New "gold" for investors
On the morning of April 4, Mr. Hoang Van Minh, born in 1986 in Dinh Son commune (Cam Giang) was present at the HJL Gold and Jewelry Center on Truong Chinh Street (Hai Duong City) to "put down money" to invest in Phu Quy silver bars. This is the 5th time Mr. Minh has invested in silver bars at this center.
As the owner of a mini supermarket, in addition to the time spent on business, Mr. Minh regularly monitors the fluctuations of a number of investment channels, including gold and silver. Mr. Minh said that in mid- to late 2024, when the price of gold fluctuated strongly, continuously "breaking the peak", then "falling vertically", it was also the time when he deeply researched the accumulation of silver bars.
“After many months of researching the fluctuations and liquidity of accumulated silver bars, in early 2025, I contacted Phu Quy Gold Investment Joint Stock Company to learn about and choose to buy accumulated silver bars. This company said that in Hai Duong City, there is an exclusive distributor, HJL Gold and Jewelry Center. After directly consulting the price and sales policy, I chose to invest in silver bars,” Mr. Minh shared.
After nearly a month of investment, Mr. Minh's accumulated silver bars have now reached more than 2,100 taels, equivalent to about 79 kg, with a total transaction value of billions of VND for both buying and selling. With a large amount of silver bars, Mr. Minh chose to deposit them at the center.
Formerly a credit analyst at a large bank in the province, Ms. Pham Van Quynh in Le Thanh Nghi ward (Hai Duong city) assessed silver bars as an easily accessible investment channel with long-term profit potential.
At the same time, on April 8, 2024, the price of SJC gold bars sold by many big brands such as Bao Tin Manh Hai and Doji was around 84 million VND/tael, bought at 82.2 million VND/tael. Accumulated silver bars at that time were traded around 948,000 VND/tael for sale, 920,000 VND/tael for purchase.
After one year, at 3:30 p.m. on April 10, 2025, the price of SJC gold bars in Hai Duong market was traded by Bao Tin Manh Hai and Doji at around 100.9 million VND/tael for buying and 103.9 million VND/tael for selling, an increase of 1.1 million VND/tael for buying and 2 million VND/tael for selling compared to the beginning of the morning session of the same day.
“Thus, after one year, the selling price of gold bars increased by 23.69%, the selling price of silver bars increased by 29.22%. This shows that the growth potential of accumulated silver bars is very large. In addition, compared to SJC gold, silver bars currently have a relatively low investment level, one tael of gold can buy more than 84 taels of silver. Therefore, people with average incomes can learn about investing,” said Ms. Quynh.
The silver bullion market in Hai Duong has recently recorded certain attractiveness, a sign that people and investors have a certain shift from gold to silver.
The budding silver bullion market
Phu Quy silver bullion brand first entered the Hai Duong market from the end of February 2025, through an exclusive distribution contract in Hai Duong city, signed with Tu Nhan Trading and Construction Company Limited (HJL Gold and Silver Jewelry Center).
The second unit distributing this precious metal is Kim Phat Doanh Company Limited (Kim Phat Doanh Gold and Silver Center), exclusively distributing in Binh Giang district.
After more than 1 month of business, these 2 gold and silver centers recorded an average transaction of 300 taels of silver bars/day, mainly for sale.
According to Mr. Le Xuan Tu, General Director of Tu Nhan Company, many people, especially young people, are looking to invest in silver instead of gold due to its high price. Although the price of silver fluctuates, it is still more accessible, becoming an ideal choice for those who want to accumulate assets without needing too much capital.
“Silver is not only traded as an asset but also plays an important role in many industries, especially green industries. The world in general, and Vietnam in particular, are increasingly investing in clean energy, the demand for silver will increase accordingly, contributing to the stability and growth of silver prices in the long term. Phu Quy silver bars have very high liquidity, can be traded nationwide, one of the very important factors in investment,” said Mr. Tu.
Sharing the same view, Mr. Le Duc Anh, Director of Kim Phat Doanh Company, said that in the context of high gold prices and scarce supply, people in need can completely research and invest in silver bars. “Even when silver bars are out of stock at the counter, our delivery time is usually only 7-10 days. During this time, when people buy goods, they will be given a receipt to pick up the goods, which can be used to resell to the store if needed,” said Mr. Duc Anh.
Kim Phat Doanh Gold and Silver Center has just launched a new silver bar product, which can be laser engraved on the silver bar upon request. The transaction price of this type of silver is publicly listed at the center.
Similar to gold, silver bullion is also an investment channel that is greatly influenced by domestic and foreign markets. In particular, the US dollar exchange rate and monetary policies of major countries can also affect silver prices. Investors need to consider factors such as financial goals and market developments to make effective investment decisions.
HA KIENSource: https://baohaiduong.vn/bac-thoi-tich-luy-thanh-kenh-dau-tu-moi-409013.html
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