Vietnam's benchmark VN-Index rose 1.02% to 1,223.35 points on April 24, highest since April 15. The index closed 12.35 points higher after gaining 13.87 points in the previous session.
Global gold prices fell sharply on May 23, trading at 4,506.9 USD per ounce, as rising energy prices put pressure on global inflation, thereby strengthening the possibility that the Fed will keep interest rates high. In the domestic market, SJC gold bars and rings continued to decline, quoted at 161.5 million VND per tael and 161 million VND per tael, respectively.