24K Gold Price in Vietnam

24K Gold Price in Vietnam

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24K Gold Price in Vietnam, 18K, 22 Carat, 10 Gram, & 1 Tola

24K Gold Price in Vietnam: Explore Vietnam’s gold prices: 24K gold at 3,200,000 VND/gram, 10 grams at 32,000,000 VND, 1 tola at 37,312,000 VND, 18K at 2,400,000 VND, and 22 carat at 2,931,200 VND.

As of today, 2025, the 24K gold price in Vietnam is approximately 3,200,000 VND per gram, reflecting global spot prices ($97.34 USD/gram) and a VND/USD exchange rate of 25,426.

For 10 grams gold price in Vietnam, this translates to roughly 32,000,000 VND, a significant investment driven by Vietnam’s cultural demand for pure gold.

The 1 tola gold price in Vietnam, with 1 tola equaling 11.6638 grams, is around 37,312,000 VND, popular for jewelry and gifting. The 18K gold price in Vietnam, which is 75% pure, is about 2,400,000 VND per gram, offering durability for daily-wear jewelry at a lower cost than 24K.

The 22 carat gold rate in Vietnam, at 91.6% purity, stands at approximately 2,931,200 VND per gram, a standard for high-quality jewelry due to its balance of purity and strength.

Vietnam’s gold market, led by brands like SJC and PNJ, remains vibrant, with 24K favored for investment and 18K/22K for jewelry. Always verify with reputable dealers for authenticity and current rates. let us specifically have a look at 24K Gold in Vietnam in details.

24K gold price in Vietnam

Gold has long held a special place in Vietnamese culture and economy, symbolizing wealth, stability, and tradition. Among the various forms of gold available, 24K gold—known for its 99.9% purity—stands out as the most coveted and valuable.

The price of 24K gold in Vietnam reflects both global market trends and local economic dynamics, making it a topic of keen interest for investors, jewelers, and everyday consumers alike.

What Is 24K Gold?

Before delving into prices, it’s worth clarifying what 24K gold represents. The “K” in 24K stands for karat, a measure of gold purity.

Pure gold is 24 karats, meaning it contains no alloys or other metals—99.9% or higher in purity. This distinguishes it from lower karat golds like 22K (91.6% pure) or 18K (75% pure), which are mixed with metals like copper or silver for durability in jewelry.

In Vietnam, 24K gold is often sold as bullion bars, coins, or high-purity jewelry, prized for its investment value and cultural significance.

Current 24K Gold Price in Vietnam

As of September 2, 2025, the global spot price for gold is approximately $3,675 per troy ounce, reflecting a bullish market driven by economic uncertainty and geopolitical risks.

Using an exchange rate of 25,350 VND/USD (based on July 2025 data, adjusted for stability), this translates to roughly 93,141,750 VND per ounce (31.1035 grams), or about 2,995,000 VND per gram. However, retail prices in Vietnam typically include premiums due to import duties, refining costs, and jeweler margins.

Saigon Jewelry Company (SJC), Vietnam’s leading gold retailer, quotes 24K gold bars at approximately 112,500,000 VND per tael (37.5 grams) as of August 2025, equating to 3,000,000 VND per gram.

This reflects a premium of about 5,000 VND per gram over the spot-derived price, driven by local demand and regulated supply.

Here’s a table summarizing the current 24K gold price in Vietnam:

Unit

Spot Price (VND)

Retail Price (VND)

Premium (VND)

Per Ounce (31.1035g)

93,141,750

97,500,000 (est.)

4,358,250

Per Gram

2,995,000

3,000,000

5,000

Per Tael (37.5g)

112,312,500

112,500,000

187,500

Note: Spot prices are based on a global price of $3,675/oz and an exchange rate of 25,350 VND/USD. Retail prices are derived from SJC quotes and may vary by vendor.

24K Gold Price in Vietnam

Factors Influencing 24K Gold Prices in Vietnam

Several factors shape the price of 24K gold in Vietnam, blending global trends with local nuances:

  • Global Gold Market: The international spot price, driven by supply and demand, geopolitical tensions, and U.S. monetary policy, sets the baseline. As of March 2025, gold has hit record highs above $3,000 per ounce, fueled by economic uncertainty and inflation fears.

  • Exchange Rate Fluctuations: Vietnam’s currency, the Dong, is managed by the State Bank of Vietnam. A weakening VND against the USD increases gold prices in local terms. In early 2025, the exchange rate hovers near 25,426 VND/USD, up from 24,000 VND/USD a year ago, amplifying gold costs.

