Gold prices gain

Gold ring price was stable at VND57.9 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Globally gold prices edged higher on Friday, helped by a slight pullback in the dollar and bond yields as investors digested a still hawkish stance from the Federal Reserve, Reuters reported.

Spot gold rose 0.3% to $1,925.21 per ounce following three sessions of losses. U.S. gold futures settled 0.3% higher at $1,945.60 per ounce.

The dollar retreated from a six-month peak against a basket of major currencies, making gold less expensive for other currency holders, while benchmark 10-year Treasury yields slipped from 16-year highs.