Money & Investing

Gold price update closing session 4: Heavy losses despite price soaring

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Gold price update at the closing session 4: Although domestic gold prices surged, buyers still lost up to 1.8 million VND/tael after a week.

Savings interest rates increase sharply by 8.9% when depositing money for 13 months

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13-month term savings interest rates in the banking system reached 8.9%/year.

Agricultural product prices today 5. 4: Coffee remains stable at the end of the day

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Agricultural product prices today 5. 4: At the giacaphe. com exchange, the average coffee price is at 89. 200 VND/kg.

Agribank, Vietcombank, BIDV interest rates highest: Deposit 2 billion VND to receive interest at the end of the term of 390 million

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Agribank, Vietcombank, BIDV interest rates are highest at 6.5%/year. Depositing 2 billion VND in the Big4 group, customers can receive huge interest at the end of the term.

Large banks maintain positive views on gold prices in the next 6 months

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According to HSBC commodity strategists, although gold prices have recently weakened, this precious metal still plays an important role in diversifying investment portfolios.

Gold price this afternoon officially lost the 1,500 USD/ounce mark

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Gold prices today have officially lost the price range of 1,500 USD/ounce when they fell sharply to only 1,470.8 USD/ounce this evening according to Vietnam time.

"The gold market is showing signs of being overpriced"

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Despite the continuous decline in gold prices in the world market, domestic gold prices still remain at a price higher than the world gold price by over 4 million VND per quantity, causing many risks for gold buyers.

The downward trend in gold prices may not be over yet

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Despite losing nearly $150 a week, the downward trend in gold prices as forecast by investors and market analysts may not have stopped.

World gold prices are falling sharply like never seen before

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In less than 2 hours, the gold price on the world market tonight, Vietnam time, is losing nearly 1.7 million VND per tael.

Difficult to stay at the support level, gold price may fall to 1,611 USD

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Cash demand to offset losses for other investment channels is a factor that caused gold to sell strongly in the world market and continuously decreased sharply in price on March 10.

92% of market experts predict gold prices will increase next week

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The results of the gold price forecast survey for next week just released by Kitco News show that up to 92% of market experts and 73% of investors believe that gold prices will increase next week.

Gold price next week awaits information from ECB

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Following interest rate cuts from the US, Australia and Canada, gold price movements next week are expected to be affected by the actions of the Bank of England and the European Central Bank (ECB).

Gold price today 7.3: Unexpected cooling, is it a worrying signal?

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Gold prices today, March 7, decreased slightly in both domestic and international markets. However, in general, experts believe that gold prices will continue to increase in the coming time.

Experts analyze gold price developments before the COVID-19 spread

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Concerns about the spread of COVID-19 have not yet reached their peak in Europe and North America, which is pushing gold prices higher in the world market.

24h Economy: Gold price breaks out; Strange story of 1,000 billion-dong ancient monuments

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Mr. Trinh Van Quyet became a major shareholder of GAB; Gold price today: Cash flow is congested, gold has the opportunity to break out... are the hottest economic news in the past 24 hours.

Gold price today 6.3: Cash flow is congested, gold has the opportunity to break out

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Gold prices today, March 6, continue to increase as predicted by many experts. Opening this morning's trading session, domestic businesses simultaneously adjusted the price up around 400,000 VND/tael, however, the difference between buying and selling was quite high at 500,000 VND/tael.

Gold price unexpectedly has more supporting factors

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Continuing the interest rate cut by the US Federal Reserve (FED) as a positive support factor for gold prices, the Bank of Canada has also just decided to cut interest rates by 0.5%.

Gold price today 5.3: Gold waiting to skyrocket, good opportunity for speculation?

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Gold prices today, March 5, moved sideways after a spike. Concerns about the COVID-19 pandemic, the wave of interest rate cuts and the risk of a global economic recession are expected to support gold's increase.

Gold prices continue to regain what they have lost

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The US Federal Reserve's interest rate cut and a chain reaction could spread to other central banks, extending the forecast for gold's uptrend to approximately $1,692 an ounce.

Gold price today 4.3: Receiving a new boost, gold increased by a million VND/tael

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Gold price today 4.3, unexpectedly skyrocketed by a million VND/tael. The wave of central banks' monetary easing is a boost in gold prices.