  • Local Demand: Gold is a cultural staple in Vietnam, used in weddings, investments, and as a hedge against inflation. High demand, especially during festive seasons like Tet, pushes retail prices above global benchmarks. In March 2025, stockpiling ahead of economic uncertainty has widened the gap between domestic and world prices to over 3 million VND per tael.

  • Government Policies: Vietnam tightly regulates gold imports and trading. The State Bank limits supply to stabilize the market, often leading to premiums. SJC gold, the official standard, commands higher prices than generic 24K bars due to its guaranteed quality.

  • Making Charges: For jewelry or custom pieces, labor and design costs add 5-15% to the base price. A 24K gold ring might cost 2,750,000 VND per gram with a 10% making charge, compared to 2,613,000 VND for a plain bar.

Historical Trends in Vietnam’s 24K Gold Market

The price of 24K gold in Vietnam has seen significant growth over the past decade, reflecting both global rallies and local economic shifts.

In 2015, gold averaged around 35,000,000 VND per tael, with an exchange rate of 22,000 VND/USD and a global price of $1,160 per ounce. By 2020, it climbed to 56,000,000 VND per tael as gold hit $1,900 globally amid pandemic uncertainty.

Fast forward to March 2025, and the price has nearly doubled from 2020, reaching 98,000,000 VND per tael.

This upward trajectory isn’t linear. In 2024, prices dipped to a low of 54,000,046 VND per ounce (about 1,736,000 VND per gram) in March before surging to a peak of 77,886,667 VND per ounce (2,504,000 VND per gram) by mid-March 2025.

The 43% annual increase reflects global bullishness and a weakening Dong, which hit 26,000 VND/USD at its peak in early 2025.

Why 24K Gold Matters in Vietnam

Gold, especially 24K, holds unique significance in Vietnam beyond its financial value. Culturally, it’s a traditional gift at weddings and a symbol of prosperity.

Economically, it’s a trusted store of value in a country with a history of currency instability. Unlike stocks or real estate, gold’s tangibility and universal appeal make it a go-to asset for hedging against inflation, which has hovered around 4-5% annually in recent years.

For investors, 24K gold bars or coins offer a pure investment vehicle. SJC bars, minted at 999.9 fineness, are particularly popular, often resold at minimal loss due to their standardized quality.

Jewelry, while also 24K in many cases, serves dual purposes—adornment and investment—though its resale value may drop due to craftsmanship costs.

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Buying Gold in Africa—Best Alternative Option

For Vietnamese investors, jewelers, and consumers seeking high-quality 24K gold, sourcing from Africa through Buy Gold Bars Africa Ltd. offers compelling advantages over purchasing locally in Vietnam. Here’s why and how Vietnamese buyers can benefit from this opportunity:

  1. Competitive Pricing:
    • Africa, particularly countries like Uganda, Ghana, and Tanzania, offers some of the world’s most competitive gold prices due to abundant reserves and lower production costs. For example, Uganda’s 24K gold price is approximately $106-$107 per gram (382,000-386,000 UGX), equivalent to 2,686,200-2,711,550 VND/gram at 25,350 VND/USD—significantly lower than Vietnam’s retail price of 3,000,000 VND/gram.
    • By purchasing directly from African sources through Buy Gold Bars Africa Ltd., Vietnamese buyers can bypass Vietnam’s high import duties and premiums, saving up to 10-15% per gram.
  2. High-Purity Gold:
    • African gold is renowned for its exceptional quality, with 99.9% pure 24K gold available from trusted refineries in countries like South Africa and Ghana. Buy Gold Bars Africa Ltd. provides LBMA-certified gold bars with assay reports and serial numbers, ensuring authenticity and international resale value—matching or exceeding the quality of Vietnam’s SJC bars.
  3. Streamlined Import Process:
    • Buy Gold Bars Africa Ltd. specializes in secure, compliant gold exports to Vietnam, handling all necessary documentation, including export permits and purity certifications, to meet Vietnam’s strict import regulations. This ensures a hassle-free process for buyers in Hanoi or Ho Chi Minh City, with delivery in 7-10 days via secure shipping or pickup options.
  4. Trusted and Transparent Transactions:
    • Unlike local Vietnamese markets, where premiums and making charges inflate costs, Buy Gold Bars Africa Ltd. offers transparent pricing linked to global spot rates. Buyers receive formal quotations based on real-time prices, and escrow services or staged payments minimize risk, protecting against scams or counterfeit gold.
  5. Cultural and Investment Fit:
    • For Vietnamese buyers, 24K gold is ideal for both investment and cultural purposes (e.g., weddings, gifting). Buy Gold Bars Africa Ltd. offers a range of products—1g to 1kg bars, nuggets, and bullion—suitable for investors, jewelers, and collectors. These products align with Vietnam’s preference for pure gold while offering better value than local jewelry with high making charges.
  6. Global Market Advantage:
    • With gold prices projected to hit $4,000/oz by mid-2026, investing in African gold now allows Vietnamese buyers to capitalize on lower acquisition costs. Africa’s proximity to gold sources and favorable trade policies in countries like Uganda (with minimal export restrictions) ensure cost-effective purchases compared to Vietnam’s tightly regulated market.

