Gold Prices Hit Record High at 122 Million VND: Investment Guide for Young Investors 2025

Gold prices surging to 122 million VND - a two-month high - have left many young investors facing a difficult choice: should they invest now or wait patiently for the right moment? This figure, recorded in early July 2025, doesn't just reflect the volatility of precious metals, but also contains important messages about market psychology and investment direction for the younger generation.

The 11 Million VND Gap: Why Are Vietnamese Willing to Pay Such High Premiums?

The most notable aspect of this price surge is the gap of up to 11 million VND between domestic gold bar prices and international gold prices. To put this in perspective, if the global gold price is 111 million VND per tael (according to Kitco prices on July 22), you're paying about 10% more than the international rate to own physical gold domestically.

This gap, known in financial terms as a "premium," typically fluctuates between 10-14% depending on the brand and trading time. High premiums reflect the scarcity of domestic gold bar supply and the anxiety driving many people to hoard gold. According to reports from the World Gold Council, Vietnam's gold demand in recent months has increased strongly, showing that investor psychology toward this "traditional channel" remains remarkably resilient.

From a market psychology perspective, when Vietnamese people are willing to accept such high premiums, it demonstrates that confidence in gold as an asset preservation channel remains very strong. However, for young people with limited capital, the question remains: should they "jump in" at this time?

Behind the Gold Wave: How Do US Trade Policies Impact the Market?

The factor driving precious metal prices sharply higher this past week has been uncertainties surrounding new trade policies and tariffs from the US. According to analysis from Goldman Sachs, the market is repricing geopolitical and trade risks, making safe-haven assets like gold more attractive.