Today's silver price is listed at 867,000 VND/ounce for buying and 915,000 VND/ounce for selling in Hanoi. In Ho Chi Minh City, the listed price is higher at 868,000 VND/ounce for buying and 917,000 VND/ounce for selling. The world silver price is currently at 702,000 VND/ounce for buying and 707,000 VND/ounce for selling.
Here is the latest information on today's silver prices in the two largest markets , Hanoi and Ho Chi Minh City, on September 11, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
99.9% Silver | 1 tael | 867,000 | 915,000 | 868,000 | 917,000 |
| 1 kg | 23,115,000 | 24,413,000 | 23,153,000 | 24,459,000 | |
| 99.99% Silver | 1 tael | 872,000 | 916,000 | 873,000 | 921,000 |
| 1 kg | 23,263,000 | 24,425,000 | 23,283,000 | 24,562,000 | |
Latest update on world silver prices as of September 11, 2024.
| Unit | Today's world silver price (VND) | |
Buy | Sell | |
| 1 Ounce | 702,000 | 707,000 |
| 1 tael | 84,627 | 85,221 |
| 1 tael | 846,000 | 852,000 |
| 1 kg | 22,567,000 | 22,726,000 |
Silver and platinum prices rose by 1.66% and 3.07%, respectively. This recovery occurred as the market gradually stabilized after a volatile week marked by the release of a series of new economic data.
Confidence in the Federal Reserve's (FED) shift in monetary policy continues to strengthen. Despite market volatility over the past week, investors maintain their belief that the FED will adjust its monetary policy towards greater easing. This has provided positive momentum for both the precious metals and stock markets.
In addition, the US stock market saw widespread growth. All three major US stock indices—the Dow Jones, S&P 500, and Nasdaq—recorded gains of more than 1% on September 10th, ending a previous streak of consecutive declines. This growth indicates that investors are becoming more optimistic about the prospects of the US economy.
However, the market is still waiting to see the US inflation report, which will be released this week. This will be one of the most important economic data points before the Fed's two-day policy meeting on September 17th and 18th. The inflation report will provide crucial information to help investors more accurately assess the Fed's interest rate movements and monetary policy in the coming period.
Source: https://congthuong.vn/gia-bac-hom-nay-1192024-bac-the-gioi-phuc-hoi-tich-cuc-344931.html
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