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.

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.

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?