Gold price today 1/3: Gold price is on track to the lowest of the year

Gold prices inched slightly this morning but ended February with the biggest drop since June 2021, as the possibility of the US Federal Reserve (Fed) continuing to raise interest rates reduced the attractiveness of the asset. not as profitable as gold. Domestic gold price reversed and increased slightly to nearly 67 million VND/tael. Gold price … Read more

Germany: Deutsche Bank achieves biggest profit in 15 years | Finance

Deutsche Bank headquarters in Frankfurt, Germany. (Photo: AFP/VNA) Germany’s Deutsche Bank on February 2 announced its 2022 business results, recording its highest annual profit since 2007 thanks to high interest rates and efforts to cut costs. According to the report, in 2022, Deutsche Bank achieved a net profit of 5.03 billion euros ($5.5 billion), up … Read more

The European Central Bank continues to raise the basic interest rate by 0.5% | Finance

100 euro denomination coin in Rome, Italy. (Photo: AFP/VNA) February 2nd, European Central Bank (ECB) decided to raise the basic interest rate in the euro area (Eurozone) add 0.5%. This is the bank’s fifth consecutive interest rate hike. After the above decision, the three main interest rates of the ECB, the refinancing rate, the lending … Read more

Gold prices in Asia increased slightly in the afternoon session of January 30 | Business

A gold shop in Ahmedabad (India). (Photo: AFP/VNA) Gold price in Asia slightly increased in the afternoon session of January 30, while investors waited for signals from major central banks and the US Federal Reserve (Fed). Spot gold price rose 0.2 percent to $1,931.07 per ounce at 14:17 (Vietnam time). US gold futures delivery rose … Read more

ECB ready to raise interest rates by 50 basis points in February and March | Finance

ECB headquarters in Frankfurt am Main, Germany. (Photo: AFP/VNA) In an interview with Dutch television channel WNL on January 22, Klaas Knot, a member of the Board of Governors of the European Central Bank (ECB), said that the ECB is ready to interest rate hike 50 basis points in February and March 2023, and will … Read more

The Central Bank raises the interest rate by 2% on deposits and lending

The Central Bank of Egypt said in a statement today that the global economy has faced many shocks and challenges that it has not witnessed for years, as global markets have recently been exposed to the spread of the Corona pandemic and closure policies, then the Russian-Ukrainian conflict ensued, which had severe economic repercussions, and … Read more

Al-Ahly Bank issues a platinum certificate for 3 years with an annual return of 17.25%

Al-Ahly Bank stated – in a statement today, Thursday, that the bank’s Assets and Liabilities Committee decided to increase the interest rate on the 3-year platinum certificate with a monthly return, to become at a return of 16% annually instead of 14%, starting today, for new or automatically renewed certificates. The bank also issued the … Read more