Consumption during the week: Gold and pork prices plummeted; while prices of vegetables and fruits increased simultaneously

Published 2020년 6월 6일

Tridge summary

Gold prices have seen a significant drop due to positive employment data in the US and the relaxation of quarantine orders in New York City. This has led to an increase in stock investments, resulting in a decrease in gold demand. In contrast, durian prices in the Mekong Delta have increased due to a reduced supply and the high taste of the fruit. However, leaders in Tien Giang province are planning to transport water to durian plantations to prevent a potential shortage. Prolonged hot weather has led to a sharp increase in green vegetable prices, with some vegetables seeing a fourfold increase compared to the winter-spring crop. This is due to quick drying and reduced harvesting times.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Tieudung.vn) - Market prices this week: Gold prices, pork prices fell sharply; while prices of vegetables, lobster and fruit simultaneously increased. Gold price dropped sharply At the end of the week, the world gold price traded at Asia market is around 1,685 USD / oz, also dropping strongly by 30 USD / oz compared to the same time this morning. Gold price plummeted. The reason for the world gold price's plunge is that the US job figures in May have just been published beyond the guesses of experts. With over 2 million people returning to work in May, only 13% were unemployed, a sharp decline compared to over 20% of the previous forecast. New York City has relaxed its quarantine order due to the Covid-19 epidemic. Along with that, the US had a first day without any deaths due to the disease. Along with information on the disease, positive employment data has led investors to boost the sale of shelter assets to invest in stocks. So gold plunged and stocks gained strongly. Last ...

Source: tieudung