Domestic gold prices continue to rise against global market trend on November 28
World gold prices on November 28 decreased slightly to 4,171.1 USD/ounce. Domestically, SJC gold bar prices increased by 800,000 VND to trade at 154.2 million VND/tael, while gold rings increased by 700,000 VND to 151.9 million VND/tael.
Reforms to trading infrastructure, operational mechanisms and the legal framework are helping Viet Nam’s capital market move closer to international standards. According to UBS Bank, the reform process is progressing in a substantive and measurable manner, reinforcing investor confidence in the market’s upgrade prospects in the near future.