Silver is trending slightly upward.

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	984,000
	1 kg	25,401,000	26,199,000	25,453,000	26,250,000
99.99% Silver	1 tael	960,000	990,000	962,000	992,000
	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	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