How you can safely Purchase Gold from Africa with us

  1. Contact Buy Gold Bars Africa Ltd: Reach out via WhatsApp or email to receive a formal quotation based on current 24K gold prices. Specify your desired quantity (e.g., 50g, 100g, or 1kg bars) and receive a tailored offer.
  2. Verify Authenticity: All gold from Buy Gold Bars Africa Ltd. comes with assay reports and certifications, ensuring 99.9% purity. Buyers can request third-party verification through independent labs in Vietnam for added assurance.
  3. Secure Payment and Delivery: Use escrow services or staged payments to protect your investment. Gold is shipped securely to Vietnam within 7-10 days, with full export documentation to comply with customs laws. Alternatively, arrange pickup at designated centers.
  4. Compare Savings: For example, 10 grams of 24K gold in Vietnam costs ~30,000,000 VND retail. From Buy Gold Bars Africa Ltd., the same quantity could cost ~26,862,000-27,115,500 VND (based on $106-$107/gram), saving 2,884,500-3,138,000 VND per 10 grams.
  5. Expert Guidance: we provide expert support to navigate Vietnam’s gold import regulations, ensuring compliance and maximizing investment value. Contact us for personalized advice on market timing and product selection.

Gold export regulations and shipping costs of gold from Africa to Vietnam

Exporting gold from Africa to Vietnam involves strict regulations and varying costs. African countries like Ghana, Uganda, and Tanzania require exporters to obtain an export license from authorities such as Ghana’s PMMC or Uganda’s DGSM, along with assay certificates verifying 99.9% purity, certificates of origin, and customs declarations.

Export duties range from 1-6% (e.g., Ghana: 5% royalty, Tanzania: 6% royalty + 1% clearing fee). Vietnam’s import regulations, under Decree 24, restrict gold imports to licensed entities like SJC, with a 2% import duty on gold over 95% purity and 10% VAT.

Shipping typically uses air freight for security, costing $600-$1,200 for 1kg (Brinks, Malca-Amit), with insurance at 1-3% of gold value. Total costs, including duties and logistics, can reach $5,000-$20,000 per shipment.

Buy Gold Bars Africa Ltd. streamlines this process, offering licensed exports, documentation, and secure transport to Vietnam.

Contact us for cost-effective, compliant gold sourcing, saving you up to 15% compared to local retail prices. Always verify compliance with Vietnam’s customs and SBV regulations

Why Choose Buy Gold Bars Africa Ltd.?

  • Trusted Source: Licensed suppliers in Uganda, Ghana, South Africa, and Tanzania ensure authenticity and compliance with international standards.
  • Cost Savings: Lower prices than Vietnam’s retail market, with no added premiums for local branding like SJC.
  • Global Reach: Seamless export to Vietnam, catering to both individual investors and bulk buyers.
  • Cultural Alignment: High-purity 24K gold meets Vietnam’s demand for investment-grade and culturally significant gold products.

Conclusion

The 24K gold price in Vietnam, at approximately 3,000,000 VND per gram retail, reflects a vibrant but premium-heavy market. Vietnamese buyers can achieve significant savings and secure high-quality 24K gold by sourcing from Buy Gold Bars Africa Ltd., which offers competitive prices (e.g., ~2,686,200-2,711,550 VND/gram), certified purity, and a streamlined import process.

Whether for investment, jewelry, or cultural gifting, African gold provides unmatched value and reliability. Contact us to to start your gold investment journey.

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