Money & Investing

Although gold prices have just undergone a strong correction, many financial institutions still believe that buying power from central banks is an important supporting factor for the long-term trend. Photo: AI

Many central banks are still betting on gold prices

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Despite the gold price adjustment, central banks still increased holdings, strengthening expectations that the precious metal still has much room to increase by the end of 2026.

World gold prices recovered in the week thanks to expectations that the Fed has more room to adjust monetary policy, and were supported by stable gold buying demand from central banks. Photo: AI

Gold price brightens by more than 2%, expecting interest rates to continue to create support

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Gold prices recovered strongly after the adjustment at the beginning of the week, as interest rate pressure cooled down and buying power in the market continued to be maintained.

Domestic silver prices continued to adjust upwards in today's trading session. Photo: Phuong Anh

Silver price fluctuation 3.7: Domestic silver increases by up to 2 million VND/kg

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Silver price fluctuation July 3: Silver prices rose amid market expectations that the Fed will be less tough on interest rates after the US released lower-than-forecast jobs data.

BIDV interest rate, deposit 600 million VND and get 72 million VND. Photo: Hai Nguyen

BIDV interest rate, deposit 400 million VND and get 48 million VND

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BIDV'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.

World gold prices recovered strongly as US jobs data weakened compared to forecasts, reducing expectations that the Fed will soon tighten monetary policy. Photo: Phan Anh

Gold price today July 3: PNJ, DOJI, Phu Quy simultaneously adjust to increase

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Gold price today July 3: Many domestic gold, silver and gemstone brands simultaneously adjusted gold prices up.