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Domestic and world silver prices increased slightly

Báo Công thươngBáo Công thương29/11/2024

Silver price today (November 30), silver price recorded a slight increase of about 0.41%, to 30.7 USD/ounce.


Silver price today at Phu Quy Gold Investment Joint Stock Company, silver price adjusted to be listed at 1,128,000 VND/tael (buy) and 1,163,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other trading locations in Hanoi, silver price adjusted to increase, currently listed at 950,000 VND/tael (buy) and 980,000 VND/tael (sell). In Ho Chi Minh City, silver price also adjusted to increase slightly at 952,000 VND/tael (buy) and 982,000 VND/tael (sell). World silver price adjusted to increase at 778,000/ounce (buy) and 783,000/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on November 30, 2024:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

950,000

980,000

952,000

982,000

1 kg 25,332,000 26,130,000 25,384,000 26,181,000
Silver 99.99 1 amount 958,000 988,000 959,000 990,000
1 kg 25,538,000 26,342,000 25,580,000 26,393,000

Update the latest silver price list of Phu Quy Gold Investment Joint Stock Company on November 30, 2024:

Silver type

Unit/VND

Hanoi

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,128,000

1,163,000

Phu Quy 999 Silver Bar 1 kg 30,079,925 31,013,256

Latest update on world silver prices on November 30, 2024:

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

778,000

783,000

1 only 93,764 94,375
1 amount 938,000 944,000
1 kg 25,004,000 25,167,000

Liquidity in the metals market was relatively quiet as the US stock market closed early for the Thanksgiving holiday. However, silver prices recorded a slight increase of about 0.41% to 30.7 USD/ounce.

Geopolitical tensions continue to be a major driver of precious metals prices. Although the ceasefire between Israel and Hezbollah has eased tensions in the Middle East, tensions between Russia and Ukraine show no signs of abating. Investors continue to seek safe havens such as gold and silver to protect their assets amid heightened geopolitical uncertainty.

A weaker US dollar has also been a significant support for precious metals. The Dollar Index has fallen from a two-year high as demand for the greenback in the wake of the Trump trade has cooled. A weaker US dollar makes dollar-denominated assets such as gold cheaper for buyers using other currencies, thereby stimulating demand.

The protectionist trade policies of the United States have also contributed to the increased market volatility and boosted the price of precious metals. The newly elected President’s announcement of tariffs on imported goods from countries such as Canada, Mexico and China has raised concerns about global trade and increased uncertainty in financial markets. In this context, investors continue to seek safe-haven assets such as gold to cope with risks.



Source: https://congthuong.vn/gia-bac-hom-nay-30112024-bac-trong-nuoc-va-the-gioi-tang-nhe-361619.html

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