Tag: oil reserves

The gold price dipped during Thursday's Asian trading session as investors took profits after it hit a record high on expectations that the US Federal Reserve will cut interest rates soon. All eyes are now on crucial US employment data due later this week.

The recently released investment banking report by Rong Viet Securities (VDSC) offers intriguing insights into the industry's performance in Q2 2025. This comprehensive report paints a detailed picture of the sector's health, providing valuable information for investors and industry stakeholders alike.

The gold price surge has left small jewelry shops in a peculiar predicament. While a rise in gold prices typically signals prosperity for gold businesses, smaller retailers are facing a unique challenge. Their primary focus on jewelry sales becomes a double-edged sword when customers flock to purchase gold bars and coins instead. This shift in demand dynamics has small jewelry retailers struggling to adapt, witnessing a stagnant business despite the favorable market conditions.