Silver prices drop, many people are looking to buy but stores stop selling

Phương Anh | 15/10/2025 12:04

On October 15, silver prices fell. Many people go to stores to buy but cannot make transactions because the business unit limits sales.

Recorded by Lao Dong reporter on October 15, domestic silver prices reversed and decreased. Many people continue to go to silver shops in Hanoi to buy. However, most of the stores have announced that they have temporarily stopped selling.

Ngay 15.10, nhieu nguoi den cua hang vang bac da quy tai Ha Noi de mua bac. Anh: Phuong Anh — On October 15, many people came to a jewelry store in Hanoi to buy silver. Photo: Phuong Anh

At a silver shop on Tran Nhan Tong Street (Hanoi), Ms. Pham Thi Lan (Hai Ba Trung Ward, Hanoi) said that she wanted to buy silver to save money but had not been able to buy it for many days.

"On October 10, the store announced a temporary suspension of sales. By October 14, when it reopened, each person could only buy a maximum of 5kg of silver, but I still could not buy. This morning they continued to sell, and at 9:05 a.m., the staff said they were out of stock," said Ms. Lan.

Ms. Lan said that currently, the store only accepts transactions for those waiting inside and returns goods to customers with pre-arranged invoices.

Nhieu nguoi phai bo ve vi cua hang tam ngung ban bac. Anh: Phuong Anh — Many people had to leave because the store temporarily stopped selling silver. Photo: Phuong Anh

Similarly, Mr. Luong Xuan Nam (Ba Dinh ward, Hanoi) also had to return because he could not buy silver.

"I plan to buy 2kg because it is very difficult to buy gold at the moment. In the past, buying silver was quite easy, but recently many people have switched to this channel, causing the store to run out of silver quickly. Today, they have a maximum of 5kg for each person, but when I arrived, we were out of stock" - Mr. Nam shared.

Gan day nhieu nguoi tim den bac nhu mot kenh thay the khi qua kho mua vang. Tuy nhien, do nhu cau tang cao, nhieu cua hang bac dang phai tra hang cham, tham chi dung nhan don hang moi. Anh: Thuy Van — Recently, many people have come to silver as an alternative when it is too difficult to buy gold. However, due to increased demand, many silver shops are having to pay late, even stopping receiving new orders. Photo: Phuong Anh

Updated silver price

As of 10:55 on October 15, the price of 2024 Ancarat 999 silver bars (1 tael) at Ancarat Metallurgy Company was listed at 2,000 - 2.038 million VND/tael (buy - sell); down 11,000 VND/tael in both directions compared to yesterday morning.

The price of 999 Ancarat 999 (1kg) of silver bars at Ancarat Metallurgy Company was listed at 52.316 - 53.766 million VND/kg (buy - sell); down 294,000 VND/kg in both directions compared to yesterday morning.

The price of 999 gold bars of Saigon Thuong Tin Bank Gold and Gemstone Company Limited (Sacombank-SBJ) was listed at 2.010 - 2.061 million VND/tael (buy - sell); down 33,000 VND/tael in both directions compared to yesterday morning.

At the same time, the price of 999 999 coins (1 tael) at Phu Quy Jewelry Group was listed at 1,990 - 2.052 million VND/tael (buy - sell); down 46,000 VND/tael for buying and down 47,000 VND/tael for selling compared to yesterday morning.

Dien bien gia bac trong nuoc nhung phien gan day. Bieu do: Phuong Anh — Domestic silver price developments in recent sessions. Chart: Phuong Anh

The price of 999 taels (1kg) at Phu Quy Jewelry Group was listed at 53,066 - 54.719 million VND/kg (buy - sell); down 1.227 million VND/kg for buying and down 1.254 million VND/kg for selling compared to yesterday morning.

On the world market, as of 11:00 on October 15 (Vietnam time), the world silver price was listed at 52.15 USD/ounce.