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Saigon Jewelry Company gold bar price slid 0.2% to VND149.7 million (US$5,735.85) per tael, but is still up 1.42% for the week.
Gold ring price also dipped 0.2% to VND149.2 million per tael. A tael equals 37.5 grams or 1.2 ounces.
Globally, gold slipped on Friday as market participants awaited closely watched remarks from Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium, Reuters reported.
Spot gold fell 0.5% to $4,576.30 per ounce after hitting a more than three-month high earlier this week. U.S. gold futures eased 0.8% to $4,629.00.
Fed officials shared their concerns about the U.S. inflation landscape on Thursday, as central bankers gathered in Jackson Hole. Their comments came a day after data showed that the Personal Consumption Expenditures price index, the Fed's main inflation gauge, stood at 3.7% in the 12 months through July.
Despite its role as an inflation hedge, gold tends to lose appeal in a high interest rate environment as it offers no yield.
But gold remains supported by improving participation in exchange-traded funds and futures, along with concerns over U.S. fiscal credibility and continued official-sector buying, though risks of a consolidation persist, OCBC precious metals strategist Christopher Wong said in a note.
