Money & Investing

Wells Fargo expert reveals new outlook for gold prices

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Wells Fargo lowered its gold price forecast target for 2026, but still expects the precious metal to rise to the 4,900-5,100 USD/ounce range by the end of the year.

USD exchange rate today August 19: Welcoming new signals

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USD exchange rate today August 19: The market is waiting for the minutes of the Fed's most recent meeting, while most experts predict interest rates will be kept unchanged until the end of the year. Prolonged US-Iran tensions continue to support the USD.

Depositing 200 million VND for 6 months can enjoy an interest rate of 9.2%

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Cake by VPBank currently has a preferential savings interest rate for a 6-month term at 9.2%/year when depositing money for the first time.

Gold prices fall sharply, touts are ready to offer to buy at higher prices

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On August 19, gold prices suddenly reversed direction. Gold stores traded actively in the buying direction, with few sellers.

Gold prices have a different advantage compared to other commodities

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Gold prices are assessed by the WGC as having a different advantage thanks to supply and demand structure, portfolio diversification capacity, high liquidity and resistance.

Gold price today, August 18: Unsuccessful price increase, turning to plummet

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Gold price today, August 18, opened the trading session and decreased slightly by VND40,000/tael. In contrast to domestic gold, the world gold market skyrocketed in the context of central banks in countries being afraid of low inflation.