Overview of silver price today 12/19/2024
Today's silver price at Phu Quy Jewelry Group remained stable at VND1,132,000/tael (buy) and VND1,167,000/tael (sell) in Hanoi. In addition, a survey at other transaction points in Hanoi showed that silver prices increased slightly, currently trading at VND936,000/tael (buy) and VND970,000/tael (sell). In Ho Chi Minh City, silver prices also recorded a slight increase at VND938,000/tael (buy) and VND971,000/tael (sell). In the world market, silver prices also tended to increase, currently fluctuating at VND774,000/ounce (buy) and VND779,000/ounce (sell).
Update on silver prices on December 19 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 | 936,000 | 970,000 | 938,000 | 971,000 |
| 1 kg | 24,956,000 | 25,854,000 | 25,008,000 | 25,905,000 | |
| Silver 99.99 | 1 amount | 944,000 | 977,000 | 945,000 | 979,000 |
| 1 kg | 25,162,000 | 26,066,000 | 25,204,000 | 26,117,000 | |
Update silver price list 19/12 of Phu Quy Gold Investment Joint Stock Company
| Silver type | Unit/VND | Hanoi | |
| Buy | Sell | ||
| Silver bars, Phu Quy 999 silver bars | 1 amount | 1,132,000 | 1,167,000 |
| Phu Quy 999 Silver Bar | 1 kg | 30,186,591 | 31,119,922 |
Update world silver price list on December 19, 2024
| Unit | World silver price today (VND) | |
| Buy | Sell | |
| 1 Ounce | 774,000 | 779,000 |
| 1 only | 93,358 | 93,972 |
| 1 amount | 934,000 | 940,000 |
| 1 kg | 24,896,000 | 25,059,000 |
Silver prices recovered slightly after being impacted by US inflation data. The US producer price index (PPI) rose 3.4% year-on-year in November, beating expectations by 0.2 percentage points. Compared to the previous month, the PPI increased 0.4%, the highest level since June 2024, raising concerns about the risk of inflation returning.
However, investors remain cautious due to pressure from the US dollar and the monetary policy of the US Federal Reserve (FED), causing silver prices to fluctuate slightly without enough momentum to grow significantly.
Source: https://baodaknong.vn/gia-bac-ngay-19-12-gia-bac-nhich-nhe-tren-ca-thi-truong-trong-nuoc-va-quoc-te-237312.html
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