Domestic silver prices remain unchanged
In Hanoi , the price of Phu Quy 999 silver bars is listed at 1,457,000 VND/tael for buying and 1,502,000 VND/tael for selling, unchanged from yesterday.
| Silver type | Unit | Buy (VND) | Sell (VND) |
| Silver bars, Phu Quy 999 silver bars | 1 amount | 1,457,000 | 1,502,000 |
| Phu Quy 999 Silver Bar | 1 kg | 38,853,236 | 40,053,233 |
At other trading points, 99.9 silver remained at 1,193,000 - 1,227,000 VND/tael in Hanoi and 1,195,000 - 1,233,000 VND/tael in Ho Chi Minh City. The price of 99.99 silver fluctuated around 1,201,000 - 1,237,000 VND/tael.
| Silver type | Unit | Hanoi | Ho Chi Minh City | ||
| Buy | Sell | Buy | Sell | ||
| Silver 99.9 | 1 amount | 1,193,000 | 1,227,000 | 1,195,000 | 1,233,000 |
| 1 kg | 31,821,000 | 32,719,000 | 31,873,000 | 32,870,000 | |
| Silver 99.99 | 1 amount | 1,201,000 | 1,235,000 | 1,203,000 | 1,237,000 |
| 1 kg | 32,027,000 | 32,931,000 | 32,069,000 | 32,982,000 | |
Calculated by the price of 1kg of silver bars, the market lists from 31.8 to more than 40 million VND/kg depending on the type and brand.
World silver price remains stable, recovery expected
In the international market, the spot silver price is currently maintained at 37.96 USD/ounce - unchanged from the previous session. In Vietnamese Dong, the buying price is 998,000 VND/ounce, the selling price is 1,003,000 VND/ounce.
| Unit | Buy (VND) | Sell (VND) |
| 1 Ounce | 998,000 | 1,003,000 |
| 1 amount | 120,274 | 120,905 |
| 1 only | 1,203,000 | 1,209,000 |
| 1 kg | 32,073,000 | 32,241,000 |
Silver prices jumped to $39.527 an ounce on July 22 - a 14-year high - but have since retreated to support around $38.
Experts remain optimistic about the long-term outlook. According to Christian Magoon, CEO of Amplify ETFs, if the US reaches favorable trade agreements, industrial demand for silver will be boosted, especially from the manufacturing and technology sectors.
Source: https://baodanang.vn/gia-bac-hom-nay-28-7-on-dinh-sau-ba-phien-giam-lien-tiep-3298085.html
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