Saigon Jewelry Company gold bar price went up 0.25% to VND118.3 million (US$4,560.52) per tael.

Gold ring price held firm at VND114 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Globally, gold prices rose on Wednesday, as investors bought on the dip, although gains were capped by easing U.S.-EU trade tensions, with the market now awaiting the upcoming U.S. core Personal Consumption Expenditures report for interest rate clues, Reuters reported.

Spot gold was up 0.3% at $3,308.99 an ounce, slightly recovering from a 1% decline in the previous session. U.S. gold futures rose 0.2% to $3,308.30.

“Gold’s dip below $3300 saw it attracting some buyers. However, the broader market is still feeling generally upbeat now that US-EU trade tensions have eased, which is capping the extent of gold’s upside run for now,” said Tim Waterer, chief market analyst, KCM Trade.

“If support in the $3,250-$3,280 region continues to hold, then gold is well-placed for potentially another run towards $3,400 if risk appetite fades.”