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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp last week

The extraordinary run-up in gold prices has brought unexpected windfalls to millions of Vietnamese, but it has also made traditional wedding gifts unaffordable and all but ended the informal gold mortgage system. https://www.japantimes.co.jp/business/2026/01/30/markets/vietnam-soaring-gold-crushing-weight/?utm_medium=Social&utm_source=mastodon #business #markets #vietnam #gold #debt #banks

The Japan Times

Heavy metal: Soaring gold price a crushing weight in Vietnam

The extraordinary run-up in gold prices has brought an unexpected windfall to many Vietnamese, but at a cost that weighs heavily for many.
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