Commodities
Vietnam Gold Price Rises Amid Global Market Uncertainty
The gold price in Vietnam rose on Friday morning as global bullion rates headed for their third consecutive weekly gain.
Saigon Jewelry Company's gold bar price increased by 0.7% to VND172.7 million (US$6,558.08) per tael, while other sellers adjusted their prices similarly.
The gold ring price jumped 0.82% to VND172.4 million per tael.
Globally, gold dipped on Friday due to a firmer dollar and U.S.-Iran ceasefire uncertainty, but the metal remained on course for a third consecutive weekly climb as investors priced in earlier and deeper U.S. rate cuts, supporting non-yielding bullion.