Many people line up to buy silver

Phương Anh |

On September 10, the silver market in Hanoi was bustling as people rushed to trade.

Recorded by Lao Dong reporter at 10:40 on September 10, domestic silver prices reversed and decreased slightly compared to yesterday morning, but remained at a high level. In Hanoi, many people have gone to silver shops to queue up to buy.

Ngay 10.9, nhieu nguoi den cua hang vang bac da quy tai Ha Noi de mua bac. Anh: Phuong Anh
On September 10, many people came to a jewelry store in Hanoi to buy silver. Photo: Phuong Anh

At a silver shop on Cau Giay Street, Hanoi, Ms. Dao Linh Anh (Cau Giay Ward, Hanoi) said that the price of gold has increased but it is also difficult to buy. She wanted to buy metals to store as savings, so she switched to buying silver.

"I didn't expect such a large number of silver buyers, so I had to queue for quite a while before my turn. Initially, I was told to buy 1kg, but then I decided to take 3kg, the store scheduled to return the goods in a month" - Ms. Linh Anh shared.

Gia vang qua cao, nhieu nguoi chuyen huong dau tu sang bac. Anh: Phuong Anh
Gold prices are too high, many people are turning their investment into silver. Photo: Phuong Anh

Similarly, Mr. Nguyen Anh Tuan (Me Tri ward, Hanoi) - after many times of searching for gold but unsuccessfully due to high prices and scarce supply - decided to switch to silver.

"I chose to buy silver because I see it as a safe storage channel besides gold. However, this morning, the store was quite crowded, so I had to wait a while to get a deal" - Mr. Tuan said.

Updated silver price

As of 11:20 on September 10, the price of 999 999 coins (1 tael) at Ancarat Golden Rooster Company was listed at 1.563 - 1.599 million VND/tael (buy - sell).

The price of 999 999 Ancarat silver bars (1kg) at Ancarat Metallurgy Company is listed at 41.080 - 42.060 million VND/kg (buy - sell).

The price of 2024 Ancarat 999 (1kg) silver bars at Ancarat Metallurgy Company was listed at 41.680 - 42.640 million VND/kg (buy - sell).

At the same time, the price of 999 coins (1 tael) at Phu Quy Jewelry Group was listed at 1.570 - 1.619 million VND/tael (buy - sell).

The price of 999 taels of silver (1 tael) at Phu Quy Jewelry Group was listed at 1.570 - 1.619 million VND/tael (buy - sell).

Dien bien gia bac trong nuoc nhung phien gan day. Bieu do: Phuong Anh
Domestic silver price developments in recent sessions. Chart: Phuong Anh

The price of 999 taels (1kg) at Phu Quy Jewelry Group was listed at 41.866 - 43.173 million VND/kg (buy - sell).

On the world market, as of 11:35 a.m. on September 10 (Vietnam time), the world silver price was listed at 41.06 USD/ounce.

Dien bien gia bac the gioi nhung phien gan day. Bieu do: Phuong Anh
World silver price developments in recent sessions. Chart: Phuong Anh

See more news related to silver prices HERE...

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