Silver prices increase, buy 2 taels and you have to wait until next year to get your hands on

Phương Anh | 07/11/2025 16:42

On November 7, silver prices continued to increase. In Hanoi, some people have to wait a few months to receive silver after placing an order.

On November 7, domestic silver prices increased simultaneously. According to Lao Dong reporters at some silver shops in Hanoi, buying silver is quite easy. However, in some places, customers have to wait a few months to receive the goods after placing an order.

Ngay 7.11, tai mot so cua hang kinh doanh o Ha Noi, viec giao dich bac dien ra nhanh chong. Anh: Phuong Anh — On November 7, at some gold and silver stores in Hanoi, silver transactions took place quickly. Photo: Phuong Anh

At a gold and silver shop on Tran Nhan Tong Street (Hanoi), Ms. Nguyen Thai An (Hai Ba Trung Ward, Hanoi) said: "I used to buy gold as savings, but it is very difficult to buy gold now, so I have switched to silver. I just bought 2 taels. This store is selling unlimitedly and the transaction is also fast. However, after payment, customers have to wait a few months to get the goods".

Ms. An said that the invoice she bought today was scheduled to be returned in March 2026.

Vang kho mua, nhieu nguoi chuyen sang bac. Anh: Phuong Anh — Gold is hard to buy, many people turn to silver. Photo: Phuong Anh

Similarly, Mr. Le Manh Toan (Bach Mai ward, Hanoi) does not have to wait in line but can quickly buy silver.

"Two weeks ago, I had to queue up to buy silver but could only buy a maximum of 5 kg, the store also promised to pay later. However, today, buying silver is easier, the store sells unlimitedly and will return the goods in March 2026" - Mr. Toan said.

Bac thoi, bac mieng tich tru la nhung mat hang duoc nhieu nguoi ua chuong. Anh: Phuong Anh — Silver bars and silver bars are popular with many people. Photo: Phuong Anh

Updated silver price

As of 11:00 on November 7, the price of 2024 Ancarat 999 silver bars (1 tael) at Ancarat Metallurgy Company was listed at 1.844 - 1.886 million VND/tael (buy - sell); an increase of 15,000 VND/tael in both directions compared to yesterday morning.

The price of 999 Ancarat 999 (1kg) at Ancarat Petrochemical Company was listed at 48.494 - 49.844 million VND/kg (buy - sell); an increase of 380,000 VND/kg for buying and an increase of 400,000 VND/kg for selling 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 1.836 - 1.884 million VND/tael (buy - sell); an increase of 15,000 VND/tael in both directions compared to yesterday morning.

At the same time, the price of 999 coins (1 tael) at Phu Quy Jewelry Group was listed at 1.847 - 1.904 million VND/tael (buy - sell); an increase of 17,000 VND/tael in both directions 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 49.253 - 50.773 million VND/kg (buy - sell); an increase of 454,000 VND/kg in both directions compared to yesterday morning.

On the world market, as of 11:10 on November 7 (Vietnam time), the world silver price was listed at 48.25 USD/ounce; up 0.47 USD compared to yesterday morning.