Economic difficulties cause gold demand to drop sharply
Local demand for gold bars and coins dropped by 5 per cent year-on-year from 9.6 tonnes in the second quarter last year to 9.1 tonnes in the same period this year.
Local demand for gold bars and coins dropped by 5 per cent year-on-year from 9.6 tonnes in the second quarter last year to 9.1 tonnes in the same period this year.
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Inflation fell to its lowest annual rate in more than two years in June, prompting the Federal Reserve to halt hiking interest rates after its July meeting, boosting the...
Gold remains a potential investment channel until the end of this year, though the global economy in general, and Việt Nam in particular, still possess potential risk...
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Analysts believe that concerns about credit conditions and the debt limit dispute will maintain gold prices at historically high levels for the foreseeable future.
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Many central banks have purchased gold for their reserves, which might boost the price of gold to a new high.
The Fed may soon stop raising rates in response to the banking crisis and falling inflation. This will result in a gold price breakout.
Following the failure of three American banks, the banking crisis may extend to other nations. This will cause gold prices to rise even further.
Many analysts believe gold prices will reach a new high despite the fact that the Fed will raise interest rates by 0.25% next week.
The gold price rose unexpectedly this week as a result of potential contagion risks from the Silicon Valley Bank (SVB) meltdown.
Fed Chairman Powell will testify before the Senate Banking Committee on the Federal Reserve's semiannual monetary policy report. If he maintains his hawkish stance, gold...
Gold prices may remain flat next week due to rising expectations that the Fed will raise interest rates by 0.5% at its upcoming meeting.
Gold price has fallen for the fourth week in a row, as investors are concerned about how aggressive the Federal Reserve will have to be in order to bring inflation down...
Economic expert Đinh Trọng Thịnh spoke to Vietnam News Agency about prospects of investment channels.
The Fed's decision to scale back its rate hike, US default risk, and other factors will support the gold price next week.
In a speech, Fed Chairman Jerome Powell declared that the central bank would "slow the pace" of rate hike. Will this lead to an increase in gold prices the following...
Investors are still hesitant to enter the market, despite the FED's indication that it may slow the rate of rate increases in December.