Money & Investing

Gold price update at the close of July 8th: Continues to decrease, losing the 4,100 USD/ounce mark

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Gold price update closing session 8. 7: World gold prices continue to fall, officially losing the 4,100 USD/ounce mark after many sideways sessions.

Gold price reverses and loses more than 2% of momentum, experts expect the upward cycle to return soon

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World gold prices fell more than 2%, below 4,100 USD/ounce as the market waited for the Fed meeting minutes and monitored new tensions in the Middle East.

Gold prices continue to fall, the 4,100 USD mark in the spotlight

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World gold prices continued to fall as investors waited for the Fed meeting minutes, while US bond yields and oil prices both increased again.

12-month savings interest rate highest up to 10% per year

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12-month term savings interest rates at some banks are having a large difference, the highest level is up to 10%/year.

Gold prices fluctuate, Hong Kong (China) ambitious to become an international gold trading center

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Hong Kong (China) is piloting a centralized gold payment and clearing system, creating an additional foundation to support the development of the gold market.

Gold prices are rising very quickly

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In just a few trading hours, gold prices on the world market opened for trading this afternoon, March 6, soaring from 1,610 USD/ounce to nearly 1,630 USD/ounce. The increase shows no signs of stopping.

Gold prices are suddenly increasing strongly again

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The trend of gold prices increasing again in the world market continued to be maintained this evening according to Vietnam time and is currently still being traded around the high of 1,617.6 USD/ounce.

Reasons why gold prices may increase to 1,800 USD/ounce

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A loose global monetary policy combined with unprecedented fiscal stimulus policies will give gold more strength and push gold prices up to $1,800/ounce in the coming quarters.

Gold price forecast to surpass historical peak 2011

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With gold prices rising sharply in the past 2 days, gold investors predict that gold futures will increase to $2,500/ounce in 2020, much higher than the peak of $1,900 in 2011.

World gold price increases beyond forecast

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Overcoming the technical barriers predicted at the highest level of 1,600 USD/ounce, gold prices on the world market this afternoon continued to skyrocket to a new level of 1,612 USD/ounce.

Gold price regains the 1,500 USD/ounce mark, ending the downward trend

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In the world market, today's gold price officially regained the price of 1,500 USD/ounce after increasing sharply to over 38 USD compared to yesterday's closing price.

Gold prices drop sharply despite $700 billion support package

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Optimism signals and recovery trends of world gold prices quickly passed as gold prices on the world market on the afternoon of March 18 continued to be blown away from the 1,500 USD/ounce mark.

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.