Gold bar reaches new record

Gold ring price increased by 0.96% to VND94.3 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Globally gold prices edged up on Thursday as persisting uncertainty over tariffs drove safe-haven demand, while a cooler-than-expected U.S. inflation print supported the dollar by bolstering rate cuts expectations, Reuters reported.

Spot gold gained 0.1% to $2,934.08 an ounce while U.S. gold futures eased 0.1% to $2,943.70.

"I think $3,000 is the next logical target, likely to be reached sometime over the next several months," said Marex analyst Edward Meir.