Silver continues its downward trend.

Today's silver price is listed at 646,400 VND/ounce for buying and 670,800 VND/ounce for selling. World silver prices weakened to 718,000 VND/ounce for buying and 723,000 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 August 25, 2024:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
99.9% Silver	1 tael	646,500	670,800	648,400	671,500
	1 kg	17,240,000	17,888,000	17,290,000	17,907,000
99.99% Silver	1 tael	648,400	672,600	650,300	674,100
	1 kg	17,300,000	17,937,000	17,340,000	17,977,000

Latest update on world silver prices as of August 25, 2024

Unit	Today's world silver price (VND)
	Buy	Sell
1 Ounce	718,000	723,000
1 tael	86,541	87,150
1 tael	865,000	872,000
1 kg	23,078,000	23,240,000

Global silver prices are constantly fluctuating across major markets including the London Bullion Market Association (LBMA), Comex in New York, Tocom in Tokyo, and the Shanghai Gold Exchange, along with smaller exchanges in Istanbul, Moscow, India, and Singapore.

The silver bullion price shown on the silver price chart above is for 999 pure silver, the standard used for most silver coins and bullion bars. By default, the silver price chart displays the current silver price in troy ounces and British pounds (GBP). It is important to note that troy ounces are the unit commonly used to measure precious metals. A troy ounce weighs approximately 3 grams more, at 31.103 g. The weight options above the chart can also be changed to view the silver price in grams (g) or kilograms (kg). The silver price chart is the perfect way for investors to track the recent trends of this alternative investment metal.

Silver bullion prices are issued in various forms, used by different segments of the market. The most commonly used silver price for retail trading is the spot price. Silver prices are issued Monday through Friday, and the silver market closes between 22:00 and 23:00 GMT each night. The market is also closed on weekends and some bank holidays.

In addition to being used as a common metal, silver is also traded as a safe-haven asset against inflation due to its rarity. The silver trading market is becoming increasingly active and promising, as silver is second only to gold in rarity and liquidity, meeting the needs of investors.

Source: https://congthuong.vn/gia-bac-hom-nay-2582024-bac-tiep-tuc-keo-dai-da-giam-341298.html