Global Oil Prices Rise, Gold Sees Modest Gain, While Vietnam Stocks Decline

Global oil prices edged higher on Monday, with Brent crude climbing nearly $1 to $95.93 per barrel and WTI crude also seeing gains to $95.29 per barrel. This rise comes as Iran reportedly considers a proposal for a deal with the U.S. to end conflicts, though direct communication with Washington has been limited in recent days.

On international markets, gold prices saw a modest increase, trading at $4,495 per ounce, up $15 from the previous day. Despite this rise, the price remains substantially lower than the domestic SJC gold price in Vietnam, which is about 14.5 million VND per tael higher. Silver prices held steady near $75 per ounce, showing no clear signs of recovery or significant downward pressure.

In contrast to the Vietnamese stock market's downturn, U.S. stock markets maintained their recent momentum. The Dow Jones Industrial Average rose 0.45%, the S&P 500 gained 0.13%, and the Nasdaq Composite saw a slight increase of 0.03% in the previous trading session.

Domestically, the Vietnamese stock market continued its downward trend, with the VN-Index falling for the sixth consecutive session. It lost 18.07 points, or 0.98%, to close at 1,826.47 points. The VN30 index also declined by 16.72 points, or 0.84%, settling at 1,972.99 points, falling below its May 2026 low.