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World silver maintains 0.6% increase

Báo Công thươngBáo Công thương18/10/2024


Silver prices today recovered after many consecutive sessions of decline. Silver prices are listed at 944,000 VND/tael for buying and 971,000 VND/tael for selling in Hanoi. Silver prices in Ho Chi Minh City are listed higher at 946,000 VND/tael for buying and 973,000 VND/tael for selling. World silver prices are at 791,000 VND/ounce for buying and 796,000 VND/ounce for selling.

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on October 18, 2024:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

944,000

971,000

946,000

973,000

1 kg 25,185,000 25,883,000 25,237,000 25,934,000
Silver 99.99 1 amount 948,000 975,000 950,000 977,000
1 kg 25,281,000 25,995,000 25,333,000 26,046,000

Update the latest silver price list of Phu Quy Gold Investment Joint Stock Company on October 18, 2024

Silver type

Unit/VND

Hanoi

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,127.00

1,162,000

Phu Quy 999 Silver Bar 1 kg 30,053,258 30,986,589

Latest update on world silver prices on October 18, 2024

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

791,000

796,000

1 only 95,389 95,993
1 amount 954,000 960,000
1 kg 25,437,000 25,598,000

Green gradually returned to the metal price chart yesterday with 6/10 items increasing in price, after two consecutive previous sessions of decline. In the precious metals group, silver and platinum prices both increased by about 0.6%, closing at 31.97 USD/ounce and 1,002.6 USD/ounce, respectively.

The precious metals group did not have much fluctuation in yesterday's session due to the temporary lack of new economic data in the market. In addition, mixed signals from fundamental information also caused the prices of silver and platinum to move sideways recently.

In addition to the US Federal Reserve’s interest rate developments, investors’ attention is also gradually shifting to the upcoming important election in the US. Increased uncertainty before the next President is announced could boost demand for precious metals as a risk-off tool, thereby limiting the possibility of a sharp decline in silver and platinum prices.



Source: https://congthuong.vn/gia-bac-hom-nay-18102024-bac-the-gioi-duy-tri-da-tang-06-353072.html

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