This guide explains the gold price in Vietnam: how it is calculated, why it is quoted in Vietnamese dong (VND), which karats Vietnamese buyers choose, and where to buy gold. The first thing to know is the most important: there is no separate Vietnamese gold price. Gold trades at one global price per troy ounce, and the price in Vietnam is that global price converted into dong at the live USD/VND exchange rate. When the gold price in Vietnam moves, it is because the global spot price moved, the dong moved against the dollar, or both.
How the gold price in Vietnam is calculated
The calculation has two parts, both live numbers. First, the global spot price: gold trades worldwide at one price per troy ounce in US dollars, and one troy ounce is 31.1034768 grams — so dividing the spot price by 31.1034768 gives the price of one gram of pure (24K) gold in dollars.
Second, the exchange rate: that dollar price per gram is converted into dong at the live USD/VND rate, giving the gold price per gram. The same conversion gives the price per troy ounce and per kilogram in VND, and the karat fraction gives lower karats — 18K is 18/24 pure, so its price per gram is three quarters of the 24K price.
That is how the Gold Price in Vietnam page works: it takes the live USD spot gold price from AlyawmGold, converts it at the live VND rate, and shows the price per gram, per troy ounce and per kilogram in VND, refreshing about every 60 seconds — raw spot rates, before dealer charges.
Because the Vietnam price is a conversion, the exchange rate matters as much as the gold market: if the dong weakens against the dollar, the gold price in Vietnam rises even when the global price is flat; if the dong strengthens, the price falls.
The dong, the chỉ and the lượng
Vietnam’s currency is the dong (VND, symbolised ₫), and Vietnamese shops quote gold in units visitors from outside Asia may not know.
The small unit is the chỉ, 3.75 grams. The large unit is the lượng, also called a cây and translated as a tael: one lượng is 10 chỉ, or 37.5 grams of pure gold.
Gold is quoted per lượng (and per chỉ for small rings) as well as per gram: a plain 24K ring is sold by the chỉ, bars by the lượng, and “Western gold” — 10K, 14K and 18K jewellery — per gram. If one shop quotes per lượng and another per gram, use the Gold Price per Gram, Tola and Ounce Converter to put both on the same unit first.
Karats in Vietnam
In Vietnam, 24K gold — vàng 9999, 99.99% pure — is the standard for savings. The benchmark is the SJC bar, and the plain 24K ring (nhẫn trơn) is so common as a savings vehicle that it functions as a “wearable gold bar”, bought and sold by weight.
For decorative jewellery, 18K (75% pure, “vàng tây” or Western gold) and 14K are the standard, because pure 24K gold is too soft for intricate designs.
For pricing, 24K is the reference: the Gold Price in Vietnam page quotes 24K, and the price for 18K follows from the karat fraction — an 18K piece is worth the 24K price per gram multiplied by 18/24, a calculation the Gold Value Calculator does with the live price.
To check the pure-gold content of a piece, use the Gold Weight and Purity Calculator: enter the weight and the karat. A 10-gram piece of 18K gold holds 7.5 grams of pure gold.
Where to buy gold in Vietnam
Ben Thanh Market area, Ho Chi Minh City
The gold buying around Ben Thanh Market is in the gold shops ringing the market, notably on Lê Thánh Tôn and Nguyễn An Ninh — not inside the market itself, which sells souvenirs, textiles and food. The market building stands on Lê Lợi Street, Ben Thanh Ward, District 1, and the streets around it hold gold shop after gold shop — the best place in the city to compare several shops in one walk. View on Google Maps.
Lê Thánh Tôn gold-shop strip and Hà Tâm Jewelry, Ho Chi Minh City
The gold shops on Lê Thánh Tôn Street form the city’s best-known gold-shop strip. The anchor shop is Hà Tâm (Ha Tam) Jewelry, at 2 Nguyễn An Ninh, Ben Thanh Ward, District 1 — directly across the west entrance of Ben Thanh Market. Also on the strip is Ben Thanh Jewelry, at 166 Lê Thánh Tôn; the shops are a few steps apart, so comparing quotes takes minutes. View on Google Maps.
An Dong Market, Ho Chi Minh City
An Dong Market is a six-floor wholesale and retail market in Cholon (Chợ Lớn), District 5, and the city’s wholesale gold centre. Gold and silver jewellery are sold in the basement; fabrics, shoes, handbags and cosmetics fill the other floors. It stands on An Dương Vương Street, open daily from 6:00 AM to 6:00 PM. Gold stalls inside include Anh Tuấn An Đông Jewelry (An Dong Plaza, stalls TB 49–52, 18 An Dương Vương) and Tiệm Vàng Kim Hoàng Đạt (stall TB67, 18 An Dương Vương); a PNJ store stands immediately opposite at 5–7 An Dương Vương. View on Google Maps.
