the Fed

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World gold prices fell after the Fed signaled to maintain a tough stance, causing the USD and US bond yields to rise.