Overview of silver price today 12/12/2024
Silver prices at Phu Quy Jewelry Group today increased significantly, currently at 1,177,000 VND/tael (buy) and 1,213,000 VND/tael (sell) in Hanoi . In addition, at other trading locations in Hanoi , silver prices are listed at 977,000 VND/tael (buy) and 1,007,000 VND/tael (sell). In Ho Chi Minh City, silver prices also increased and are currently at 979,000 VND/tael (buy) and 1,009,000 VND/tael (sell). In the international market, silver prices increased slightly, at 807,000 VND/ounce (buy) and 812,000 VND/ounce (sell).
Update on silver prices on December 12 in two major markets Hanoi and Ho Chi Minh City
| Silver type | Unit | Hanoi | Ho Chi Minh City | ||
| Buy | Sell | Buy | Sell | ||
| Silver 99.9 | 1 amount | 977,000 | 1,007,000 | 979,000 | 1,009,000 |
| 1 kg | 26,061,000 | 26,859,000 | 26,113,000 | 26,910,000 | |
| Silver 99.99 | 1 amount | 985,000 | 1,015,000 | 987,000 | 1,017,000 |
| 1 kg | 26,267,000 | 27,071,000 | 26,309,000 | 27,122,000 | |
Update silver price list 12/12 of Phu Quy Gold Investment Joint Stock Company
| Silver type | Unit/VND | Hanoi | |
| Buy | Sell | ||
| Silver bars, Phu Quy 999 silver bars | 1 amount | 1,177,000 | 1,213,000 |
| Phu Quy 999 Silver Bar | 1 kg | 31,386,588 | 32,346,586 |
Update world silver price list on December 12, 2024
| Unit | World silver price today (VND) | |
| Buy | Sell | |
| 1 Ounce | 807,000 | 812,000 |
| 1 only | 97,295 | 97,907 |
| 1 amount | 973,000 | 979,000 |
| 1 kg | 25,945,000 | 26,108,000 |
Silver prices are currently on a strong upward trend after China, the world’s largest gold importer, decided to restart gold purchases after a 6-month hiatus. This not only boosted the gold market but also had a positive impact on the silver market, showing that demand for the precious metal is increasing.
Silver prices are also affected by factors such as interest rates, exchange rates, and industrial demand, especially in the high-tech sector. In addition, escalating conflicts in the region have created an unstable environment, causing investors to seek safe havens such as silver and gold.
Investors became more optimistic about the global economic outlook after a number of positive economic indicators were released, not only boosting demand for silver but also creating a favorable environment for risk assets.
Source: https://baodaknong.vn/gia-bac-hom-nay-12-12-2024-bac-tiep-tuc-xu-huong-tang-manh-236685.html
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