Gold prices next week: Two unforeseen impacts
The Fed Chairman's testimony to Congress and February's nonfarm payrolls data (NFP) are expected to have a significant influence on gold prices next week.
The Fed Chairman's testimony to Congress and February's nonfarm payrolls data (NFP) are expected to have a significant influence on gold prices next week.
Recently, the Prime Minister requested the State Bank (SBV) to urgently propose solutions to effectively manage the gold market in the new situation. This is a great...
According to Dr. Nguyen Tri Hieu, a finance and banking expert, issuing gold certificates would be the best way for the State Bank of Vietnam (SBV) to raise a...
Commenting that the goal of stabilizing the gold market is still the right direction, economic expert Associate Professor, PhD. Ngo Tri Long (photo), former Director of...
US inflation has increased faster than anticipated, raising concerns that the Fed will continue to delay interest rate cuts. This may put the gold price under pressure.
Although the unpredictable global market will affect the Vietnamese economy, there are still several channels that are likely to generate returns.
The issuance of gold certificates is common in some countries. Instead of holding gold, people can keep gold certificates issued by the central bank that can trade on...
Together with the general Vietnamese preference of keeping gold as a means of reserve to hedge against inflation and risks, the monopolies cause unbalance of supply and...
Gold prices will be driven by global uncertainties and Fed rate decreases next week.
Mr. Nguyen Minh Tuan, CEO of AFA Capital, believes that Decree 24/2012 on gold market management should be reviewed. If gold is to be regarded a commodity...
The release of US inflation data next week will have a direct impact on gold prices.
Along with the fact that watermelon has just been allowed to be officially exported to China, up to now, there have been 14 types of Vietnamese agricultural products...
Many analysts projected that gold prices would rise considerably in 2024, reaching a new high, especially if the Federal Reserve cut interest rates.
Just as Golden Bridge in Danang stole the hearts of the world in 2018, the newly opened Kiss Bridge on Phu Quoc Island is expected to become another phenomenon for...
The fall in worldwide demand for gold, along with the predicted economic slowdown in 2024-2025, would make it difficult for gold prices to climb appreciably.
The increasing demand for recycled products, combined with domestic legal regulations and policies of export markets, is opening up "golden" opportunities for Vietnam's...
A surge in global prices has driven gold to historic heights in the domestic market with SJC gold bars and 9999 gold rings reaching the highest price since the beginning...
The conflict between Israel and Hamas might extend throughout the Middle East. This conflict may continue to bolster gold prices in the coming week.
The State Bank of Vietnam amends and supplements regulations on the responsibilities of the Department for Management of State Foreign Exchange Reserves in gold bar...
Gold prices are now on an accelerated and dramatic ascent, with apparent geopolitical causes for these recent changes, particularly the Israel-Hamas conflict.
Gold prices may continue to correct and consolidate next week, allowing investors to evaluate investing possibilities if the gold price falls below $1,900/oz.
Amidst the crisis of confidence in the "marriage" between banks and insurance, the cross-selling revenue from insurance at banks significantly declined in the first half...