Domestic silver prices increase, many people take advantage of selling to take profits

Phương Anh | 24/01/2026 17:01

On January 24, domestic silver prices continued to increase sharply. While many people were waiting to buy in, many others decided to sell out to take profits.

Records of Lao Dong reporters on January 24 show that the domestic silver market maintains an upward trend. At many silver businesses in Hanoi, the trading atmosphere is quite bustling.

While many people bring silver to sell to take profits, many customers who need to buy are forced to leave because stores announce a temporary suspension of silver sales.

Ngay 24.1, Nhieu khach den cua hang bac ban ra chot loi, trong khi nguoi co nhu cau mua buoc phai ra ve do cua hang tam ngung ban ra. Anh: Phuong Anh — On January 24, many customers came to the silver store to sell for profit, while people in need of buying were forced to leave because the store temporarily stopped selling. Photo: Phuong Anh

At a silver business store on Tran Nhan Tong street (Hanoi), Ms. Do Hai Anh (Vinh Thanh commune, Hanoi) decided to sell silver to take profits after a period of holding it.

On October 8, 2025, I bought 10 taels of silver for more than 19 million VND, the store arranged to come to pick up the goods on February 5, 2026. If there is a need to sell while waiting, sell according to the invoice.

Now the price is high and I myself also have something to use money for, so I decided to bring the invoice to sell silver, and I have made a profit" - Ms. Hai Anh shared.

Similarly, Mr. Do Trong Tien (Bach Mai ward, Hanoi) also decided to sell silver.

I bought 2kg of silver in August last year. Today the price is high, so I took advantage of this increase to sell it. However, I am hesitant whether to sell all or sell half of what I have" - Mr. Tien said.

Mr. Tien said that store staff inform customers who want to sell silver to trade normally, but if customers want to buy, they will be limited due to scarce supply.

Gan day nhieu nguoi tim den bac nhu mot kenh thay the khi qua kho mua vang. Anh: Phuong Anh — Recently, silver bars and gold bars have become items that many people look for to buy. Photo: Phuong Anh

Also at a silver shop on Tran Nhan Tong street, Ms. Nguyen Thi Hoa (Hai Ba Trung ward, Hanoi) said that she has a need to buy silver to make savings, but today she came to the store and could not buy it.

Last week I still bought 10 taels of silver, the store scheduled to come in mid-May to pick up the goods. Today I decided to come to buy more but they announced they were out of stock. The staff announced that they would only open for sale at the beginning of next week, so I had to go home" - Ms. Hoa said.

Silver price update

As of 12:35 PM on January 24, the price of 2024 Ancarat 999 silver bars (1 tael) at Ancarat Jewelry Company is listed at the threshold of 3.886 - 3.982 million VND/tael (buying - selling).

The price of 2025 Ancarat 999 (1kg) bars at Ancarat Jewelry Company is listed at 102.566 - 105.686 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 3,741 - 3,837 million VND/tael (buying - selling).

Bien dong gia bac trong nuoc nhung phien gan day. Bieu do: Phuong Anh — Domestic silver price fluctuations in recent sessions. Chart: Phuong Anh

At the same time, the price of 999 silver bars (1 tael) at Phu Quy Jewelry Group was listed at the threshold of 3.882 - 4.002 million VND/tael (buying - selling).

The price of 999 silver bars (1kg) at Phu Quy Jewelry Group is listed at the threshold of 103.519 - 106.719 million VND/kg (buying - selling).