At 9:30 AM on March 31, domestic gold prices in Vietnam hit record highs, driven by global gold price surges and investor demand for safe-haven assets.
Latest Gold Prices in Vietnam
| Type of Gold | Buy Price (VND/tael) | Sell Price (VND/tael) | Increase (VND/tael) |
|---|---|---|---|
| Doji Gold Bars | 99.2 million | 101.2 million | +800,000 (buy) / +500,000 (sell) |
| Doji Gold Rings | 98.9 million | 101.2 million | +500,000 |
| Bao Tin Minh Chau Gold Bars | 99.3 million | 101.3 million | – |
1 tael = 37.5 grams
This marks the highest recorded gold price in Vietnam so far.
Global Gold Prices Continue to Surge
Kitco listed gold at $3,091 per ounce on March 31, up $5 per ounce from the previous day.
Gold has broken through $3,000 per ounce, fueled by:
Strong demand from central banks, Chinese consumers, and North American investors
US tariff policies stoking fears of a global trade war
Market uncertainty, pushing investors toward safe-haven assets
Investment Outlook & Risks
Expert Insights
Gold prices in Vietnam tend to rise faster than global prices, due to psychological factors and market control by the State Bank.
SJC gold is unlikely to reach 110-115 million VND/tael in the short term.
Investment risk is high as gold prices are at peak levels, and a correction is possible.
Long-term Outlook
Gold remains a viable investment until the end of 2025, but timing is key for maximizing returns.
At current record-high prices, short-term profits may be low, and investors may face a long wait for significant gains.
Final Takeaway
For investors: Caution is advised at current peak levels.
For gold buyers: Expect continued volatility in prices.
For the long term: Gold is still a valuable asset, but strategic buying and selling are crucial for maximizing returns.
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