After hitting a 6-week low due to the Fed's interest rate hike, global gold prices reversed course, rising nearly 100 USD and reclaiming the 4,300 USD mark.
Analysts are optimistic about gold's long-term outlook but warn that interest rate and inflation volatility will cause significant market fluctuations.
Vietnam's gold bar prices surged by one million dong today, reaching 142,5 million dong per tael, mirroring an upward trend in the international market.
Crude oil prices dropped by 5% per barrel, while gold gained 50 USD on the morning of 27/7, following the cessation of attacks between the US and Iran over the weekend.
