Silver price today (December 26), world and domestic silver prices recorded an increase of 0.3% to 30.28 USD/ounce.
Silver price today at Phu Quy Jewelry Group, silver price increased slightly, listed at 1,105,000 VND/tael (buy) and 1,139,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, silver price increased slightly, currently listed at 921,000 VND/tael (buy) and 962,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 923,000 VND/tael (buy) and 964,000 VND/tael (sell). World silver price increased by 0.3%, currently at 753,000/ounce (buy) and 758,000/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on December 26, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 921,000 | 962,000 | 923,000 | 964,000 |
| 1 kg | 24,565,000 | 25,663,000 | 24,617,000 | 25,714,000 | |
| Silver 99.99 | 1 amount | 929,000 | 970,000 | 930,000 | 972,000 |
| 1 kg | 24,771,000 | 25,875,000 | 24,813,000 | 25,926,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on December 26, 2024:
Silver type | Unit/VND | Hanoi | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,105,000 | 1,139,000 |
| Phu Quy 999 Silver Bar | 1 kg | 29,466,593 | 30,373,257 |
Latest update on world silver prices on December 26, 2024:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 753,000 | 758,000 |
| 1 only | 90,818 | 91,431 |
| 1 amount | 908,000 | 914,000 |
| 1 kg | 24,218,000 | 24,382,000 |
The metals market was relatively quiet with lower trading volume than previous sessions due to the Christmas holiday in the US. The market closed early on the holiday, so prices will be calculated as of 2:00 a.m. on December 25, Vietnam time. For precious metals, silver prices increased by about 0.3% to $30.28/ounce.
Precious metal prices continued to maintain their upward momentum after important inflation data released late last week showed signs of cooling. Specifically, according to data released by the Bureau of Economic Analysis of the US Department of Commerce, in November, the US's core personal consumption expenditures (PCE) price index, excluding fluctuations in energy and food prices, increased 2.8% compared to the same period last year, 0.1 percentage points lower than forecast. Compared to the previous month, the core PCE index increased by only 0.1% in November, this figure was 0.1 percentage points lower than forecast and cooled down from the 0.3% increase in October. This is also the lowest level in the past 7 months.
The US Federal Reserve’s preferred inflation gauge cooled faster than expected, helping to ease recent concerns that the Fed would delay rate cuts as inflation showed signs of picking up again, and this has helped money gradually return to the precious metals group.
Source: https://congthuong.vn/gia-bac-hom-nay-26122024-bac-tiep-tuc-tang-03-366208.html
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