2024-11-07 05:40:10
Markets
Economy
Gold Prices Face Volatility Amid Economic Shifts
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VnExpress English
Gold price plunges 5%
Finance
Economy
Politics
Gold ring price plunged 5.17% to VND84.4 million per tael; gold bar price fell 1.69% to VND87.5 million per tael. Globally, spot gold fell 0.1% to $2,656.34 per ounce after hitting a record high, as Trump's potential inflationary policy could mean slower cuts, but a widening U.S. budget deficit may be positive for gold, according to Kelvin Wong, OANDA's senior market analyst, Asia Pacific. Focus was also on the Federal Reserve's interest rate decision later in the day.
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