The most read Vietnamese newspaper
Edition: International | Vietnamese
© Copyright 1997 VnExpress.net. All rights reserved.
It plunged 2.45% to a three-week low of VND79.7 million on Friday.
Gold ring price was steady at VND69.1 million per tael. A tael equals 37.5 grams or 1.2 ounces.
Gold dipped on Friday as the dollar strengthened, but was on track for a weekly gain after rallying to a record high in the previous session in the wake of the U.S. Federal Reserve’s rate cut plans, according to CNBC.
Spot gold was down 0.7% at $2,166.57 per ounce. Prices hit a record high on Thursday after the Federal Reserve indicated it still intended to cut rates three times this year.
U.S. gold futures settled 1.1% lower at $2,160.
