Gold has recently seen a price correction, presenting an attractive entry point for investors, according to Jerry Prior, a senior portfolio manager. He emphasizes that the long-term bull market for gold is supported by a global shift away from the U.S. dollar as the primary reserve asset.
Recent trends show a continuous decline in gold and silver prices, prompting several international banks to revise their forecasts downward. As of June 24, gold prices fell to $4,063.7 per ounce, while silver also saw a slight decrease.
Gold prices in Vietnam remain stable on June 24, while global prices have seen a significant decline. The domestic gold market is reflecting a steady trend amidst global fluctuations.
The VN-Index has risen for three consecutive sessions, nearing the historic peak of 1,880 points. Analysts predict potential profit-taking pressures as the index approaches its all-time high of 1,927 points.
On June 24, gold prices experienced a significant decline due to a strengthening USD. Analysts, however, believe that the long-term upward trend for gold remains supported despite this drop.
Gold prices have sharply declined, causing significant losses for investors who bought at peak levels. As of June 20, the price of SJC gold was reported at 144.2-147.2 million VND per tael.
Gold prices continue to weaken amid rising USD strength and expectations of prolonged high interest rates from the Federal Reserve. Analysts warn that the potential for deeper declines remains significant.
The stock of Yeah1 Group Corporation (YEG) touched its ceiling price just after the opening of today's trading session and maintained a purple hue throughout the day. The share price reached VND 14,350, the highest level since June 2022, over two and a half years ago. Around 5.7 million YEG shares
Decision Lab, the exclusive partner of YouGov in Vietnam, has released the annual Decision Lab Bank Satisfaction Rankings 2024. The report assesses the Vietnamese banking sector's performance through the lens of customer satisfaction, offering invaluable insights into how well each bank has met the
The bitcoin market has been stirring up again with signs that the price may rise sharply. Some analysts believe Bitcoin could hit $100,000 as large players increase buying volume and market sentiment shifts. This surge would mirror what happened in 2019, sparking debate around bitcoin's future
The Ho Chi Minh Stock Exchange (HoSE) will conduct testing of the new Korea Exchange (KRX) technology system from March 4th after previously delaying the official launch that was originally planned for late last year.
Interfood Joint Stock Company (HOSE: IFS), the owner of the popular Wonderfarm herbal tea brand in Vietnam, has reported strong financial recovery in recent years after going through a period of losses from 2008 to 2015. The company has fully distributed its profits to shareholders as dividends,