Silver prices increase sharply, many stores temporarily stop selling

Phương Anh |

On December 27, the price of silver bars and gold bars skyrocketed. Many stores temporarily stopped selling, causing many people to not be able to buy and have to return.

According to Lao Dong reporters on December 27, domestic silver prices maintained a strong upward momentum. Many people came to silver business stores in Hanoi to buy. However, most stores announced that they would temporarily stop selling.

Ngay 27.12, nhieu nguoi co nhu cau mua bac nhung khong duoc vi cua hang tam dung ban ra. Anh: Phuong Anh
On December 27, many people wanted to buy silver but could not because the store temporarily stopped selling. Photo: Phuong Anh

At a silver business on Tran Nhan Tong street (Hanoi), Ms. Nguyen Tuyet Mai (Hai Ba Trung ward, Hanoi) said that she has a need to buy silver as a savings asset, but today she came to the store and could not buy it.

Yesterday I just came to buy 5 taels of silver, the store promised to return the goods on April 10, 2026. Today I decided to come to buy more but they announced they were out of stock. The staff also did not say when they would be back, so I had to go home" - Ms. Mai said.

Ms. Mai added that if customers have a need to sell, the store will still trade normally.

Gan day nhieu nguoi tim den bac nhu mot kenh thay the khi qua kho mua vang. Anh: Phuong Anh
Recently, many people have turned to silver as an alternative channel when it is too difficult to buy gold. Photo: Phuong Anh

Similarly, Ms. Pham Thi Linh Anh (Vinh Thanh commune, Hanoi) also wanted to buy silver but had to return because the store temporarily stopped selling.

The store only accepts transactions with customers who need to sell silver or return goods to people who have purchased invoices, made appointments in advance. They did not announce when they would sell, so I left" - Ms. Linh Anh said.

Silver price update

As of 12:10 PM on December 27, the price of 2024 Ancarat 999 silver bars (1 tael) at Ancarat Jewelry Company was listed at the threshold of 2.982 - 3.055 million VND/tael (buying - selling); an increase of 175,000 VND/tael on the buying side and an increase of 179,000 VND/tael on the selling side compared to yesterday morning.

The price of 2025 Ancarat 999 (1kg) at Ancarat Jewelry Company is listed at the threshold of 78.576 - 80.966 million VND/kg (buying - selling); an increase of 4.632 million VND/kg on the buying side and an increase of 4.772 million VND/kg on the selling side compared to yesterday morning.

The price of Kim Phuc Loc 999 silver bars (1 tael) of Saigon Thuong Tin Bank Gold, Silver and Gems One Member Limited Liability Company (Sacombank-SBJ) is listed at the threshold of 2.826 - 2.898 million VND/tael (buying - selling); an increase of 24,000 VND/tael in both directions compared to yesterday morning.

At the same time, the price of 999 silver bars (1 tael) at Phu Quy Jewelry Group was listed at the threshold of 2.983 - 3.075 million VND/tael (buying - selling); an increase of 179,000 VND/tael on the buying side and an increase of 184,000 VND/tael on the selling side compared to yesterday morning.

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 79.546 - 81.999 million VND/kg (buying - selling); an increase of 4.773 million VND/kg on the buying side and an increase of 4.906 million VND/kg on the selling side compared to yesterday morning.

On the world market, as of 12:05 PM on December 27 (Vietnam time), the world silver price was listed at 78.58 USD/ounce; up 3.89 USD compared to yesterday morning.

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...

It's a bit of a bit of a bit of a bit of a bit of a bit.

Phương Anh
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