Hang Bac Street, Hanoi
Hang Bac Street, in the Old Quarter of Hanoi’s Hoan Kiem District, is the city’s historic goldsmith and silversmith street — literally “Silver Street”. Much of the jewellery here is handmade in small workshops at the back of the shops, and it is the best place in Hanoi for custom-made pieces. Its landmark is Kim Ngan Temple (Đình Kim Ngân), at 42 Hang Bac — the silversmiths’ guild hall and a registered cultural heritage site. Modern shops include Dot Dot Gem (140 and 173–175 Hang Bac) and Lajew (21 Hang Bac). There are no street-wide opening hours. View on Google Maps.
Two brands dominate Vietnamese gold. SJC (Saigon Jewelry Company), founded in 1988 and state-owned, has been the country’s official gold brand since 2012, when the State Bank of Vietnam selected it, and the SJC bar is the benchmark investment-grade bar; its head office and main store are at 418–420 Nguyễn Thị Minh Khai, Ward 5, District 3, Ho Chi Minh City. PNJ (Phu Nhuan Jewelry), founded on 28 April 1988, is Vietnam’s leading mid-range and high-end jewellery manufacturer and retailer. For an investment bar, ask for SJC; for a branded piece, PNJ is the name most Vietnamese buyers trust.
What you will actually pay
The price on the Gold Price in Vietnam page is the raw spot rate. The price you pay in a shop is usually higher, because shops add making charges, labour and their margin — the part of the price you can negotiate, since the spot price is the same for everyone.
Before you buy, work out the metal value with the Gold Value Calculator and compare it with the shop’s total price — the difference is what you are paying for craftsmanship, brand and the shop itself. Compare the total price of the same piece in two or three shops, not just the per-gram or per-chỉ rate.
Tax depends on what you buy. Gold jewellery is subject to 10% VAT, while investment gold bars are not taxed under VAT — one more reason a plain 24K bar or ring is the cheaper way to hold gold. Under Personal Income Tax Law No. 109/2025, a 0.1% tax on each transfer of gold bars applies from 1 July 2026; jewellery and raw gold are excluded.
Buying tips for Vietnam
- Check the live price on the day you buy, and value the piece first.
- Compare making charges across two or three shops — on the Lê Thánh Tôn strip, this takes minutes.
- Check the hallmark and karat — 24K is marked 9999, 18K is marked 750. If a piece is unmarked, have it tested first.
- Weigh the piece and check the pure-gold content — stones and clasps add weight without adding gold.
- Match the place to the purchase: SJC bars or a plain 9999 ring for savings, the Lê Thánh Tôn strip for quotes, Hang Bac Street for custom pieces.
- Remember the tax difference — jewellery carries 10% VAT, investment gold bars do not.
- Keep the receipt and certificate — you will need them to resell the piece.
For the live price, start at the ToolZana home page or the gold price in Vietnam.
Frequently Asked Questions
What is the gold price in Vietnam today?
On the Gold Price in Vietnam page, in VND — per gram, per troy ounce and per kilogram, with the last-updated time.
How is the gold price in Vietnam calculated?
From one global spot price per troy ounce in US dollars, converted into dong at the live USD/VND rate.
What is a lượng (tael) of gold in Vietnam?
One lượng, also called a cây and translated as a tael, is 10 chỉ, or 37.5 grams; one chỉ is 3.75 grams.
Which karat of gold is best to buy in Vietnam?
For savings, 24K gold (vàng 9999, 99.99% pure) — SJC bars and plain 9999 rings. For jewellery, 18K (75% pure) and 14K, because pure 24K is too soft.
Where is the best place to buy gold in Ho Chi Minh City?
The gold shops ringing Ben Thanh Market, on Lê Thánh Tôn and Nguyễn An Ninh — Hà Tâm Jewelry, at 2 Nguyễn An Ninh, is the best-known shop there. For wholesale, An Dong Market.
Where can I buy gold in Hanoi?
On Hang Bac Street in the Old Quarter of Hoan Kiem District — the historic “Silver Street”, and the best place in Hanoi for custom-made pieces.
What is the difference between the spot price and the shop price in Vietnam?
The spot price is the raw market rate; shops add making charges, labour and their margin, so the shop price is usually higher.
Is there VAT on gold in Vietnam?
Gold jewellery is subject to 10% VAT; investment gold bars are not taxed under VAT. A 0.1% tax on gold-bar transfers applies from 1 July 2026; jewellery and raw gold are excluded.
How do I calculate the value of my gold in Vietnam?
Enter the weight and karat in the Gold Value Calculator — it gives the metal value at the live price, before dealer charges.
Does the gold price in Vietnam differ by city?
No — one national derivation, the global spot price converted at the live USD/VND rate, covers the whole country.