Silver prices plummet, many people leave because it is too difficult to buy

Phương Anh |

On December 30, silver prices plummeted. Many people came to stores to buy but could not because the business unit announced that they were out of stock.

According to Lao Dong reporters on December 30, domestic silver prices reversed and decreased. Many people continued to come to silver business stores in Hanoi to buy. However, most stores announced that they would temporarily stop selling.

Ngay 30.12, nhieu nguoi den cua hang vang bac da quy tai Ha Noi de mua bac. Anh: Phuong Anh
On December 30th, many people came to gold and silver jewelry stores in Hanoi to buy silver. Photo: Phuong Anh

At a silver business store on Tran Nhan Tong street (Hanoi), Mr. Bui Van Long (Hai Ba Trung ward, Hanoi) shared that he wants to buy silver to store, but for many days he has not been able to transact.

In the past few days, the store often announced a temporary suspension of sales just a few minutes after opening because there were too many customers queuing early. This morning they continued to open sales, I was present at 9:05 am when the staff reported that the shopping vouchers were sold out" - Mr. Long said.

Mr. Long added that currently the store only accepts transactions for people waiting inside and returns goods to customers who have pre-agreed 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. Hoang Van Giang (Ba Dinh ward, Hanoi) also had to return because he could not buy silver.

I intended to buy 2kg because gold is very difficult to buy now. The previous time, buying silver was quite easy, but recently many people switched to this channel, causing the store to run out of silver very quickly. I arrived at 9:30 am and was out of stock, many people here even came to wait from 6 am" - Mr. Giang shared.

Silver price update

As of 12:10 PM on December 30th, the price of 2024 Ancarat 999 silver bars (1 tael) at Ancarat Jewelry Company is listed at the threshold of 2.809 - 2.878 million VND/tael (buying - selling).

The price of 2025 Ancarat 999 (1kg) at Ancarat Jewelry Company is listed at 73.996 - 76.246 million VND/kg (buying - selling).

The price of Kim Phuc Loc 999 silver bars (1 tael) of Saigon Thuong Tin Bank Gold, Silver and Gems One Member Co., Ltd. (Sacombank-SBJ) is listed at the threshold of 2.856 - 2.931 million VND/tael (buying - selling).

At the same time, the price of 999 silver bars (1 tael) at Phu Quy Jewelry Group was listed at the threshold of 2.808 - 2.895 million VND/tael (buying - selling).

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

The price of 999 silver bars (1kg) at Phu Quy Jewelry Group is listed at the threshold of 74.879 - 77.199 million VND/kg (buying - selling).

On the world market, as of 12:07 PM on December 30 (Vietnam time), the world silver price was listed at 73.97 USD/ounce.

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

See more news related to silver prices HERE...

Phương Anh
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