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Silver rises closely following gold price

Báo Công thươngBáo Công thương28/12/2024

Silver prices today (December 28), domestic and world silver increased simultaneously but trading was quieter due to the holiday in the United States.


Silver price today at Phu Quy Jewelry Group, silver price increased slightly, listed at 1,106,000 VND/tael (buy) and 1,140,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, silver price turned to increase, currently listed at 926,000 VND/tael (buy) and 967,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 928,000 VND/tael (buy) and 969,000 VND/tael (sell). World silver price increased slightly, currently at 755,000/ounce (buy) and 760,000/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on December 28, 2024:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

926,000

967,000

928,000

969,000

1 kg 24,689,000 25,787,000 24,741,000 25,838,000
Silver 99.99 1 amount 934,000 975,000 935,000 977,000
1 kg 24,895,000 25,999,000 24,937,000 26,050,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on December 28, 2024:

Silver type

Unit/VND

Hanoi

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,106,000

1,140,000

Phu Quy 999 Silver Bar 1 kg 29,493,260 30,399,924

Latest update on world silver prices on December 28, 2024:

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

755,000

760,000

1 only 91,018 91,632
1 amount 910,000 916,000
1 kg 24,272,000 24,435,000

In the domestic market, silver prices increased in both buying and selling directions. In the world, silver prices increased slightly but trading was quiet due to the influence of the Christmas holiday in the United States and positive economic data from the United States.

The rise in silver and gold prices was supported by positive inflation data in the United States. According to the Bureau of Economic Analysis (BEA), the core personal consumption expenditures (PCE) price index increased by 2.8% in November, lower than expected. This reduced the pressure on the Fed to raise interest rates, opening the opportunity for the precious metal to continue to grow.

Domestic silver prices are likely to remain stable or increase slightly in the coming time, thanks to the impact of the international market and the psychology of seeking safe assets.

The spot silver market may continue to be slightly volatile after the holiday, especially on major exchanges such as London and Shanghai.



Source: https://congthuong.vn/gia-bac-hom-nay-28122024-bac-tang-sat-theo-da-gia-va-ng-366579.html

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