Silver prices in the country and the world increased simultaneously.

Silver price today (December 6), world and domestic silver recorded continued increase compared to the previous trading session.

Silver price today at Phu Quy Jewelry Group, silver price adjusted up at 1,152,000 VND/tael (buy) and 1,188,000 VND/tael (sell) in Hanoi . In addition, according to a survey at other trading locations in Hanoi, silver price increased slightly, currently listed at 959,000 VND/tael (buy) and 996,000 VND/tael (sell). In Ho Chi Minh City, silver price also recorded an increase at 961,000 VND/tael (buy) and 998,000 VND/tael (sell). World silver price increased at 794,000 VND/ounce (buy) and 799,000 VND/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on December 6, 2024:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell ​​out	Buy	Sell ​​out
99.9 silver	1 amount	959,000	996,000	961,000	998,000
	1 kg	25,562,000	26,560,000	25,614,000	26,611,000
Silver 99.99	1 amount	966,000	1,004,000	968,000	1,006,000
	1 kg	25,768,000	26,772,000	25,810,000	26,823,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on December 6, 2024:

Silver type	Unit/VND	Hanoi
		Buy	Sell ​​out
Silver bars, Phu Quy 999 silver bars	1 amount	1,152,000	1,188,000
Phu Quy 999 Silver Bar	1 kg	30,719,923	31,679,921

Latest update on world silver price on December 6, 2024:

Unit	World silver price today (VND)
	Buy	Sell ​​out
1 Ounce	794,000	799,000
1 finger	95,743	96,356
1 amount	957,000	964,000
1 kg	25,532,000	25,695,000

The recovery of silver took place in the context of escalating trade tensions between the US and China. Domestically, businesses also adjusted to the increase in world silver prices.

In the international market, silver prices rose 2.03% in the previous trading session to $31.49/ounce, a remarkable recovery amid rising trade tensions between the US and China. This has led many investors to seek silver as a safe-haven asset. China's ban on exports of some important materials to the US has raised concerns about disruptions in global supply chains, pushing up the prices of silver and other precious metals.

Another important factor supporting silver prices is the weakening of the US dollar. The Dollar Index has fallen slightly, showing that the greenback's appeal is decreasing. When the US dollar weakens, silver and other precious metals become more attractive to international investors. Financial experts say that silver prices may continue to rise in the coming time if tensions between the US and China show no signs of easing.

In the context of high inflation, tight monetary policy and geopolitical instability, silver is considered a safe investment channel, helping to protect the value of investors' assets. The increase in silver prices reflects the market's concerns about the global economic outlook. However, experts also warn that silver prices may continue to fluctuate strongly in the coming time, and investors need to closely monitor the developments of macroeconomic factors.

Source: https://congthuong.vn/gia-bac-hom-nay-6122024-bac-trong-nuoc-va-the-gioi-dong-ng-loat-tang-362705.html