Gold prices gain little

Gold ring price dropped 0.31% to VND64.5 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Globally gold price moves slightly lower on Tuesday after halting its three-day winning streak, inching lower to near $2,018 per troy ounce during the Asian trading hours, according to financial data platform FXStreet.

The value of gold faces difficulties as the U.S. dollar strengthens, largely due to rising U.S. bond yields.

This increase in bond yields places downward pressure on assets that do not yield, such as gold.