Despite fluctuating prices in recent sessions, gold prices remain very high, far beyond the reach of many small-scale investors. In this context, silver bullion is attracting attention as a new investment channel, thanks to its lower initial capital requirements and flexible accumulation potential.
New "Gold"
On the morning of January 30th, Mr. Cao Huy Viet from Hai Duong ward was present at the HJL Gold and Jewelry Center on Truong Chinh street (Le Thanh Nghi ward) to monitor the price fluctuations of Phu Quy accumulated silver bars before deciding to make a transaction.
According to Mr. Viet, after monitoring the market for some time, it's clear that the price of silver bars is increasing significantly in the short term. "In just the last few weeks, the price of 999 Phu Quy silver bars has increased considerably compared to the end of December 2025. Currently, the listed price is nearly 4.4 million VND/ounce for buying and over 4.5 million VND/ounce for selling. This price has made me consider silver as an alternative investment channel to gold," Mr. Viet said.
Also at this center, Mr. Hoang Van Minh from Cam Giang commune decided to continue investing in silver bars for accumulation. For Mr. Minh, 999 silver bars are no longer a new investment channel but have been pursued for more than a year now.
As the owner of a mini-supermarket, in addition to his business activities, Mr. Minh regularly monitors the fluctuations of investment channels such as gold, silver, and bank deposits. He said that during the period from mid to late 2024, when gold prices fluctuated sharply, often rising rapidly then falling deeply in a short time, he began to research more carefully the possibility of accumulating silver bars.
“After months of monitoring price fluctuations and researching liquidity, I started buying silver bars for accumulation in early 2025. Through several transactions with both gold and silver, I realized that silver was more suitable for my financial capabilities and accumulation methods, so I gradually shifted to this channel,” Minh said.
According to Mr. Minh, at one point, the amount of silver ingots he accumulated reached over 2,100 taels, equivalent to about 79 kg. Due to the large quantity, he chose to deposit them at a center for convenient storage and transactions when needed.
From a financial perspective, Van Quoc Hoang, a credit analyst at a major bank in the area, believes that silver bars are an accessible investment channel given the very high price of gold.
According to observations in the early morning trading session on February 4th, the price of SJC gold bars at many major brands was listed around 177.2 million VND/ounce for buying and 180.2 million VND/ounce for selling. Meanwhile, the price of 999 silver bars was traded around 3.4 million VND/ounce for buying and over 3.5 million VND/ounce for selling.
"The significant price difference is causing many people to consider shifting to silver for gradual accumulation, instead of investing heavily in gold. Furthermore, the recent volatility of gold prices is causing investors more concern, thus increasing the demand for silver investment," Mr. Hoang commented.
Suitable for a long-term accumulation strategy.
For about a year now, the Phu Quy silver bar brand (issued by Phu Quy Group Joint Stock Company) has begun building its market in Hai Phong . At some distribution points such as HJL Gold and Jewelry Center (Tu Nhan Trading and Construction Company Limited) and Kim Phat Doanh Gold and Silver Center (Kim Phat Doanh Company Limited), the volume of silver bar transactions has remained stable, mainly serving the savings needs of the people.
Besides Phu Quy silver bars, the market also features a number of 999 silver products manufactured and distributed by several domestic jewelry businesses, with varying levels of circulation and sales potential.
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According to Mr. Le Xuan Tu, General Director of Tu Nhan Company, on average over the past year, these distribution points alone have seen transactions of approximately 200 taels of silver ingots per day. “Gold prices are very high, while silver is much more accessible. Not only long-term investors but also young people are exploring and participating in the silver ingot market with the goal of long-term accumulation,” Mr. Tu said.
From market realities, it can be seen that the sustainability of investing in silver bullion does not lie in short-term price increases, but depends on actual accumulation demand, the ability to trade and repurchase in the market, and the investor's approach. When viewed as a medium- to long-term accumulation channel, with low initial capital and gradually developing liquidity, silver bullion has the basis to exist alongside gold in people's investment portfolios.
According to Mr. Tu, silver is not only traded as an asset for accumulation but also plays an important role in many manufacturing sectors, especially those related to high technology and clean energy. However, silver is also a highly volatile asset, strongly influenced by international markets and monetary policy, requiring participants to clearly define their goals and accept certain risks.
Sharing the same view, Mr. Le Duc Anh, Director of Kim Phat Doanh Company, believes that when gold prices remain high and supply is limited, it is understandable that people are interested in and inquiring about silver bars. “In case of stock shortages at the counter, the time to replenish silver bars is usually 7-10 days. During this waiting period, customers are given a receipt to pick up their order and can re-transact with the store if needed,” Mr. Duc Anh informed.
However, experts also note that if one enters the silver market with a short-term trading mindset, large price fluctuations can quickly turn into risks. Investing in silver bullion is only truly suitable when placed within a long-term accumulation strategy, carefully considering the buy-sell spread and the developments in domestic and international financial markets.
HA KIENSource: https://baohaiphong.vn/bac-thoi-kenh-dau-tu-moi-535165.html
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