Gold price inches up

Gold ring price gained 0.66% to VND91.5 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Globally gold prices edged down on Tuesday as market participants exercised caution and braced for U.S. President Donald Trump's tariffs on Canada, Mexico, and China to go into effect within hours, Reuters reported.

Spot gold edged down 0.3% to $2,885.40 an ounce. U.S. gold futures eased 0.2% to $2,895.40.

"This pull back is part of a broader shake-out in markets that could drive prices into the $2,700s before the primary uptrend continues," Capital.com's financial market analyst Kyle Rodda said.