On October 25, domestic silver prices fell across the board. According to Lao Dong reporters at some silver shops in Hanoi, the number of customers looking to buy is still quite large. However, there is no longer the scene of people lining up to get shopping vouchers like before.

At a gold and silver shop on Tran Nhan Tong street, Ms. Do Huong (Hai Ba Trung ward, Hanoi) said that she had come to buy silver many times but had to return because the shop was out of stock. In this comeback, she bought 5kg.
"Last week, I went but could not buy because the store only issued a certain number of coupons, while many people had lined up very early.
Today, although the number of customers is still quite large, buying silver is more favorable. The shop sells a maximum of 5 kg and will return the goods next year" - Ms. Huong said.

Similarly, Mr. Ngo Van Tuyen ( Bat Trang commune, Hanoi) also just bought 5kg of silver at a store on Tran Nhan Tong street.
"Stored gold is difficult to buy, so I switched to silver. However, due to the large number of silver buyers, the shop limited the amount of silver sold and scheduled to pay later" - Mr. Tuyen said.
Mr. Tuyen added that customers who want to sell silver before receiving the goods will have to sell the invoices.

Updated silver price
As of 11:45 a.m. on October 25, the price of 2024 Ancarat 999 silver bars (1 tael) at Ancarat Metallurgy Company was listed at 1.864 - 1.906 million VND/tael (buy - sell); down 2,000 VND/tael in both directions compared to yesterday morning.
The price of 999 Ancarat 999 (1kg) of silver bars at Ancarat Metallurgy Company was listed at 48.956 - 50.376 million VND/kg (buy - sell); down 54,000 VND/kg 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 1.861 - 1.919 million VND/tael (buy - sell); down 1,000 VND/tael in both directions compared to yesterday morning.
The price of 999 taels of silver (1kg) at Phu Quy Jewelry Group was listed at 49,626 - 51,173 million VND/kg (buy - sell); down 27,000 VND/kg for buying and down 26,000 VND/kg for selling compared to yesterday morning.
On the world market, as of 10:40 a.m. on October 25 (Vietnam time), the world silver price was listed at 48.38 USD/ounce; down 0.1 USD compared to yesterday morning.

See more news related to silver prices HERE...