Gold prices step up

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.