Tag: Independence Day gifts

Gold prices surged over 2% tonight (October 20th), fueled by expectations of a Fed rate cut next week and heightened safe-haven demand. Investors are cautiously awaiting upcoming U.S.-China trade talks and inflation data, further driving the upward momentum.

The Parliamentary Committee on Economics and Finance has urged the government to implement robust measures for the effective regulation of the gold market.

Amidst a robust market uptrend and significantly heightened liquidity, margin debt in the securities sector surged to a record high of over 384 trillion VND by the end of Q3. This momentum propelled securities firms to achieve a substantial increase in lending revenue, reaching nearly 9.4 trillion VND during the same quarter.