Vietnam gold price edges down

By Dat Nguyen   July 28, 2025 | 10:05 pm PT
Vietnam gold price edges down
A person holds gold bars at a shop in Hanoi. Photo by VnExpress/Giang Huy
Vietnam gold price dropped marginally Tuesday morning while global rates showed little change.

Saigon Jewelry Company gold bar fell 0.08% to VND121 million (US$4,616.30) per tael.

Gold ring inched up 0.17% to VND116.9 million per tael.

Vietnam gold has risen 43.7% so far this year.

Globally gold prices were little changed on Tuesday, hovering near a three-week low, as easing fears of a global tariff war and a stronger dollar dampened bullion's safe-haven appeal, Reuters reported.

Spot gold held its ground at $3,311.33 per ounce. The precious metal hit its lowest level since July 9 in the previous session.

"Gold trading at circa $3,300 or below is still getting the attention of buyers. While short-term market dynamics courtesy of trade deals and a stronger USD aren't helping gold, looking further ahead there is still upside potential," KCM Trade Chief Market Analyst Tim Waterer told Reuters.

 
 
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