Domestic gold price is tending to increase sharply, while the scarcity of supply often takes place, causing the difference in world price at a high level. Experts say that international gold price will continue to go up, but investors need to be cautious with the potential risks in the short term.
In fact, the market shows that domestic gold price difference is always high, many times maintained over tens of millions of dong/tael. One of the main reasons is that the phenomenon of anhydrous supply takes place regularly. Despite the huge demand for gold, the market still records the situation that does not meet the demand, especially with SJC gold bar. Many people need to buy but have difficulty accessing the source of goods, making it affected in the market.
For gold rings, although not being tightly controlled like gold bars, this supply of gold is also showing signs of limitations, continuing to create pressure on the price.
PhD. Nguyen Tri Hieu - Economic Expert - said: "The scarcity of gold is a result of the policy that does not allow gold import for many years. The State Bank does not want to use foreign exchange reserves to import gold and gold and Also not licensed for any business. balance".
Forecasting the trend of gold price in the coming time, PhD. Nguyen Tri Hieu said that the world gold price is still on the rise. In 2025, the world gold price scenario reached US $ 3,000/ounce is entirely possible. According to him, this momentum mainly comes from the psychology of investors' concerns against global economic fluctuations. When geopolitical tensions escalate, gold becomes the first choice of investors as a safe shelter.
The expert forecasted that the domestic gold market continued to face two important factors: the world gold price maintained an increase trend and the domestic supply has not shown signs of improvement. If policies on gold imports do not change, domestic gold prices may still maintain a high difference compared to the world.
According to TS. Nguyen Tri Hieu, the gold market, recorded strong fluctuations when the price continuously increased in recent years, leading to the wave of profit closing of many investors. This trend reflects the change in trading psychology, when people no longer buy gold according to habits but increasingly interest in price and profit. The fact that many people sell after gold prices increased sharply, the market was not only a place to store assets, but also to become a popular investment channel.
This fact can cause the price of gold to adjust in the short term. “Trading history shows that after the hot spots at the beginning of the year, the gold market tends to decrease due to profit -taking pressure. With the current price, investors need to consider carefully before buying, especially those who intend to surf in a short time. ”
The expert recommends that those who buy gold for the purpose of holding for a long time for 6 months or more can be considered, but the purchase at this time to search for a fast profit is hidden huge risks.
The Prime Minister Pham Minh Chinh has just signed Directive No. 03/CT-TTg urging the performance of the key task after the Lunar New Year holiday of the Lunar New Year 2025.
The Prime Minister requested the State Bank of Vietnam to preside over and coordinate with agencies and localities to closely supervise and implement the gold market stabilization solutions; urgently summarizing, researching and proposing amendments and supplements to Decree No. 24/2012/ND-CP of March 3, 2012 on the management of gold business activities and submitted to the Government in the second quarter of 2025.
