Today's silver price is listed at 921,000 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 923,000 VND/tael for buying and 968,000 VND/tael for selling. The world silver price is at 793,000 VND/ounce for buying and 797,000 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 28, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 921,000 | 962,000 | 923,000 | 968,000 |
| 1 kg | 24,562,000 | 25,660,000 | 24,610,000 | 25,806,000 | |
| Silver 99.99 | 1 amount | 925,000 | 966,000 | 927,000 | 972,000 |
| 1 kg | 24,658,000 | 25,772,000 | 24,710,000 | 25,909,000 | |
Latest update on world silver prices on September 28, 2024
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 783,000 | 787,000 |
| 1 only | 94,409 | 94,854 |
| 1 amount | 944,000 | 949,000 |
| 1 kg | 25,176,000 | 25,294,000 |
At the end of the trading session, the metal market witnessed a significant reversal when 5/10 items recorded a decrease. The red color covered the metal price chart after a previous session of positive trading, mainly due to profit-taking activities of investors at high prices. In the group of precious metals, silver prices weakened from a nearly 4-month peak, closing at 32.01 USD/ounce, down 1.27%. This adjustment took place after a strong increase in the previous session.
Many factors affecting the precious metals market, such as the US Federal Reserve's decision to cut interest rates, continue to be a strong support for the precious metals market. Low interest rates create favorable conditions for investment in safe-haven assets such as gold, silver and platinum. Tensions in the Middle East, especially the conflict between Israel and Hezbollah, have increased concerns about global geopolitical instability. This has boosted demand for safe havens, supporting the price of precious metals. In addition, after a period of strong price increases, investors have taken profits, putting downward pressure on silver prices.
Experts predict that the upward trend in silver, platinum and gold prices will continue in the coming period thanks to the support of low interest rates and geopolitical tensions. However, the market may still witness short-term fluctuations due to profit-taking and other unexpected factors.
Source: https://congthuong.vn/gia-bac-hom-nay-2892024-bac-the-gioi-tiep-tuc-chi-m-trong-sac-do-348838.html
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