Gold prices increase

Gold ring price went up 0.08% to VND63 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Globally gold prices held steady on Wednesday, as investors refused to make big bets ahead of a key U.S. inflation print that could offer more clarity on when the Federal Reserve might begin cutting interest rates, Reuters reported.

Spot gold rose 0.1% to $2,031.30 per ounce, trading in a range of about $4.

U.S. gold futures rose 0.2% to $2,036.90 per ounce.

Bullion prices stood ground even as the dollar index ticked up and yields on 10-year U.S. Treasury notes remained above 4%.