Gold prices gain

Saigon Jewelry Company gold bar price gained 0.38% to VND185.3 million (US$7,090.80) per tael. Other sellers quoted the same rate.

Gold ring price went up by the same rate to VND184.8 million per tael. A tael equals 37.5 grams or 1.2 ounces.

Customers buying gold at a store in Hanoi on the morning of Feb. 25, 2026. Photo by VnExpress/Trong Hieu

With the God of Wealth Day coming on Thursday, long queues formed this morning outside several well-known jewelry shops in Hanoi as people lined up to buy gold.

Purchasing the precious metal during this occasion is believed to bring good fortune throughout the year.

Globally, gold prices climbed on Wednesday as investors flocked to the safe-haven metal during Asian trading, amid uncertainty over U.S. tariffs following the U.S. Supreme Court's ruling that struck down a swathe of President Donald Trump's measures, Reuters reported.

Spot gold was up 0.7% at $5,181.95 per ounce. Bullion ended the previous session down more than 1% as investors locked in profits after gold hit a three-week high earlier in the day. U.S. gold futures for April delivery were up 0.5% at $5,200.40.

Gold may stabilize around a support of $5,140 per ounce, and retest the resistance at $5,244, Reuters technical analyst Wang Tao said, adding that the immediate resistance is at $5,205; a break above may lead to a gain into the $5,221 to $5,244 range.