Southeast Asian Consumers Turn to Gold as Economic Shield

Amid growing economic uncertainty and currency instability in Southeast Asia, consumers in Vietnam and Thailand are flocking to buy gold as a safeguard against inflation and currency devaluation. This surge in demand, driven by fears of economic instability and geopolitical tensions, has led to long queues outside banks and rising gold prices in the region. Experts view this trend as a protective measure against the weakening of local currencies against the US dollar and the impact of inflation on purchasing power.