In 2025, silver prices broke the historic 1980 peak, surging by more than 166% and at one point reaching USD 83.62 per ounce. However, a sharp correction of over 9% toward the end of December served as a clear reminder to investors of silver’s famously volatile, “untamed horse” nature.

Allowing enterprises to change the use of proceeds from a bond offering with the approval of holders representing more than 65% of outstanding bonds not only enables proactive handling of difficulties and reduces the risk of defaults, but also helps “unshackle” and revitalize the bond market.

Speaking at the seminar “Vietnam’s Gold Market: Opportunities and Challenges in the New Phase,” co-organized by Kinh tế & Đô thị Newspaper and the Hanoi Gold and Silver Fine Arts Association on the afternoon of November 24, Mr. Trần Trọng Đức, CEO of Virtus Prosperity, said that he had studied materials from COMEX (under CME Group), which compile operational experience from the world’s two largest gold markets: COMEX and the Shanghai Gold Exchange (SGE).

The Vietnam Association of Financial Investors (VAFI) has recently proposed imposing a 10% value-added tax (VAT) on gold bullion and jewelry sales, aiming to help stabilize the domestic gold market.

After a prolonged period of stagnation, the southern property market is showing clear signs of recovery, particularly in Ho Chi Minh City and nearby provinces such as Binh Duong, Dong Nai, and Long An.

Rising by nearly 170% in 2025 and at one point reaching its highest level since 1980, silver emerged as the “star” of the global precious metals market. Nevertheless, the sharp correction toward the end of the year served as a clear warning of the metal’s high volatility as it enters 2026.

The study of establishing a gold exchange has once again been brought to the table for discussion, as the market has undergone significant changes after more than a decade. Experts caution that Viet Nam must clearly identify the appropriate operating model, particularly by drawing a clear distinction between physical gold and price-difference–based trading instruments to avoid repeating past risks and to lay the foundation for a transparent and stable market.

Although the number of stock trading accounts in Vietnam has surpassed 11 million - far exceeding the target initially set for 2030,  the market capitalization still falls short of this year’s goal of reaching 100% of GDP, currently standing at around USD 340 billion.

Global gold prices have entered a sharp correction phase after an extended rally, recording the steepest decline in 12 years, raising concerns that the long-running uptrend may have come to an end.

Global gold prices are undergoing the sharpest correction in over a decade following an extended surge. From a record high of USD 4,380 per ounce, the precious metal has plunged to around USD 3,915 per ounce, marking the largest drop in 12 years.
This dramatic movement has left investors questioning: Has gold’s remarkable bull run finally reached its end?