Tuesday, March 25, 2025

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World gold prices have not ended their record increase streak

The precious metal hit a new high of $3,054 an ounce, after the US Federal Reserve forecast another interest rate cut this year.

After a sharp increase, in which case can gold prices fall to 72 - 80 million?

Gold prices skyrocketed to VND100 million per tael, breaking all previous records. However, according to one of the three scenarios forecasting gold prices in 2025, this precious metal could still fall to VND72-80 million per tael.
Be careful buying gold at the peak

According to experts, during this period, investors should not borrow money to buy gold and should not borrow gold to sell for consumption. This can cause great risks.