CaliToday (31/12/2025): The aftershocks of yesterday’s sudden plunge are still reverberating through Vietnam’s precious metals market on this final day of 2025. Following the sharp correction on December 30, trading sessions this morning opened with a complex mix of anxiety and opportunism.
Chaos on "Gold Streets" Despite the price drop, physical traffic at major jewelry hubs remains frenetic. On Tran Nhan Tong Street in Hanoi often dubbed the capital's "Gold Street" and the bustling jewelry quarters surrounding Ben Thanh Market in Ho Chi Minh City, counters are besieged by throngs of customers.
The Tug-of-War: Panic vs. Greed Investor sentiment is currently split into two aggressive camps. On one side, jittery holders are rushing to liquidate assets, fearing the downward momentum could bleed into early 2026, erasing the year’s record gains. They are desperate to lock in profits before the New Year bell rings.
On the opposing side, investors holding cash are circling like sharks, viewing the correction as a golden opportunity for "bottom fishing." Many are placing buy orders as prices hover around the psychological support zone of 152 million VND per tael, betting on a post-holiday rebound.
A "High-Risk" Warning Financial analysts, however, are urging extreme caution. Amidst the volatility, gold houses have widened the gap between buying and selling prices to a perilous 2 million VND per tael to hedge their own risks.
"With a spread this wide, short-term speculation—or 'surfing'—is a dangerous game right now," one analyst noted. "Investors could find themselves underwater the moment the transaction is signed."
CaliToday.Net