Today's silver price is listed at 903,000 VND/tael for buying and 944,000 VND/tael for selling in Hanoi. The silver price in Ho Chi Minh City is listed higher at 904,000 VND/tael for buying and 946,000 VND/tael for selling. The world silver price decreased with the price of 710,000 VND/ounce for buying and 715,000 VND/ounce for selling.
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on September 4, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 903,000 | 944,000 | 904,000 | 946,000 |
| 1 kg | 24,072,000 | 25,170,000 | 24,110,000 | 25,216,000 | |
| Silver 99.99 | 1 amount | 904,000 | 944,000 | 905,000 | 949,000 |
| 1 kg | 24,120,000 | 25,182,000 | 24,140,000 | 24,319,000 | |
Latest update on world silver prices on September 4, 2024
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 710,000 | 715,000 |
| 1 only | 85,596 | 86,196 |
| 1 amount | 5 | 862,000 |
| 1 kg | 22,826,000 | 22,986,000 |
The world's raw material market has just experienced a day of low liquidity as the US celebrates Labor Day.
At the end of the first trading session of the week, the metal market was quite quiet with low liquidity. For precious metals, as of 1:30 a.m. this morning (September 3), the price of silver decreased by 0.87% to 28.8 USD/ounce, the price of platinum also lost 0.23% to 930.1 USD/ounce.
The precious metals group fluctuated quite a bit due to the uncertainty about the US Federal Reserve's (FED) interest rate outlook. Data released over the weekend showed that the US inflation rate is slowing down, as shown by the US personal consumption expenditure (PCE) price index and core PCE remaining unchanged from the previous month, reaching 2.5% and 2.6% respectively in July. This could lead to the FED cutting only 25 basis points at the September meeting, instead of the 50 basis points that investors currently expect.
Therefore, the market will continue to wait for the US non-farm payroll report to be released on Friday (September 6) for clearer clues about the FED's interest rate cut scenario.
Source: https://congthuong.vn/gia-bac-hom-nay-492024-gia-bac-tiep-tuc-giam-087-343207.html
![[Photo] Prime Minister Pham Minh Chinh chairs a meeting on the implementation of the Lao Cai-Hanoi-Hai Phong railway project.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/5/20/0fa4c9864f63456ebc0eb504c09c7e26)
Comment (0)