Gold Prices Surge 1.5% Amidst Unexpectedly Weak US Jobs Report
Gold prices surged 1.5% after a weaker-than-expected US jobs report showed only 73,000 nonfarm payrolls added in July, impacting Treasury yields and boosting precious metals.
Gold prices surged 1.5% after a weaker-than-expected US jobs report showed only 73,000 nonfarm payrolls added in July, impacting Treasury yields and boosting precious metals.
Following the Federal Reserve's decision to keep interest rates steady at 4.25%–4.5%, Treasury yields saw a significant increase. The 30-year, 10-year, and two-year notes all exper...
Gold prices have reached a 3-month high, with local prices for gold bars and rings seeing significant increases. Globally, prices slightly dipped due to trade deal optimism, though...
The US saw a 10% weekly drop in mortgage applications, with rising interest rates and economic concerns cited as key factors. The Purchase and Refinance Indices both declined, refl...
Vietnam's gold prices saw a slight decrease, with Saigon Jewelry Company reporting drops in both gold bar and ring prices. Globally, gold prices stayed near a one-week low, influen...
Former Treasury Secretary Janet Yellen criticizes Donald Trump's tariff policies as harmful to the US economy, suggesting they may lead to a recession. She also links the suspensio...
Former Treasury Secretary Janet Yellen criticizes President Trump's tariffs as a severe self-inflicted wound to the US economy, warning of increased recession risks due to these po...
Gold ring prices have reached an all-time high, with a 1.2% increase to VND92.7 million per tael, marking a 10% gain since the year's start. Globally, gold prices slightly dipped d...
Gold prices have slightly decreased, influenced by a stronger U.S. dollar and rising Treasury yields. Investors are awaiting an inflation report to assess the Federal Reserve's pol...
Gold prices have seen a slight decline locally, while global spot gold prices rise. Market strategists attribute these trends to a stronger-than-expected U.S. job report and the su...
The US dollar saw a 0.17% increase against the Vietnamese dong in unofficial markets, reaching VND25,800. Globally, the dollar held near a 14-month high, influenced by a strong pay...
The U.S. dollar has seen a notable increase against the Vietnamese dong, with Vietcombank adjusting its selling price upwards. Globally, the dollar's strength is underpinned by ris...
Bitcoin and Ethereum faced significant losses, dropping over 5% and 7% respectively, as Treasury yields rose following positive PMI data. The 10-year Treasury yield hit a nearly tw...
Since last month, with Donald Trump’s chances of re-election increasing, long-term Treasury yields have surged, leading to an outflow of over 300 billion won (approximately $216.79...