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Silver is trending slightly upward.

Báo Công thươngBáo Công thương19/11/2024

Today (November 19), after four consecutive days of decline, world silver prices have reversed course and started to rise again.


Today's silver price at Phu Quy Gold Investment Joint Stock Company is listed at 1,155,000 VND/ounce (buying price) and 1,191,000 VND/ounce (selling price) in Hanoi . Additionally, according to surveys at other trading locations in Hanoi, the current silver price is listed at 953,000 VND/ounce (buying price) and 982,000 VND/ounce (selling price). In Ho Chi Minh City, the listed silver price is higher, at 954,000 VND/ounce (buying price) and 984,000 VND/ounce (selling price). The world silver price is currently at 778,000 VND/ounce (buying price) and 783,000 VND/ounce (selling price).

Here is the latest information on today's silver prices in the two largest markets, Hanoi and Ho Chi Minh City, on November 19, 2024:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

99.9% Silver

1 tael

953,000

982,000

954,000

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984,000

1 kg 25,401,000 26,199,000 25,453,000 26,250,000
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1 kg 25,607,000 26,411,000 25,649,000 26,462,000

Updated silver price list from Phu Quy Gold Investment Joint Stock Company on November 19, 2024:

Silver type

Unit/VND

Hanoi

Buy

Sell

Phu Quy 999 Silver Bars and Ingots

1 tael

1,155,000

1,191,000

999 Gold Ingots 1 kg 30,799,923 31,759,921

Latest update on world silver prices as of November 19, 2024:

Unit

Today's world silver price (VND)

Buy

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Sell

1 Ounce

778,000

783,000

1 tael 93,741 94,353
1 tael 937,000 944,000
1 kg 24,998,000 25,161,000

On the global market, silver prices rose slightly today compared to yesterday, while domestic silver prices remained unchanged. Investors have begun increasing their "buying the dip" activity after a prolonged period of falling silver prices. However, cautious sentiment in the face of major fluctuations in the global economy still prevents the downward trend from being reversed.

Although silver plays a crucial role in many industries, declining demand from major countries is putting pressure on the price of this metal. However, if supporting factors such as a weaker US dollar or increased demand from green industries emerge, the price of silver may find an opportunity to recover.



Source: https://congthuong.vn/gia-bac-hom-nay-19112024-bac-co-xu-huong-tang-nhe-359499.html

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