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Heavy metal: soaring gold price a crushing weight in Vietnam

Vietnamese gold holders see gains from a global price surge topping $5,000 an ounce while borrowers face tripled debts, challenging traditional gold mortgage and gifting customs.

Summary by InsideNoVA.com
From his newly built three-storey home outside Hanoi, Trinh Tat Thang has watched the surging global gold price with mounting dread.

2 Articles

South China Morning PostSouth China Morning Post
Center

‘I’m a billionaire now’: price boom thrills Vietnamese sitting on gold hoard

But the precious metal’s rally has also made wedding gifts unaffordable for many and upended an informal gold mortgage system.

·Hong Kong
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InsideNoVA.comInsideNoVA.com
Center

Heavy metal: soaring gold price a crushing weight in Vietnam

From his newly built three-storey home outside Hanoi, Trinh Tat Thang has watched the surging global gold price with mounting dread.

Read Full Article
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InsideNoVA.com broke the news in on Friday, January 30, 2026.
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