On the morning of September 9, when silver prices cooled down, at some silver business stores in Hanoi, the number of customers coming to transact was not too large. Some customers came to buy directly, while some people came to receive the silver they had booked according to the appointment from before.
The atmosphere at the store is quite quiet, customers mainly discuss with staff about silver prices and products before transactions. Although silver prices have decreased, the market at the store has not recorded bustling buying and selling scenes like at times when prices increased sharply.
Present at a gold and silver business store on Tran Nhan Tong street (Hai Ba Trung ward, Hanoi), Mr. Bui Van Tuan (Bach Mai ward) - said that he had just decided to buy 5 taels of silver. At the time of transaction, the price of silver was at 2.303 million VND/tael.
After completing the transaction, Mr. Tuan received silver immediately from the store. Although the silver price is fluctuating, Mr. Tuan believes that this is the time to buy more to hold for a long time. However, he does not expect the price to increase immediately after buying.
Silver prices are fluctuating, so I still have to calculate. Buying to keep for a long time is okay, but if you expect prices to increase immediately, it is very difficult to say" - Mr. Tuan shared.
According to Mr. Tuan, silver prices have increased and decreased quite quickly recently. Therefore, instead of chasing short-term fluctuations, he decided to buy at the present time and wait longer if the price has not increased as expected.
In the opposite direction, Ms. Phan Quynh Nhu (Hoan Kiem ward) has no intention of buying more silver. She came to the store to receive the silver she ordered from April 2026. According to the appointment, she received the silver in August, but due to being busy with work, she has only now arranged time to return to the store.
Compared to the time of ordering, the price of silver has now decreased. This makes Ms. Nhu want to follow more instead of continuing to buy immediately.
She said that the diễn biến of silver prices in the coming time will be a factor for her to decide whether to continue buying or not. If the price is not stable, she can transfer part of her accumulated money to another option.
At the time I ordered, the price was different from now. Currently, the price has decreased, so I want to monitor further, it is not certain that I will continue to buy silver. I am considering other options to accumulate" - Ms. Nhu said.
Silver price update
As of 11:20 am on September 9, the price of silver bars 2024 Ancarat 999 (1 tael) at Ancarat Gem Company is listed at the threshold of 2.217 - 2.283 million VND/tael (buying - selling); down 9,000 VND/tael in both buying and selling directions compared to yesterday morning.
The price of 999 silver (1 tael) of DOJI Gold and Gems Group Joint Stock Company is listed at the threshold of 2,258 - 2,358 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 2.244 - 2.313 million VND/tael (buying - selling).
On the world market, as of 9:40 am on September 9 (Vietnam time), the world silver price was listed at 66.02 USD/ounce; down 0.66 USD compared to yesterday morning.
The information in the article is for reference only, reflecting market developments at the time of recording and not an investment recommendation. Investors need to carefully consider their financial capacity, personal goals and related risks before making a decision to buy or sell silver.
See more news related to silver prices HERE...
