Gold prices gain

Gold ring price remained steady at VND57.35 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Globally gold prices fell to a one-week low on Friday, and are on track for a weekly dip, weighed down by a stronger dollar and an uptick in U.S. bond yields, Reuters reported.

Spot gold was 0.3% lower at $2,010.57 per ounce after falling as much as 0.7% earlier in the session.

U.S. gold futures fell 0.2% to $2,015.80.

The dollar rose to one-month peak and is heading for its biggest weekly gain since February, making bullion less attractive for buyers holding other currencies.

Higher 10-year Treasury yields further dimmed zero-interest bullion’s appeal.