Gold prices slip

Gold ring price rose 0.52% to VND76.9 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Globally gold prices ticked up on Tuesday, not too far away from a record high hit last week, as concerns about rising geopolitical tensions between Iran and Israel propped up demand for the safe-haven metal, Reuters reported.

Spot gold was up 0.2% at $2,387.11 per ounce after hitting an all-time high of $2,431.29 on Friday. U.S. gold futures rose 0.9% at $2,403.90.