Gold price edges higher

By Dat Nguyen   March 5, 2025 | 09:02 pm PT
Gold price edges higher
A person holds gold jewelry at a shop in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam Saigon Jewelry Company gold bar price gained 0.32% to VND93 million (US$3,654.37) per tael Thursday morning.

Gold ring price rose 0.32% to VND92.6 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Globally gold prices were steady at $2,924.11 per ounce as traders await the U.S. non-farm payrolls report on Friday for cues on the Federal Reserve's policy path, Reuters reported.

Oil prices tried to catch a break after stumbling in the previous sessions this week, undermined by a larger than expected jump in U.S. crude stocks, OPEC+ plans to increase output, and U.S. tariffs on key oil supplies.

Brent futures hovered close to an over three-year low it touched on Wednesday.

 
 
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