Gold prices edge higher in Vietnam

By Dat Nguyen   November 9, 2025 | 08:47 pm PT Google Get VnExpress first in Google Search info See more of the news you trust. Make VnExpress a preferred source to prioritise our updates in your Google search results
Gold prices edge higher in Vietnam
Gold bars seen at a shop in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Vietnam gold prices rose Monday morning amid a hike in the value of the precious metal globally, driven by U.S. economic outlook uncertainties.

Saigon Jewelry Company gold bar went up 0.81% to VND149.6 million (US$5,687.69) per tael.

Gold ring increased by 0.96% to VND147.2 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Vietnam gold price has risen 78% since the beginning of the year.

Gold price rose 1.3% to around $4,050 during the Asian trading hours on Monday. The precious metal edges higher amid uncertainty over the U.S. economic outlook, according to financial data platform FXStreet.

Traders increased their wagers on a potential U.S. interest rate cut after the release of weaker-than-expected private employment data and a pessimistic University of Michigan Consumer Sentiment Index survey.

A lower interest rate environment could lessen the opportunity cost of holding gold, thereby providing support for the non-yield-bearing precious metal.

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