On November 7, Sacombank Gold and Gemstone Company (SBJ) listed the buying price of silver bars at 1.836 million VND and the selling price at 1.884 million VND/tael, a decrease of about 18,000 VND per tael compared to the end of yesterday.
Phu Quy Group bought silver bars of all kinds for 1,847 million VND and sold for 1,904 million VND/tael, an increase of 15,000 VND per tael. This is the second consecutive day of price increase for this brand.
Other brands such as Ancarat and Golden Fun sell silver for around VND1,861 - 1,899 million/tael.
Silver price today is different everywhere
In the international market, silver price today is trading at 48.31 USD/ounce, slightly down from the previous session.
The notable development is that despite the US stock market being continuously sold off, silver prices have not been able to regain their upward momentum but have fluctuated in a narrow range along with gold.
According to analysts, if silver prices can recover above $50/ounce, the upward trend will return. In the medium and long term, silver prices are forecast to continue to increase thanks to high investment demand and large industrial demand.
In the domestic market, many silver brands such as Phu Quy and SBJ have not yet reopened their silver delivery channels at the counter, but mainly accept silver orders online and pre-payment.
Currently, the world silver price converted according to the listed exchange rate is about 1,529 million VND/tael.
Source: https://nld.com.vn/gia-bac-hom-nay-7-11-hai-thuong-hieu-lon-bien-dong-nguoc-chieu-196251107104224434.htm
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