Gold prices rise

By Do Huong   December 4, 2022 | 07:38 pm PT
Gold prices rise
Gold bars from the vault of a bank are seen in this illustration picture taken in Zurich November 20, 2014. Photo by Reuters
Prices of gold bars branded SJC increased 0.3% from the weekend to VND67.15 million ($2,749) per tael on Monday.

Selling prices of gold rings also increased 0.18% to VND54.4 million per tael. A tael is equal to 37.5 grams or 1.2 ounces.

Globally, gold prices edged up on Monday and hovered near the key $1,800-level, as a softer U.S. dollar made the greenback-priced bullion cheaper for buyers holding other currencies.

Spot gold rose 0.1% to $1,800.02 per ounce as of 0027 GMT. Prices hit their highest level since Aug. 10 at $1,804.46 in the previous session.

U.S. gold futures were up 0.2% at $1,812.60, according to CNBC.

The dollar index was down 0.1%.

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