Loading…
Spot gold fell by about $30 on Friday, dropping below $2,000 per ounce as Fed rate hikes reduced its appeal. Oil prices rose over the week, while the VN-Index fell and the dong was quoted at 23,634 per dollar.
Higher oil supports biofuel feedstock costs and vegetable oil prices, but this is routine market wrap with no new supply or demand shock.
vietnam.vnVietNamNetApr 22, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
