Gold ring price gained 0.20% to VND75.2 million per tael. A tael equals 37.5 grams or 1.2 ounces.
Globally gold inched down 0.05% to $2,322.00 per ounce as of 10:15 a.m.
George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors, said that the gold market could see some volatility after last week’s monetary policy decision created some confusion in the marketplace.
"There's a very good possibility, given that historically, the kind of macroeconomic and geopolitical background that we're experiencing right now has always been very favorable for gold," George Milling-Stanley, chief gold strategist at State Street Global Advisors, told Kitco News.