Gold prices step up

By Dat Nguyen   January 25, 2024 | 11:54 pm PT
Gold prices step up
A person holds gold jewelry at a shop in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Saigon Jewelry Company gold bar price went up 0.39% to VND76.75 million ($3,118.01) per tael.

Gold ring price rose 0.08% to VND63.95 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Globally gold prices were set for their second consecutive weekly fall in the face of a resilient U.S. economy that kept the dollar near multi-week highs, while the focus shifted to a key inflation print due later in the day, Reuters reported.

Spot gold was little changed at $2,022.87 per ounce. U.S. gold futures rose 0.3% to $2,022.70. Both have lost 0.3% so far this week.

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