Money & Investing

SJC gold bars and gold rings at many businesses simultaneously decreased. Photo: Phan Anh

Gold price update at the closing session on July 17: Domestic gold prices simultaneously decrease

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Gold price update at the closing session on July 17: Plain gold rings and SJC gold bars were adjusted down by many domestic business units.

World gold prices fall below 4,000 USD/ounce. Photo: Phan Anh

Reasons for world gold prices falling below the $4,000 mark

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World gold prices fell nearly 2%, below the $4,000/ounce mark after US manufacturing data exceeded forecasts, raising expectations that the Fed will keep interest rates high.

VietinBank's interest rates are currently fluctuating in the range of 2.1-6.0%/year. Photo: Tra My

VietinBank interest rate, deposit 400 million to earn 48 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 400 million VND.

Spot gold prices fell below $4,000/ounce, the lowest level in more than two weeks, amid rising oil prices and expectations that the Fed will continue to maintain tight monetary policy. Photo: Phan Anh

Gold prices reverse sharply, BofA still maintains high forecast

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World gold prices fell nearly 2%, below $4,000/ounce as expectations of the Fed raising interest rates increased, but BofA still recommended accumulation.

World gold prices fell sharply, breaking through the 4,000 USD/ounce support zone amid rising US bond yields and the USD. Photo: Phan Anh

Gold price breaks 4,000 USD/ounce mark, pressure compresses

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Gold prices fell below $4,000/ounce as bond yields rose, the strong USD and oil inflation risks overwhelmed weak economic signals.