Global gold prices rise, Vietnam stocks near 1,800 points

Global oil prices showed a slight upward trend on June 16 (Vietnam time) after a significant drop the previous day. Brent crude traded at $83.66 per barrel, and WTI crude hovered around $81.29 per barrel. The energy market had previously cooled following news of a peace agreement between the US and Iran, slated for signing on June 19 in Geneva. Details of the agreement remain undisclosed, but initial reports suggested the US would lift sanctions on Tehran and reopen the Strait of Hormuz without tolls. However, Iran later indicated a desire to impose service fees on vessels transiting the strait.

The US dollar weakened, with the DXY index falling below 100 to 99.66 points, as Middle East tensions eased. This depreciation supported a rally in precious metals. In recent trading, spot gold prices surged by approximately $150 per ounce, reaching $4,370 per ounce, a high not seen since June 5. However, this gain narrowed considerably by the end of the session as buying interest waned. The world's largest gold fund, SPDR Gold Trust, continued its net selling trend, pushing spot gold prices down to $4,315 per ounce on the morning of June 16.

Wall Street experienced a strong rally on June 15, driven by positive developments concerning the US-Iran conflict. The Nasdaq Composite led the gains with a 3.07% increase, followed by the S&P 500, which rose 1.65%. The Dow Jones Industrial Average advanced 468.77 points, or 0.92%, setting a new historical high.

In Vietnam, the VN-Index closed up 7.66 points, or 0.43%, at 1,799.31 points, hovering around the psychological 1,800-point mark. The VN30 index performed better, gaining 18.12 points, or 0.93%, to reach 1,962.48 points, trading above its 200-day moving average support. In corporate news, Xuân Cầu Holdings successfully acquired 8.58 million shares of Viwaseen (VIW), becoming a major shareholder with a 14.79% stake. The transaction, valued at approximately 256 billion VND based on the June 10 closing price, was for long-term investment. Vinaconex (VCG) also reported purchasing over 2.2 million shares of Giầy Thượng Đình (GTD) via negotiation on June 12, 2026.