Silver price today (December 12), world silver price recorded an impressive increase, at times surpassing the 32 USD/ounce mark, the highest level in more than a month.
Silver price today at Phu Quy Jewelry Group, silver price is stable at 1,177,000 VND/tael (buy) and 1,213,000 VND/tael (sell) in Hanoi . In addition, according to a survey at other transaction locations in Hanoi, silver price is currently listed at 977,000 VND/tael (buy) and 1,007,000 VND/tael (sell). In Ho Chi Minh City, silver price is also recorded at 979,000 VND/tael (buy) and 1,009,000 VND/tael (sell). World silver price increased slightly at 807,000/ounce (buy) and 812,000/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on December 12, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 977,000 | 1,007,000 | 979,000 | 1,009,000 |
| 1 kg | 26,061,000 | 26,859,000 | 26,113,000 | 26,910,000 | |
| Silver 99.99 | 1 amount | 985,000 | 1,015,000 | 987,000 | 1,017,000 |
| 1 kg | 26,267,000 | 27,071,000 | 26,309,000 | 27,122,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on December 12, 2024:
Silver type | Unit/VND | Hanoi | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,177,000 | 1,213,000 |
| Phu Quy 999 Silver Bar | 1 kg | 31,386,588 | 32,346,586 |
Latest update on world silver prices on December 12, 2024:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 807,000 | 812,000 |
| 1 only | 97,295 | 97,907 |
| 1 amount | 973,000 | 979,000 |
| 1 kg | 25,945,000 | 26,108,000 |
Silver prices are trending up as China decides to resume gold purchases after a six-month hiatus. This not only supports the gold market but also has a positive spillover effect on the silver market. As the world’s largest gold importer, this move shows that demand for the precious metal is increasing strongly.
Silver prices are also affected by factors such as interest rates, exchange rates, and industrial demand, especially given its important role in high-tech manufacturing. In addition, the rise of regional conflicts has created an unstable environment, causing investors to seek safe havens such as silver and gold.
Investors are more optimistic about the global economic outlook after a number of positive economic indicators were released. This not only boosted demand for silver but also created a favorable environment for risk assets.
Source: https://congthuong.vn/gia-bac-hom-nay-12122024-bac-noi-da-i-da-tang-363793.html
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