Gold prices go up a little

The price of gold at Saigon Jewelry Company went up 0.27% to VND146.4 million per tael. A tael is 37.5 grams or 1.2 ounces of gold.

The price of a gold ring stayed the same at VND146.4 million per tael. Gold prices in Vietnam have gone down 4.2% this year.

Gold prices went up over 1% on Tuesday. This happened because investors were thinking about how the US and Iran might resolve their conflict. This could affect oil prices and what the US Federal Reserve does with interest rates.

The price of gold right now is $4,071.59 per ounce. Gold prices for delivery in August went up 1.5% to $4,076.00.

Ilya Spivak said, 'Gold is trying to find a base around $4,000 and will try to go up from there.' He is the head of global macro at Tastylive.

News from the Middle East is having some effect, but people are not paying much attention to it anymore.

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