Overview of silver price today 12/7/2024
Today, the silver price at Phu Quy Jewelry Group has slightly decreased. Specifically, the silver buying price is 1,151,000 VND/tael and the selling price is 1,187,000 VND/tael in Hanoi . In addition, at other transaction points in Hanoi , the silver price is listed at 961,000 VND/tael (buy) and 995,000 VND/tael (sell).
In Ho Chi Minh City, the silver price recorded a buying price of 963,000 VND/tael and a selling price of 997,000 VND/tael.
In the international market, silver prices have also been adjusted, currently trading at 795,000 VND/ounce (buy) and 800,000 VND/ounce (sell).
Update on silver price on December 7 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 | 961,000 | 995,000 | 963,000 | 997,000 |
| 1 kg | 25,626,000 | 26,524,000 | 25,678,000 | 26,575,000 | |
| Silver 99.99 | 1 amount | 969,000 | 1,003,000 | 970,000 | 1,005,000 |
| 1 kg | 25,832,000 | 26,736,000 | 25,874,000 | 26,787,000 | |
Update silver price list 7/12 of Phu Quy Gold Investment Joint Stock Company
| Silver type | Unit/VND | Hanoi | |
| Buy | Sell | ||
| Silver bars, Phu Quy 999 silver bars | 1 amount | 1,151,000 | 1,187,000 |
| Phu Quy 999 Silver Bar | 1 kg | 30,693,257 | 31,653,254 |
Update world silver price list on December 7, 2024
| Unit | World silver price today (VND) | |
| Buy | Sell | |
| 1 Ounce | 795,000 | 800,000 |
| 1 only | 95,811 | 96,424 |
| 1 amount | 958,000 | 964,000 |
| 1 kg | 25,550,000 | 25,713,000 |
Domestic and international silver prices continued to record a strong increase compared to the previous trading session, influenced by the increasing tension in the trade relationship between the US and China. In particular, China's ban on the export of important materials such as gallium, germanium and antimony to the US has created concerns about disruptions in the global supply chain, causing investors to seek silver as a safe haven.
In addition, the weakening of the US dollar also supported the increase in silver prices. The US Dollar Index decreased slightly, reducing the attractiveness of the greenback and making silver a more attractive investment option for international investors. In the context of rising inflation and geopolitical instability, silver continues to be highly valued as a safe-haven asset.
Source: https://baodaknong.vn/gia-bac-hom-nay-7-12-2024-gia-bac-tang-nhe-ca-trong-nuoc-va-tren-the-gioi-236290.html
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