VnExpress News The News Gateway of Vietnam
Saigon Jewelry Company gold bar price gained 0.26% to VND75.45 million ($3,037.85) per tael Friday morning, highest since Jan. 3.
Gold ring price rose 0.24% to VND63.25 million per tael. A tael equals 37.5 grams or 1.2 ounces.
Globally gold prices rose, supported by a softer dollar and escalating Middle East conflict lifting safe-haven appeal, but were set for a second weekly fall as traders reassessed hopes for early interest rate cuts in the United States, Reuters reported.
Spot gold was up 0.3% at $2,034.06 per ounce, as of 0231 GMT. However, it has fallen 0.6% so far in the week.
U.S. gold futures rose nearly 1% to $2,038.40.
The dollar index fell 0.1%, making bullion more attractive for buyers holding other currencies.
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