Although domestic silver prices slightly increased in today's trading session, the price level is still lower than before. This development continues to attract many people to stores selling precious metals for trading.
In Hanoi, silver trading activities are quite active.
At a silver business store on Xa Dan street, the transaction waiting area often has people waiting for their turn to complete silver purchase procedures. According to store staff, the buying demand has increased significantly as silver prices have decreased compared to previous sessions.
Due to the large number of customers placing orders, the store currently applies the form of scheduling a delivery date for customers who buy directly. After completing the transaction, customers are notified that the money receipt time can be extended to 60 days. Meanwhile, customers placing orders through the enterprise's application still receive goods directly at the store and are paid immediately upon arrival.
Waiting for her turn to transact, Ms. Do Quynh Anh (Kim Lien ward, Hanoi) said that this is the second time she has bought silver this year. Each time, she usually buys a few taels to make savings.
I started to pay attention to silver from the end of last year. Compared to gold, the initial amount of money spent is lower, so it is suitable for my financial capacity. When the price cooled down, I took the opportunity to buy more" - Ms. Quynh Anh shared.
She said that at the beginning of the year, on January 26, she bought 4 taels of silver with a total value of more than 16.9 million VND. This amount of silver is expected to be received on June 14 according to the store's appointment. In this morning's transaction, she continued to order an additional 3 taels of silver.
I determine that this is a long-term accumulation, so I am not too concerned about short-term fluctuations. Price adjustments like now are an opportunity to buy more. Today I ordered 2 taels of silver and the store promised to return the goods within 60 days" - she said.
Also present at the store, Mr. Do Van Thanh (Dong Da ward, Hanoi) said that he had been monitoring the silver market for many months before deciding to spend money.
Silver prices have increased quite strongly recently, so I haven't bought yet. Today, the price adjusted, I found the price more reasonable, so I decided to buy a little. I don't expect to surf, but mainly hold in the medium and long term. I just ordered 10 taels of silver and the store promised to come and get it in 60 days" - Mr. Thanh shared.
According to him, having to wait to receive goods for a long time does not significantly affect the purchase decision because he determines to hold them for a long time.
Not only in the Xa Dan area, records at a silver business store on Cau Giay street show that the number of customers coming to transact is also quite large. Many people come to learn about silver prices, refer to products or make purchase transactions.
Ms. Le Thu Ha (Cau Giay ward, Hanoi) said that she just decided to buy silver after a period of monitoring market developments.
I see that the price of silver has decreased significantly compared to the level in the past 2 months. With a not too large amount of money, I can buy each tael to accumulate gradually. For example, about more than 2.5 million VND, I can buy 1 tael of silver. Currently, I am waiting to buy 5 taels of silver" - Ms. Ha said.
Silver price update
As of 10:30 am on June 9, the price of silver bars 2024 Ancarat 999 (1 tael) at Ancarat Gem Company was listed at the threshold of 2.567 - 2.633 million VND/tael (buying - selling).
The price of 2025 Ancarat 999 silver bars (1kg) at Ancarat Precious Metals Company is listed at 67,676 - 69,766 million VND/kg (buy - sell).
The price of 999 silver (1 tael) of DOJI Gold and Gems Group Joint Stock Company is listed at the threshold of 2.566 - 2.651 million VND/tael (buying - selling).
On the world market, as of 9:30 am on June 9 (Vietnam time), the world silver price was listed at 67.78 USD/ounce.
See more news related to silver prices HERE...
