Gold tumbles to 12-day low

Gold ring price dropped 0.39% to VND61.15 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Gold prices experienced a slight increase during Tuesday’s Asian trading session, distancing from the three-week low in the vicinity of the $1,976-1,975 range reached on the previous day, according to financial news platform FXStreet.

However, this rise does not demonstrate significant buying momentum or strong bullish sentiment, as traders appear hesitant to make bold directional investments, it added.