VOV.VN - Vietnam’s domestic gold prices have tumbled sharply after a brief but dramatic rally to record highs, mirroring a steep fall in global prices and leaving many buyers who rushed in at peak levels facing heavy losses.

Vietnam’s newly issued Decree 340e/2025/NĐ-CP on gold trading management is being hailed by experts as a necessary step to restore order in the precious metals market, even as misinformation about the law has triggered public unease and stirred an unexpected surge in silver demand.

VOV.VN - Gold prices in Vietnam surged on January 21,surpassing VND170 million (US$6,700) per tael mark, tracking a sharp rally in global markets driven by heightened geopolitical tensions and strong safe-haven demand.

The State Bank of Vietnam (SBV) plans to raise the end-of-day gold position limit for credit institutions authorised to produce, export and import gold from 2% to 5% of their charter capital, a move expected to give banks more flexibility in supplying gold to the market.

VOV.VN - Domestic prices of gold bars and rings again rose to historic peaks on the morning of October 16 as global rates keep going up.

VOV.VN - Domestic gold prices in Vietnam skyrocketed to a historic high, surpassing VND145 million per tael on the morning of October 14, following a sharp rally in global gold prices that pushed the metal above US$4,135 per ounce.

VOV.VN - SJC gold bars reached new peaks on the morning of October 6, trading near VND140 million per tael as global bullion prices surpassed US$3,900 an ounce for the first time.

VOV.VN - The domestic gold market continued to fall sharply on September 12, with gold bar prices dropping by VND3.8 million per tael for buying and VND2.5 million for selling compared to the previous day.

VOV.VN - Last week, Vietnam’s gold market witnessed unprecedented developments as SJC gold bars soared above VND135 million per tael, setting a new record and leaving far behind the converted price from the global market.

VOV.VN - Domestic gold prices in Vietnam soared to a record high on the morning of September 5, defying a drop in global gold rates.