World silver goes against domestic silver

Silver price today (December 27), world silver price increased slightly while domestic silver price tended to decrease.

Silver price today at Phu Quy Jewelry Group, silver price increased slightly, listed at 1,105,000 VND/tael (buy) and 1,139,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, silver price decreased slightly, currently listed at 920,000 VND/tael (buy) and 961,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 922,000 VND/tael (buy) and 963,000 VND/tael (sell). World silver price increased slightly, currently at 754,000/ounce (buy) and 759,000/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on December 27, 2024:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
Silver 99.9	1 amount	920,000	961,000	922,000	963,000
	1 kg	24,523,000	25,621,000	24,575,000	25,672,000
Silver 99.99	1 amount	927,000	969,000	929,000	971,000
	1 kg	24,729,000	25,833,000	24,771,000	25,884,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on December 27, 2024:

Silver type	Unit/VND	Hanoi
		Buy	Sell
Silver bars, Phu Quy 999 silver bars	1 amount	1,105,000	1,139,000
Phu Quy 999 Silver Bar	1 kg	29,466,593	30,373,257

Latest update on world silver prices on December 27, 2024:

Unit	World silver price today (VND)
	Buy	Sell
1 Ounce	754,000	759,000
1 only	90,856	91,470
1 amount	909,000	915,000
1 kg	24,228,000	24,392,000

In the domestic market, silver prices recorded a slight decrease in both buying and selling directions. In the world, silver prices were quiet due to the impact of the Christmas holiday in the United States. It was noted that the spot silver price stopped at 29,710 - 29,910 USD/ounce, a slight increase compared to the previous session. Previously, there was a time when silver prices fell to 29,620 - 29,820 USD/ounce, down 0.03%.

Precious metals such as gold and silver continued to gain momentum after key inflation data released late last week showed signs of easing inflationary pressures in the United States.

Specifically, according to the Bureau of Economic Analysis (BEA) of the US Department of Commerce, in November, the core personal consumption expenditures (PCE) price index - excluding fluctuations in energy and food prices - increased by only 2.8% compared to the same period in 2010, 0.1% lower than analysts' forecasts. The cooling of inflation in the US, reflected in the lower-than-expected increase in the core PCE index, is an important factor helping precious metals maintain their upward momentum. This data reduces expectations that the US Federal Reserve (FED) will continue to raise interest rates in the near future, and opens up opportunities for gold, silver and other precious metals to continue to grow in the context of financial markets looking for safe assets.

Source: https://congthuong.vn/gia-bac-hom-nay-27122024-bac-the-gioi-nguoc-chieu-bac-trong-nuoc-366395.html