Vietnam’s benchmark VN-Index gained 0.15% to 1,241.95 points on May 6, highest since April 2. The index closed 1.9 points higher after Monday’s surge of 13.8 points.
Global gold prices posted a second straight week of gains following a sharp decline, closing the week at 4,676 USD per ounce. Most analysts expect prices to move sideways, while retail investors remain optimistic about the precious metal’s short-term outlook. Meanwhile, SJC gold bars ended the week at 174.5 million VND per tael.