Silver price today 11-12: Continued increase, silver company warns of fraud

(NLDO) - Domestic silver prices continue to increase, far exceeding the 2 million VND/tael mark. A silver company warns of a new scammer.

On the morning of November 12, the price of silver bars at Phu Quy Group was traded around 1.961 million VND/tael for buying and 2.022 million VND/tael for selling, an increase of 18,000 VND per tael compared to yesterday.

Sacombank Gold and Gemstone Company (SBJ) listed the price of silver bars at 1.95 million VND/tael for buying and 1.998 million VND/tael for selling.

Some other brands such as Ancarat and Golden Fun also pushed silver prices up to 2,004 - 2,013 million VND/tael.

Currently, the silver price today in the domestic market is at its highest level in 3 weeks.

In the past week, silver prices have increased by nearly 8% and are heading towards the historical peak of around VND2.14 million/tael in October.

Silver price continues to increase today, far surpassing the 2 million mark

In the international market, silver price this afternoon was traded at 51.23 USD/ounce, a further increase compared to the previous session's mark of 50.62 USD/ounce.

Meanwhile, Phu Quy Group has just issued a fraud warning. Accordingly, the company does not have any promotional programs related to silver products. The products commemorating the 50th anniversary of National Reunification and the 80th anniversary of National Day have long been discontinued and are no longer sold or used for promotions.

"All fanpages accepting orders for promotional silver, commemorative silver products, and registering to buy silver for storage are fake pages and show signs of fraud. Customers need to be careful to avoid being scammed" - Phu Quy's announcement clearly stated.

Source: https://nld.com.vn/gia-bac-hom-nay-12-11-tang-tiep-cong-ty-bac-canh-bao-lua-dao-196251112103656055.htm