Silver price today (November 7), the world silver market recovered as a hedge against economic and political risks.
Silver price today at Phu Quy Gold Investment Joint Stock Company, silver price is listed at 1,200,000 VND/tael (buy) and 1,237,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, silver price is currently listed at 1,006,000 VND/tael (buy) and 1,033,000 VND/tael (sell). In Ho Chi Minh City, silver price is listed higher, at 1,008,000 VND/tael (buy) and 1,034,000 VND/tael (sell). World silver price is at 817,000/ounce (buy) and 822,000/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on November 7, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 1,006,000 | 1,033,000 | 1,008,000 | 1,034,000 |
| 1 kg | 26,836,000 | 27,534,000 | 26,888,000 | 27,585,000 | |
| Silver 99.99 | 1 amount | 1,010,000 | 1,037,000 | 1,012,000 | 1,039,000 |
| 1 kg | 26,932,000 | 27,646,000 | 27,984,000 | 27,697,000 | |
Update the latest silver price list of Phu Quy Gold Investment Joint Stock Company on November 7, 2024:
Silver type | Unit/VND | Hanoi | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,200,000 | 1,237,000 |
| Phu Quy 999 Silver Bar | 1 kg | 31,999,920 | 32,986,584 |
Latest update on world silver prices on November 7, 2024:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 817,000 | 822,000 |
| 1 only | 98,473 | 99,086 |
| 1 amount | 985,000 | 991,000 |
| 1 kg | 26,259,000 | 26,423,000 |
At the end of the trading session, for precious metals, thanks to their good role as a safe haven, silver and platinum prices both recovered in yesterday's session. Closing, silver prices recovered from a two-week low thanks to a 0.51% increase to $32.78/ounce.
The highly anticipated US presidential election officially took place yesterday afternoon Vietnam time, and current polls are showing a tight race between Republican candidate Donald Trump and Democratic candidate Kamala Harris. The uncertainty that has engulfed the market has supported precious metal prices, which has also caused a cautious sentiment to prevail in the market, thereby supporting the precious metal's price increase as a hedge against economic and political risks.
Source: https://congthuong.vn/gia-bac-hom-nay-7112024-bac-phuc-ho-i-sau-cuoc-bau-cu-tong-thong-my-357197.html
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