According to Lao Dong reporters' records on January 10, domestic silver prices continued to increase sharply. Many people came to stores in Hanoi to buy, but most could not transact because the store temporarily stopped selling. Meanwhile, some people who were holding silver were anxious to sell to take profits.
At a silver business store on Tran Nhan Tong street (Hanoi), Mr. Pham Van Thai (Hai Ba Trung ward, Hanoi) said he wanted to buy silver as a savings asset, but today he could not transact.
Last week I bought 10 taels of silver, the store scheduled to pick up the goods in early May 2026. Today I came to buy more but they announced they were out of stock. The staff said they will only open for sale next week, so I had to leave and wait until next week" - Mr. Thai shared.
Mr. Thai also added that the store staff informed that purchases are currently limited due to scarce supply, while silver sellers are still allowed to trade normally.
Similarly, Ms. Nguyen Phuong Trang (Hanoi) also had to leave after the store announced the temporary suspension of silver sales.
Today is the weekend, so I took the opportunity to go to the store hoping to buy a few taels of silver, but unexpectedly it ran out of stock" - Ms. Trang expressed.
While many people are waiting to buy, many people are hesitating to sell to take profits when silver prices rise.
Sharing with Lao Dong reporters, Ms. Do Huyen Mai (Bach Mai ward, Hanoi) said that she is hesitant between keeping or selling silver.
I bought a few taels of silver from September 2025, relatives advised me to sell, but I am still hesitant. At this store, most customers come to buy, making me even more hesitant" - Ms. Mai expressed.
Silver price update
As of 2:50 PM on January 10, the price of 2024 Ancarat 999 silver bars (1 tael) at Ancarat Jewelry Company is listed at the threshold of 3.005 - 3.079 million VND/tael (buying - selling).
The price of 2025 Ancarat 999 (1kg) at Ancarat Jewelry Company is listed at 79.196 - 81.606 million VND/kg (buying - selling).
The price of Kim Phuc Loc 999 silver bars (1 tael) of Saigon Thuong Tin Bank Jewelry Company Limited (Sacombank-SBJ) is listed at the threshold of 3.042 - 3.123 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 3.005 - 3.098 million VND/tael (buying - selling).
The price of 999 silver bars (1kg) at Phu Quy Jewelry Group is listed at 80.133 - 82.613 million VND/kg (buying - selling).
On the world market, as of 2:50 PM on January 10 (Vietnam time), the world silver price was listed at 79.88 USD/ounce; up 3.27 USD compared to yesterday morning.
See more news related to silver prices HERE...
