Money & Investing

Gold price loses nearly $100/ounce, market pressure from US economic data

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World gold prices plummeted sharply on the evening of April 29 as investors waited for the results of the Fed meeting, while under pressure from positive US economic data.

Latest VietinBank interest rates, deposit 100 million to get 12 million VND

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VietinBank's savings interest rate recorded the highest level of 6.0%/year. See immediately the interest rate you can receive if you deposit 100 million VND.

Gold price update morning of April 30: Continuing to decrease, investors hold their breath waiting

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Gold price update morning of April 30: Continues to plummet as profit-taking pressure increases. Investors are focusing their attention on new signals from the Fed and geopolitical developments.

Gold price update at the closing session on April 29: Gold rings decreased by up to 2 million VND/tael

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Gold price update at the closing session on April 29: Domestic and world gold prices simultaneously decreased. Domestic plain gold rings decreased by 1.5 to 2 million VND/tael.

Gold does not help investors get rich quickly, but helps preserve assets

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In the context of high public debt and prolonged inflation risks, Morton Wealth CEO believes that gold is an asset preservation tool, not a fast-track for getting rich.