– Gold price: Increases
World gold prices on the afternoon of May 2 reversed to increase sharply; Domestic gold prices on May 2 also recovered after two sessions of decline.
According to records on the afternoon of May 2, the price of gold on the domestic market is listed specifically as follows:
SJC gold in Hanoi and SJC gold in Da Nang: 82.9 million VND/amount purchased (down 100,000 VND/amount purchased), 85.1 million VND/amount sold (down 100,000 VND/amount sold).
SJC Phu Quy gold: 82.9 million VND/tael purchased (up 300 thousand VND/tael compared to yesterday), 84.9 million VND/tael sold (up 200 thousand VND/tael compared to May 1) .
DOJI gold in Hanoi is 82.8 million VND/tael purchased, 85 million VND/tael sold (an increase of 200,000 VND/tael purchased; an increase of 200,000 VND/tael sold compared to May 1).
DOJI in Ho Chi Minh City 82.7 million VND/buy amount, 84.9 million VND/sell amount (up 100 thousand VND/buy amount; up 100,000 VND/sell amount compared to May 1) .
PNJ gold in Ho Chi Minh City and PNJ gold in Hanoi: 73.4 million VND/tael bought, 75.1 million VND/tael sold (down 400,000 VND/tael in both buying and selling compared to on May 1).
SJC gold price at Bao Tin Minh Chau Co., Ltd. was also traded by the business at 82.75 million VND/tael purchased; 84.75 million VND/tael sold (an increase of 150,000 VND/tael of afternoon tea purchased and an increase of 100,000 VND/tael of afternoon tea sold compared to May 1). As for Bao Tin Manh Hai, it is being traded at 82.65 million VND/tael bought – 84.60 million VND/tael sold (equal to the buying price and down 100,000 VND/tael sold compared to day 1). /5).
World gold prices recovered on May 2. At noon on May 2, the gold price was trading around 2,320 USD/ounce. Currently, the world gold price converted at the listed exchange rate is about 71.3 million VND/tael, about 3.8 million VND lower than gold rings and about 13.4 million VND/tael lower than SJC gold bars.
World gold prices increased sharply because the US Federal Reserve (Fed) continued to keep interest rates at the highest level in 23 years, as inflation continued to be high. At the same time, reject the possibility of increasing interest rates in June. Currently, reference interest rates in the US are at 5.25-5.5%, maintained from July 2023.
– Bitcoin falls through the $57,000 mark
Bitcoin did not receive much price momentum as monetary policy in the US continued to be tightened and negatively impacted the flow of risky investment capital.
According to data from CoinMarketCap, Bitcoin price continued to witness strong corrections, at times falling below the 57,000 USD/BTC mark. At the end of April, the world’s largest digital currency fell about 15%, the worst decline since November 2022, and was trading at its lowest level since late February.
Bitcoin’s plunge also caused 100,450 derivatives accounts to be liquidated with a total loss value of up to 365 million USD.
CNBC said that Bitcoin’s developments occurred in the context of the Fed’s decision to keep interest rates unchanged after the meeting in early May. Since July 2023, the US operating interest rate has always been in the range of 5.25-5, 5%.
“The macro backdrop is not favorable for assets that thrive on liquidity like cryptocurrencies. Tough regulatory policies have tightened liquidity since mid-April,” said Geoff Kendrick, head of digital assets research at Standard Chartered.
In the same vein, Zach Pandl, head of research at Grayscale Investments, said higher real interest rates have supported the USD and put pressure on Bitcoin over the past month.
https://www.worldysnews.com/business-news-3-5-gold-price-increasing/
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Happy Life Home Loan Success: Customers Apply for Full Credit Limit, Rudklao Shares Good News
“Rudklao” reveals good news: Happy Life Home Loan is a success. Customers have already applied for the full credit limit.
“Rudklao” reveals good news: Happy Life Home Loan is a success. Customers have already applied for the full credit limit.
Mrs. Radklao Inthawong Suwankiri, Deputy Spokesperson of the Prime Minister’s Office It was revealed that the Government Housing Bank (GH Bank) Encourage Thai people to have their own homes. and improve the quality of life of the people Maintain economic stimulation measures Through the real estate sector of the government of Mr. Settha Thavisin, Prime Minister, and in accordance with the policy of Mr. Kritsada Chinavicharana, the Deputy Minister of Finance. By increasing Happy Life’s loan limit by another 10,000 million baht, the interest rate for the first year is fixed at only 1.95% per annum after receiving responses from customers interested in applying for loans for the full first limit of 10,000 million baht. Those interested can apply for loans at bank branches across the country. Available from today until 28 June 2024 and complete legal action by 31 July 2024.
By Mr. Kamonpop Weerapala, Managing Director of the Government Housing Bank (GH Bank) revealed that after the bank created the Happy Life Home Loan in 2024, the credit limit is 10,000 million baht for the purchase of houses with a price of 2.5 million baht or more. You will receive a fixed interest rate in year 1 of 1.95% per annum, years 2 – 3 of 3.50% per annum (the average interest rate for the first 3 years is only 2.98%) and year 4 until the entire contract period . In the case of welfare customers, it is equal to MRR – 1.00% p.a.
For retail customers, it is equal to MRR – 0.50% per annum, and in the case of debt repayment, it is equal to MRR per annum (GH Bank’s MRR interest rate is currently 6.545% per annum is the maximum period of the loan). of years
As of May 2, 2024, 11,228 million baht of customers were applying for such loans, exceeding the prescribed credit limit of 10,000 million baht, reflecting that a large number of customers are interested.
Therefore, in order to continue the government policy of Mr Settha Thavisin, the Prime Minister and Mr Kritsada Chinavicharana, the Deputy Minister of Finance. Encourage Thai people to have their own homes. And to improve the quality of life of the people, GH Bank has therefore increased the Happy Life Home Loan Limit for 2024 from another 10,000 million baht to 20,000 million baht to continuously support the needs of customers.
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“Apart from being proud that the Happy Life Home Loan Project 2024 has been very successful because customers have applied for the full credit limit in less than a month, what is even more satisfying is that we know that we are on the right path. This success reflects the interest and desire of many Thai people who aspire to own their own home. The policies of the previous government up to the current one have continuously promoted people’s access to money to realize their dreams of owning a home. But we won’t stop here. We must continue. Expanding the credit limit Including thinking of new projects in the future to encourage Thai people to own their own homes. and improve the people’s quality of life,” said Deputy Speaker Radklao.
Interested people can apply for the Happy Life Home Loan 2024 from today until 28 June 2024 and complete legal steps by 31 July 2024 at bank branches across the country. For more information, contact all GH Bank branches nationwide, GH Bank Call Centre, Tel 0-2645-9000 or Facebook Fanpage, Government Housing Bank. And follow the bank’s news at Cais: GHB ALL GEN and www.ghbank.co.th
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Happy Life Home Loan Success: Customers Apply for Full Credit Limit, Rudklao Shares Good News