Money & Investing

Reasons for the recent sharp drop in gold prices

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Gold prices continuously decreased as the USD strengthened, yields increased, and expectations of the Fed reducing interest rates were pushed back, making investors more cautious.

Latest MBBank interest rates, deposit 500 million VND and earn 70 million VND

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MBBank's savings interest rate recorded the highest level of 7.0%/year. See immediately the interest rate you can receive if you deposit 500 million VND.

Gold prices continuously plummet sharply, buyers go bottom-fishing, people sit and wait to sell

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On June 10, gold prices continued to slide. Gold shops are bustling, trading is open.

The reason why many experts have not given up hope for gold prices

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Many experts believe that the adjustment of gold and silver prices has not changed the long-term upward outlook.

50 richest billionaires in Japan own 294 billion USD

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The list of Japan's richest people in 2026 recorded Masayoshi Son returning to the top spot. The total assets of these 50 billionaires increased to 294 billion USD.

Foreign exchange rate 5.7: The fall stopped, the USD "black market" stood still

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Foreign exchange rate today (July 5): USD price on the free market after many sessions of decline, this morning the decline has slowed down. Market sentiment is expecting a lot of expectations for the US Federal Reserve (Fed) to soon cut interest rates in a short time.

officials say virtual currency price 4.7: Bitcoin recovers strongly, forecast to reach 21,000 USD

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Today's virtual currency price (July 4) has had a quite spectacular recovery. Bitcoin price is currently moving towards the 12,000 USD mark.

Foreign exchange rate 4.7: USD weakens freely, expecting the Fed to cut interest rates to increase

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Foreign exchange rate today (July 4): USD listed at banks and on the free market, although increased slightly, is still trading around a low level.

virtual currency price 3.7: Rising again, Bitcoin price reaches 11,300 USD

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Today's virtual currency price (July 3) increased again after a shocking decrease. The prices of a series of virtual currencies also increased along with the speed of Bitcoin.

Gold price today 3.7: Unexpected increase of more than 1 million VND/tael

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Gold prices today, July 3, increased sharply in both domestic and international markets. Domestic business units adjusted the increase margin to be extremely large, from 850,000 VND to 1,050,000 VND/tael.

Foreign exchange rate 3.7: Deep decline, USD "black market" struggles to avoid low prices

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Foreign exchange rate today (July 3): USD price at Vietcombank continues to decrease by 30 VND to 23,1803,300 (buy in - sell out). USD prices on the free market remained stable at low levels.

Will Mark Zuckerberg turn Libra into an "underground bank" for money laundering?

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There are many questions and controversies surrounding how Facebook will control the Libra cryptocurrency? Will Mark Zuckerberg's ambition to turn Libra into a viable cross-border payment method become a tool for laundering money for illegal activities?

Is the exchange rate increasing recently due to seasonal factors?

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Last week, the exchange rate in the free market increased partly due to the increased demand for foreign currency of foreign enterprises to transfer profits to the country at the end of the quarter. In the world, consecutive fluctuations in the international financial market have a significant impact on domestic exchange rates.

Gold price today 2.7: Gold plummets miserably, should we sell it off immediately?

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Gold prices today 2.7 continued a gloomy trading session. Domestic business units simultaneously adjusted the range down sharply at 150,000 VND to 550,000 VND. Many experts have advised whether to sell gold to make a profit or continue to wait.

cryptocurrency price 2.7: Investors go crazy because Bitcoin plummets too strongly

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Today's virtual currency prices (July 2) plummeted across the market. Red covered it. Bitcoin price at one point dropped below the 10,000 USD mark and plummeted.

Foreign exchange rate 2.7: USD "black market" and banks shockingly decreased to VND 23,200

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Foreign exchange rate today (July 2): USD listed at commercial banks and free markets decreased sharply. Notably, the price of "black market" USD has currently dropped to VND23,230 - VND23,270 (buy - sell).

cryptocurrency price 1.7: Bitcoin, Ether, Ripple, LiteCoin, EOS plummet

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Today's virtual currency prices (July 1) fell sharply on trading floors. Notably, JPMorgan, a leading group in financial services, investment banking and asset management, is planning to launch its own JPM Coin cryptocurrency by the end of 2019.

Gold price today 1.7: Headed to plummet

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Gold prices today, July 1, in the domestic market plummeted. Business units simultaneously adjusted the range down from 350,000 VND to 450,000 VND/tael.

Foreign exchange rate 1.7: Pressure increases, USD "black market" cannot recover

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Foreign exchange rate today (1.7): USD price at banks and on the free market is still trading at a low level.

If 2.4 billion people use Facebook's Libra virtual currency, what will happen to the world?

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Mark Zuckerberg's ambition is to turn Libra into a cross-border payment method with a cost to users of almost zero. With a super-fast processing speed of 1,000 transactions/second (compared to 7 transactions/seconds of Bitcoin), these transactions are conducted on the blockchain Libra platform.