Silver price today (December 17), in the first session of the week, recorded a slight increase in domestic and world silver prices.
Silver price today at Phu Quy Jewelry Group, silver price increased slightly at 1,132,000 VND/tael (buy) and 1,167,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, silver price increased slightly, currently listed at 939,000 VND/tael (buy) and 973,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased at 941,000 VND/tael (buy) and 975,000 VND/tael (sell). World silver price also tends to increase, currently at 778,000/ounce (buy) and 783,000/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on December 17, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 939,000 | 973,000 | 941,000 | 975,000 |
| 1 kg | 25,052,000 | 25,950,000 | 25,104,000 | 26,001,000 | |
| Silver 99.99 | 1 amount | 947,000 | 981,000 | 949,000 | 983,000 |
| 1 kg | 25,258,000 | 26,162,000 | 25,300,000 | 26,213,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on December 17, 2024:
Silver type | Unit/VND | Hanoi | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,132,000 | 1,167,000 |
| Phu Quy 999 Silver Bar | 1 kg | 30,186,591 | 31,119,922 |
Latest update on world silver prices on December 17, 2024:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 778,000 | 783,000 |
| 1 only | 93,850 | 94,462 |
| 1 amount | 938,000 | 945,000 |
| 1 kg | 25,027,000 | 25,190,000 |
Silver prices edged up after three straight sessions of steep declines. In addition, a weakening Chinese economy could impact other macro factors, such as global growth, supply chains, and even investment strategies in renewable energy. These concerns will cause investors and industrial companies to adjust their forecasts for future demand and prices of silver.
Moreover, the rising trend of the US dollar along with the US 10-year bond yield rising to a two-week high has prompted investors to move to higher-yielding and safer assets such as US government bonds. This reduces the demand for assets such as silver, which are considered safe havens and do not directly yield interest like bonds.
Source: https://congthuong.vn/gia-bac-hom-nay-17122024-bac-quay-da-u-tang-nhe-364587.html
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