Gold Prices on the Rise

In a recent update, the price of gold rings has seen an increase of 0.32%, reaching VND92.6 million per tael. It's important to note that a tael is equivalent to 37.5 grams or 1.2 ounces.

Global Market Trends

On the global stage, gold prices have remained steady at $2,924.11 per ounce. Investors and traders are closely watching the upcoming U.S. non-farm payrolls report, expected this Friday, for insights into the Federal Reserve's policy direction, as reported by Reuters.

Oil Market Fluctuations

Meanwhile, the oil market is attempting to recover after a challenging week. Factors such as an unexpected surge in U.S. crude stocks, OPEC+ strategies to boost production, and U.S. tariffs on essential oil supplies have contributed to the volatility. Brent futures are currently near a three-year low, a level it hit just this Wednesday.