Minh Hiếu

Saigon Jewelry Company gold bar price rose another 0.35% to VND145.4 million (US$5,526.62) per tael after climbing 4.7% earlier in the session, bringing gains for the day to 5.05%. Local prices are still down roughly 3% so far this week and around VND11.5 million per tael higher than global rates. Gold ring price saw a 5.06% increase on Friday to VND145.3 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Saigon Jewelry Company gold bar price climbed 4.7% to VND144.9 million (US$5,502.59) per tael after declining in several sessions earlier this week. A tael equals 37.5 grams or 1.2 ounces. But local bullion rates are still down 3.52% for the week and 5.2% from the start of the year. They are around VND11 million per tael higher than global prices. Gold ring price also surged 4.7% to VND144.8 million per tael on Friday.

Vietcombank sold the greenback at VND26,412, a 0.008% gain from Thursday. The currency rose 0.02% to around VND26,332 on the black market. The State Bank of Vietnam increased its reference rate by 0.008% to VND25,155. Globally, the dollar found its footing in early trading on Friday, after sliding to its weakest in a week as traders parsed reports that a ceasefire deal in the Middle East could be imminent, Reuters reported. Against the yen, the U.S. currency was up 0.1% at 160.07 yen.