Infographic: Global gold prices plunge while domestic rates remain high on May 14
Global gold prices fell sharply on May 14, trading at 4,676.4 USD per ounce. In the domestic market, SJC gold bars and SJC gold rings remained at high levels, listed at 165 million VND per tael and 164.8 million VND per tael, respectively.
In the May 21 trading session, weakening liquidity, coupled with strong net selling by foreign investors across all three exchanges, placed significant pressure on Viet Nam’s stock market. The VN-Index fell by more than 16 points, as real estate and energy stocks declined sharply, while banking and retail shares emerged as rare bright spots in the session.