Today's silver price is listed at 925,000 VND/tael for buying and 962,000 VND/tael for selling in Hanoi. The silver price in Ho Chi Minh City is listed higher at 926,000 VND/tael for buying and 968,000 VND/tael for selling. The world silver price is at 758,000 VND/ounce for buying and 762,000 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 24, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 925,000 | 962,000 | 926,000 | 968,000 |
| 1 kg | 24,665,000 | 25,663,000 | 24,703,000 | 25,809,000 | |
| Silver 99.99 | 1 amount | 930,000 | 963,000 | 931,000 | 972,000 |
| 1 kg | 24,813,000 | 25,675,000 | 24,833,000 | 25,912,000 | |
Latest update on world silver prices on September 24, 2024
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 758,000 | 762,000 |
| 1 only | 91,434 | 91,879 |
| 1 amount | 914,000 | 919,000 |
| 1 kg | 24,382,000 | 24,501,000 |
The metal market experienced a volatile week with the focus on the FED interest rate cut. For the precious metals group, silver prices increased for two consecutive weeks with an increase of 1.39% to 31.5 USD/ounce, the highest in more than two months. On the contrary, platinum prices turned down from a peak of nearly two months when they lost 2.47% of their value, closing the week, the price of this item was listed at 981.9 USD/ounce.
The Fed’s decision to cut interest rates sharply was considered by experts to be “dovish” and an optimistic start to the monetary easing campaign. Precious metals, which are sensitive to interest rate fluctuations, were also expected to benefit from this move. However, silver and platinum prices fluctuated in opposite directions afterwards, reflecting that investors were still cautiously assessing the impact of the policy on prices. However, experts said the outlook for precious metals prices was still inclined to increase, at least in the short term.
Source: https://congthuong.vn/gia-bac-hom-nay-2492024-gia-bac-dao-chieu-tang-tro-lai-347845.html
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