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Gold ring price went down 0.7% to VND84.1 million per tael. A tael equals 37.5 grams or 1.2 ounces.
Globally, gold prices snapped a four-session rally to fall on Monday, pressured by a firmer U.S. dollar and profit-taking, while investors awaited key U.S. economic data for cues on the Federal Reserve's monetary policy outlook, Reuters reported.
Spot gold fell 0.7% to $2,636.38 per ounce. U.S. gold futures edged 0.8% lower to $2,658.80.
"The yellow metal has been facing some profit-taking lately as market participants unwind some of the geopolitical risk premium, alongside the strength in the U.S. dollar," said IG market strategist Yeap Jun Rong.
The dollar index gained 0.5%, making bullion costlier for holders of other currency.
Gold prices slipped over 3% in November to register its worst monthly performance since September 2023 as the prospect of higher tariffs under the incoming Donald Trump administration to keep interest rates higher for longer loomed. Higher rates dull the non-yielding bullion's appeal.
