Gold Ring Prices Experience Significant Increase

The price of gold rings has seen a notable rise, increasing by 0.50% to VND100.7 million per tael. It's important to note that a tael is equivalent to 37.5 grams or 1.2 ounces.

Global Gold Prices Reach Unprecedented Levels

On a global scale, gold prices have surged to a record high this Friday. This surge is attributed to investors turning to gold as a safe-haven asset amidst growing fears of a global trade war, sparked by the latest tariffs imposed by U.S. President Donald Trump, as reported by Reuters.

Spot gold witnessed a 0.6% increase, reaching $3,074.43 an ounce, after peaking at its eighteenth record high this year at $3,086.70 earlier in the trading session.

Bullion on Track for Fourth Consecutive Weekly Gain

Bullion has seen a 1.7% increase this week, marking its path towards a fourth straight weekly gain, underscoring the strong investor confidence in gold during these uncertain times.