Today's silver price is listed at 922,000 VND/tael for buying and 956,000 VND/tael for selling in Hanoi. The silver price in Ho Chi Minh City is listed higher at 924,000 VND/tael for buying and 961,000 VND/tael for selling. The world silver price is at 779,000 VND/ounce for buying and 783,000 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 September 29, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 922,000 | 956,000 | 924,000 | 961,000 |
| 1 kg | 24,592,000 | 25,490,000 | 24,640,000 | 25,636,000 | |
| Silver 99.99 | 1 amount | 926,000 | 960,000 | 928,000 | 965,000 |
| 1 kg | 24,688,000 | 25,602,000 | 24,740,000 | 25,739,000 | |
Latest update on world silver prices on September 29, 2024
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 779,000 | 783,000 |
| 1 only | 93,914 | 94,359 |
| 1 amount | 939,000 | 944,000 |
| 1 kg | 25,044,000 | 25,162,000 |
The red color remained on the metal price chart after the previous session's uptrend, mainly due to profit-taking activities by investors at high prices. For precious metals, silver prices weakened from a nearly four-month high, closing at $32.01 an ounce after falling 1.27%. On the other hand, platinum prices continued to rise, increasing 0.4% to $991.7 an ounce.
The precious metals market continues to benefit from the US Federal Reserve’s (FED) large-scale interest rate cut. Experts predict that the prices of silver, platinum and gold will continue to maintain an upward trend in the coming time thanks to the support of a low interest rate environment.
Rising geopolitical tensions are also supporting precious metals prices. Markets are concerned about the possibility of widespread violence in the Middle East as Israel steps up its attacks on the Iran-backed Lebanese Hezbollah militia, with the two sides exchanging rocket fire even as Israel continues its war in Gaza.
Although silver prices fell in the last trading session, the overall outlook for the precious metals market remains positive. With the support of loose monetary policy and geopolitical tensions, experts predict that gold, silver and platinum prices will continue to maintain an upward trend in the coming time.
Source: https://congthuong.vn/gia-bac-hom-nay-2992024-bac-tiep-tuc-ha-nhiet-sau-dot-tang-nong-349001.html
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