VOV.VN - Vietnam’s demand for gold bars and coins fell by 15% year-on-year to 12 tonnes in the first quarter of 2025, according to the World Gold Council (WGC).

The gold demand in Vietnam slumped significantly in the third quarter of this year as the sharp price rise deterred fresh buying, while the world’s total gold demand touched record high, according to the Q3 gold demand trends research recently published by the World Gold Council.

VOV.VN - Vietnam consumed nearly 55.5 tonnes of gold jewelry in 2023, down 6% compared to the previous year, according to the World Gold Council (WGC).

In its recent report, the World Gold Council said demand for gold in Vietnam shrank 9% in the second quarter year on year due to the economic difficulties.

Demand for gold in Vietnam fell by 12% year-on-year in the first quarter to 17.2 tonnes, according to the latest Gold Demand Trends report from the World Gold Council.

Vietnamese’s gold demand was estimated to total 12 tonnes of jewellery, bars and coins in the third quarter of this year, representing a rise of 264% year-on-year, according to the latest report by the World Gold Council.

VOV.VN - Local consumption demand for gold during the third quarter of the year reached 12 tonnes, marking an increase of 264% compared to the same period from last year, according to the latest report from the World Gold Council (WGC).