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Silver hits 10-year high

Báo Công thươngBáo Công thương19/10/2024


Silver prices today have hit their highest level in the past 10 years. At Phu Quy Gold Investment Joint Stock Company, silver prices are listed at VND1,204,000/tael (buy) and VND1,241,000/tael (sell) in Hanoi. In addition, according to a survey at other trading locations in Hanoi, silver prices are currently listed at VND953,000/tael (buy) and VND987,000/tael (sell). In Ho Chi Minh City, silver prices are listed higher, at VND955,000/tael (buy) and VND989,000/tael (sell). World silver prices are currently at VND811,000/ounce (buy) and VND816,000/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on October 19, 2024:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

953,000

987,000

955,000

989,000

1 kg 25,421,000 26,319,000 25,473,000 26,370,000
Silver 99.99 1 amount 957,000 991,000 959,000 993,000
1 kg 25,517,000 26,431,000 25,569,000 26,482,000

Update the latest silver price list of Phu Quy Gold Investment Joint Stock Company on October 19, 2024

Silver type

Unit/VND

Hanoi

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,204,000

1,241,000

Phu Quy 999 Silver Bar 1 kg 30,373,257 31,306,588

Latest update on world silver prices on October 19, 2024

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

811,000

816,000

1 only 97,773 98,382
1 amount 978,000 984,000
1 kg 26,073,000 26,235,000

The precious metals market did not see much volatility in yesterday's trading session due to the lack of important economic data. However, uncertainty about the upcoming interest rate decisions of the US Federal Reserve (FED) and the geopolitical situation ahead of the US presidential election have made investors more cautious. Increased uncertainty ahead of the announcement of the next President could boost demand for precious metals as a hedge. This has helped limit the decline in silver prices and helped the precious metals market to be more stable in recent sessions.



Source: https://congthuong.vn/gia-bac-hom-nay-19102024-bac-tang-cao-nhat-trong-10-nam-tro-lai-353320.html

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