The most read Vietnamese newspaper
Edition: International | Vietnamese
© Copyright 1997 VnExpress.net. All rights reserved.
Get VnExpress first in Google Search
See more of the news you trust. Make VnExpress a preferred source to prioritise our updates in your Google search results
Saigon Jewelry Company gold bar went up 0.49% to VND144 million (US$5,507.01) per tael. A tael equals 37.5 grams or 1.2 ounces.
Gold ring added 0.35% to VND144.5 million per tael. Gold prices in Vietnam have fallen 5.8% so far this year.
Globally gold advanced on Friday and was headed for a weekly gain, buoyed by a weaker dollar after in-line U.S. inflation readings this week tipped the scales in favor of an interest rate hold by the Federal Reserve next month, Reuters reported.
 |
|
A person holds gold jewelry in a shop in HCMC. Photo by VnExpress/Thanh Tung |
Spot gold was up 0.7% at $4,379.95 per ounce. Prices declined 1.3% in the previous session on profit-taking after touching their highest level since June 5. Bullion is up around 0.9% for the week so far.
"The lower U.S. dollar index is a friendly outside market that's supporting gold today," said Jim Wyckoff, a market analyst at American Gold Exchange.
