Gold is set to drop to the lowest
level since 2010 after forming a symmetrical triangle, according
to technical analysis by Bank of America Corp. SEE MORE Vietnam’s five-year government bond
yield dropped the most in two months on speculation falling borrowing
costs and weak credit growth are buoying demand. The dong was little
changed. SEE MORE The Finance Ministry is calling for comments on a proposal to raise
the tax on mining iron ore, titanium, gold, copper and several other
minerals by 3 to 10 percentage points. SEE MORE Gold rebounded to trade above $1,400
an ounce as equities retreated and the dollar’s rally halted,
boosting demand for the metal as a store of value. Silver,
platinum and palladium increased. SEE MORE Vietnamese inflation slowed to its
weakest pace in eight months in May, official data showed on Friday, in
the latest sign that the economy is cooling. SEE MORE