Gold prices are experiencing a downward trend today, July 8, 2026, influenced by various global pressures. In Vietnam, the price of gold has dropped by approximately 1 million VND per tael.
The Vietnamese securities market has witnessed significant shifts in brokerage market share during the second quarter of the year. Despite a decline in liquidity, VPS remains the market leader, although the gap with competitors has narrowed.
As of July 6, 2026, gold prices remain high after breaking a four-week decline. However, the buying and selling spread remains significant, indicating potential risks in the market.
After a rise of over 2%, gold prices are expected to continue increasing, ending a four-week decline. Experts attribute this to expectations of the Federal Reserve easing interest rate pressures and a weakening US dollar.
This week, nearly 26 companies are set to distribute cash dividends, with rates reaching as high as 40%. A major bank is expected to pay out over 8 trillion VND in dividends.
Gold prices are expected to fluctuate until early 2027, influenced by U.S. yields and the strength of the dollar, yet supported by central bank actions. Analysts predict three potential scenarios for the price of gold in the coming months.
On July 2, 2026, gold prices in Vietnam saw a significant increase, with SJC gold rising by 2 million VND per tael. This surge reflects a broader trend in the global gold market, despite pressures from a strong USD.
As of June 29, 2026, BIDV offers personal savings interest rates ranging from 0.1% to 6% per annum. A deposit of 200 million VND for 24 months at 6% yields an interest of 24 million VND.
Gold prices are on track for their fourth consecutive month of decline, pressured by expectations of further interest rate hikes by the Federal Reserve and escalating tensions in the Middle East. As of June 29, 2026, gold is trading lower amid rising oil prices due to renewed military actions
Despite a rise in gold prices over the past week, investors are facing losses of up to 1.7 million VND per tael due to high buying and selling discrepancies. The current price for SJC gold is set between 145.5 and 148.5 million VND per tael.
Authorities in Thanh Hoa province have successfully dismantled a criminal network involved in the illegal sale of nearly 1,000 bank accounts. The suspects used specialized software to bypass biometric security measures employed by banks.
On June 25, gold prices fell to their lowest level in seven months, dropping below $4,000 per ounce. The decline is attributed to a stronger US dollar and rising expectations of interest rate hikes by the Federal Reserve.