What is the current status of the gold market and the factors affecting a jump in prices? Exness specialist Michael Stark The main factors aren’t really technical, they’re actually almost entirely fundamental. With most major central banks having cut rates to zero or nearly zero, the traditional factor against buying gold, meaning that it doesn’t pay interest to holders, is negated. While there’s no evidence yet that record low rates and record high quantitative easing (QE) in most major economies are causing a significant uptick in inflation, traditionally you’d expect to see inflation increase in such an environment. This makes people want to buy gold as a hedge against lower purchasing power of their savings. Furthermore, the new money created by QE in March and April initially went only into shares, but since May it has been clear that other markets like gold and crypto are also receiving inflows of fresh liquidity. The other important factor apart from … [Read more...] about The factors influencing the future of investment in gold
Salgado gold taschen
Gold rush on the God of Wealth Day
At 6.30 am, the jewelry shop in Tran Nhan Tong street opens for buyers, 4-5 people are allowed to come in at a time. Buyers therefore trying to push one another to get into the shop Frustration seen on the buyers' face Tickets issued by the jewelry are useless in this case Bodyguards working hard to keep buyers in order Popular products including rings in 3.75 gram, 7.5 gram and 37.5 gram The spirit animal of the year, the Dog, also a good sale on the day 3.75 gram of gold on the day sold at VND3.75 million ($170.45) (1 tael = VND37.5 million ($1,704.5) It's a belief among many Asian families that buying gold on the God of Wealth Day can secure luck and good business during year On the 10th of January, almost all gold merchants are overloaded, with buyers queuing as early as 6 AM to wait for the shops to open. Bodyguards are seen having breakfast in front of the shop to … [Read more...] about Gold rush on the God of Wealth Day
Hanoi student bags gold medal at Int’l Math-Science Olympiad
The Hanoitimes - The International Mathematics and Science Olympiad is an annual competition for students under the age of 13 worldwide to promote their interest in mathematics and science. Hanoi students bagged two gold medals at the 17th International Mathematics and Science Olympiad (IMSO 2021), the Hanoi’s Department of Education and Training announced at the closing ceremony in Hanoi on January 24. Candidates in the science team. Photo: Trung Kien Nguyen Tung Lam from Giang Vo Secondary School in Hanoi and Ha Manh Hung from Hanoi-Amsterdam High School were named at the closing ceremony after winning a gold medal each in mathematics. Vietnamese students won ten silver and eight bronze medals in both mathematics and science. All the medal winners, 20 out of 24 contestants, were secondary school students in Hanoi. The 17th IMSO was hosted online by Indonesia between January 21 and 24. Participants ftook the tests in their own countries within a … [Read more...] about Hanoi student bags gold medal at Int’l Math-Science Olympiad
Hanoi students win three gold medals at 16th IJSO
The Hanoitimes - Three gold medal winners are all 10th-grade students of Hanoi Amsterdam High School for the Gifted. Hanoi students representing Vietnam bagged three gold medals at the 16th International Junior Science Olympiad (IJSO 2019) that ended on December 12 in Doha, Qatar, according to the municipal Department of Education and Training. Three gold medal winners are Dam Gia Bao, Nguyen Tri Duc and Cao Thuy An, all 10th-grade students of Hanoi Amsterdam High School for the Gifted. Vietnamese students win three gold medals and three silver medals at the 16th IJSO. Photo: infonet Besides, other Vietnamese students who won three silver medals at were Dang Minh Trung and Nguyen Hoang Trung, 10th-grade students of Hanoi Amsterdam High School for the Gifted, and Nguyen Dinh Hieu, 10th-grade student of Hanoi’s Nguyen Hue High School. This is the 9th year the Hanoi Department of Education and Training was assigned by the Ministry of Education and Training … [Read more...] about Hanoi students win three gold medals at 16th IJSO
Hanoi student bags gold medal at Informatics Olympiad
The Hanoitimes - With these achievements, the Vietnamese team ranked 9th among 87 countries and territories competing at the 2020 IOI. All four Hanoi students competing at the 2020 International Olympiad in Informatics (IOI) have bagged medals, including one gold, according to the Ministry of Education and Training. All four Vietnamese students competing at the 2020 IOI win medals. Photo: Vietnamnet Bui Hong Duc, a 12th grader from High School for Gifted Students of the Hanoi University of Science under Vietnam National University, won the gold medal. Duc also won a gold medal at last year's competition. Vu Hoang Kien, a 12th grader, and Le Quang Huy, an 11th grader from High School for Gifted Students of the Hanoi University of Science under Vietnam National University, secured silver medals. Tran Quang Thanh, a 12th grader from High School for Gifted Students of the Hanoi National University of Education, won a bronze medal. With these achievements, … [Read more...] about Hanoi student bags gold medal at Informatics Olympiad