Is investment in gold is advisable?

In 1993, the gold price in Vietnam was Vietnamese dollar VND 4.72 million (US$185) per tael. By 2023, it surged to VND70 million—a 14.8x increase, averaging 9.4% yearly growth. By 2025, it hit VND100 million, marking a 21x rise, or 10% annual growth.

While gold hasn’t outpaced inflation (a basic banh mi jumped from VND500 to VND15,000—a 30x increase), it remains a stable savings tool.

Here’s my strategy: Every month, if I have VND10 million left after expenses, I buy a mace (1/10 tael) of gold instead of spending impulsively. This ensures disciplined savings while covering essentials.

Even if the gold price in Vietnam drops—say, from VND100 million to VND90 million—I keep buying. If it falls further to VND80 million, I may buy more to offset future price hikes. When gold rebounds to VND110 million, I can sell for profit if needed.

The key? Earn more, save consistently, and convert extra income into gold. Over time, this builds wealth for major goals—buying a home, supporting family, or securing financial freedom.

My parents lived modestly but saved diligently, avoiding debt for big expenses. Now, I follow their example.

This is Vietnamese experience courtesy international media 

In Pakistan gold prices remain as under: PKR 28,082.68
In January 1995 gold price per 10 grams was Rs. 3760, in January 1996 Rs. 4410, in 2001 Rs. 5050, in sep 2004 was Rs. 7690, in January 2009 was Rs. 21880, Jun-2012 was Rs. 48460, in Apr 2019 was 60485, in December 2024 was ₨ 304,614,