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Silver turned down 0.82%

Báo Công thươngBáo Công thương22/11/2024

Silver price today (November 22), silver price turned down 0.82% after the previous increase due to the impact of the USD.


Silver price today at Phu Quy Gold Investment Joint Stock Company, silver price is stable at 1,155,000 VND/tael (buy) and 1,191,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, silver price is currently listed at 968,000 VND/tael (buy) and 998,000 VND/tael (sell). In Ho Chi Minh City, silver price is listed higher, at 970,000 VND/tael (buy) and 1,000,000 VND/tael (sell). World silver price is at 794,000/ounce (buy) and 799,000/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on November 22, 2024:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

968,000

998,000

970,000

1,000,000

1 kg 25,806,000 26,604,000 25,858,000 26,655,000
Silver 99.99 1 amount 975,000 1,006,000 977,000 1,008,000
1 kg 26,012,000 26,816,000 26,054,000 26,867,000

Update the latest silver price list of Phu Quy Gold Investment Joint Stock Company on November 22, 2024:

Silver type

Unit/VND

Hanoi

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,155,000

1,191,000

Phu Quy 999 Silver Bar 1 kg 30,799,923 31,759,921

Latest update on world silver prices on November 22, 2024:

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

794,000

799,000

1 only 95,681 96,294
1 amount 957,000 963,000
1 kg 25,515,000 25,678,000

The metal market was quite mixed yesterday. For precious metals, silver and platinum prices both fell back due to pressure from the USD. Of which, silver prices fell 0.82% to 31 USD/ounce.

However, the stronger US dollar has put strong pressure on the precious metal, overshadowing its role as a safe haven. The Dollar Index recovered after three consecutive sessions of declines and returned to a one-year high, closing up 0.45% at 106.68 points. Investors continued to rush to buy the greenback following the "Trump trade" wave and due to concerns that the US Federal Reserve (FED) may keep interest rates high for longer. CME Group's FedWatch interest rate tracker showed that market expectations for a December rate cut have dropped significantly, with the odds now at 55.7%, down from 82.5% just a week ago.



Source: https://congthuong.vn/gia-bac-hom-nay-22112024-bac-quay-da-u-gia-m-082-360121.html

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