Silver prices drop, stores are bustling with customers

    Phương Anh |

    Silver prices on September 18 fell sharply, attracting many buyers. Although many people took advantage of the money, the stores still announced late delivery due to limited supply.

    Recorded by Lao Dong reporter at 11:00 on September 18, domestic silver prices continued to fall sharply. Many silver shops in Hanoi are bustling with customers. Many people choose to spend money to buy as savings when prices drop.

    Ngay 18.9, nhieu nguoi den cua hang vang bac da quy tai Ha Noi de mua bac. Anh: Phuong Anh
    On September 18, many people came to a jewelry store in Hanoi to buy silver. Photo: Phuong Anh

    At a silver shop on Cau Giay Street, Hanoi, Ms. Do Thu Ha (Nghia Do Ward, Hanoi) shared: "I want to buy metal as an asset to save money, but it is difficult to buy gold, so I have to switch to silver".

    Ms. Ha said that currently, if you want to buy silver, you have to wait in line, but the waiting time is not as long as buying gold. According to her, silver prices are in a reasonable area for gradual accumulation, especially as long-term forecasts still show that this metal still has potential for price increase.

    Nhieu nguoi cho rang, vang qua kho mua nen chuyen sang mua bac. Anh: Phuong Anh
    Many people think that gold is difficult to buy, so they have shifted to silver. Photo: Phuong Anh

    Similarly, Mr. Ta Van Luan (Tu Liem ward, Hanoi) said that in early September he bought 1kg of silver, but now the price continues to decrease, so he decided to buy more.

    "On September 10, I bought 1kg of silver, the store scheduled to pick it up next month, on October 15. Today, I just bought an additional 1kg, the store announced that I would receive the goods on November 15" - Mr. Luan said.

    Mr. Luan said that if the silver price continues to fall, he will continue to spend money to buy more in the coming days.

    Tiem vang tap nap khach cho giao dich. Anh: Phuong Anh
    The gambling den is crowded with customers waiting for transactions. Photo: Phuong Anh

    Updated silver price

    As of 11:30 a.m. on September 18, the price of 2024 Ancarat 999 silver bars (1 tael) at Ancarat Metallurgy Company was listed at 1.583 - 1.621 million VND/tael (buy - sell).

    The price of 2024 Ancarat 999 (1kg) silver bars at Ancarat Metallurgy Company was listed at 42.214 - 43.226 million VND/kg (buy - sell).

    The price of 999 999 Ancarat silver bars (1kg) at Ancarat Metallurgy Company is listed at 41.546 - 42.646 million VND/kg (buy - sell).

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

    At the same time, the price of 999 999 coins (1 tael) at Phu Quy Jewelry Group was listed at 1.592 - 1.641 million VND/tael (buy - sell); down 24,000 VND/tael for buying and down 25,000 VND/tael for selling compared to yesterday morning.

    The price of 999 taels of silver (1kg) at Phu Quy Jewelry Group was listed at 42.453 - 43.759 million VND/kg (buy - sell); down 640,000 VND/kg for buying and down 677,000 VND/kg for selling compared to yesterday morning.

    Dien bien gia bac the gioi nhung phien gan day. Bieu do: Phuong Anh
    World silver price developments in recent sessions. Chart: Phuong Anh

    On the world market, as of 11:40 a.m. on September 17 (Vietnam time), the world silver price was listed at 41.38 USD/ounce.

    See more news related to silver prices HERE...

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