Silver price today (December 17), in the first session of the week, recorded a slight increase in domestic and world silver prices.
Silver price today at Phu Quy Jewelry Group, silver price increased slightly at 1,132,000 VND/tael (buy) and 1,167,000 VND/tael (sell) in Hanoi . In addition, according to a survey at other trading locations in Hanoi, silver price increased slightly, currently listed at 939,000 VND/tael (buy) and 973,000 VND/tael (sell). In Ho Chi Minh City, silver price also recorded an increase at 941,000 VND/tael (buy) and 975,000 VND/tael (sell). World silver price also tends to increase, currently at 778,000 VND/ounce (buy) and 783,000 VND/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on December 17, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell out | Buy | Sell out | ||
99.9 silver | 1 amount | 939,000 | 973,000 | 941,000 | 975,000 |
| 1 kg | 25,052,000 | 25,950,000 | 25,104,000 | 26,001,000 | |
| Silver 99.99 | 1 amount | 947,000 | 981,000 | 949,000 | 983,000 |
| 1 kg | 25,258,000 | 26,162,000 | 25,300,000 | 26,213,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on December 17, 2024:
Silver type | Unit/VND | Hanoi | |
Buy | Sell out | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,132,000 | 1,167,000 |
| Phu Quy 999 Silver Bar | 1 kg | 30,186,591 | 31,119,922 |
Latest update on world silver price on December 17, 2024:
| Unit | World silver price today (VND) | |
Buy | Sell out | |
| 1 Ounce | 778,000 | 783,000 |
| 1 finger | 93,850 | 94,462 |
| 1 amount | 938,000 | 945,000 |
| 1 kg | 25,027,000 | 25,190,000 |
Silver prices edged up after three straight sessions of steep declines. In addition, the weakening Chinese economy could also impact other macro factors, such as global growth, supply chains and even investment strategies in renewable energy sectors. These concerns will cause investors and industrial companies to adjust their forecasts for future demand and prices of silver.
Moreover, the rising trend of the US dollar along with the US 10-year bond yield rising to a two-week high has pushed investors to higher-yielding and safer assets such as US government bonds. This reduces the demand for assets such as silver, which are considered safe haven investments and do not directly yield interest like bonds.
Source: https://congthuong.vn/gia-bac-hom-nay-17122024-bac-quay-da-u-tang-nhe-364587.html
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