Silver continued to rise by 0.3%.

Today's silver price (December 26th) saw a 0.3% increase, reaching $30.28 per ounce, both globally and domestically.

Today's silver price at Phu Quy Gold, Silver and Gemstone Group saw a slight increase, listed at 1,105,000 VND/ounce (buying price) and 1,139,000 VND/ounce (selling price) in Hanoi. Additionally, surveys at other trading locations in Hanoi show a slight increase, currently listed at 921,000 VND/ounce (buying price) and 962,000 VND/ounce (selling price). In Ho Chi Minh City, the silver price also increased, currently at 923,000 VND/ounce (buying price) and 964,000 VND/ounce (selling price). World silver prices rose by 0.3%, currently at 753,000 VND/ounce (buying price) and 758,000 VND/ounce (selling price).

Here is the latest information on today's silver prices in the two largest markets , Hanoi and Ho Chi Minh City, on December 26, 2024:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
99.9% Silver	1 tael	921,000	962,000	923,000	964,000
	1 kg	24,565,000	25,663,000	24,617,000	25,714,000
99.99% Silver	1 tael	929,000	970,000	930,000	972,000
	1 kg	24,771,000	25,875,000	24,813,000	25,926,000

Updated silver price list at Phu Quy Gold, Silver and Gemstone Group on December 26, 2024:

Silver type	Unit/VND	Hanoi
		Buy	Sell
Phu Quy 999 Silver Bars and Ingots	1 tael	1,105,000	1,139,000
999 Gold Ingots	1 kg	29,466,593	30,373,257

Latest update on world silver prices on December 26, 2024:

Unit	Today's world silver price (VND)
	Buy	Sell
1 Ounce	753,000	758,000
1 tael	90,818	91,431
1 tael	908,000	914,000
1 kg	24,218,000	24,382,000

The metals market was relatively quiet with lower trading volume compared to previous sessions due to the impact of the Christmas holiday in the US. The market closed early on the holiday, so prices will be calculated up to 2:00 AM on December 25th, Vietnam time. For precious metals, silver prices rose approximately 0.3% to $30.28 per ounce.

Precious metal prices continued their upward trend after key inflation data released last weekend showed signs of cooling down. Specifically, according to data released by the Bureau of Economic Analysis of the U.S. Department of Commerce, the core Personal Consumption Expenditures (PCE) index, excluding energy and food price fluctuations, rose 2.8% in November year-on-year, 0.1 percentage point lower than forecast. Compared to the previous month, the core PCE index increased by only 0.1% in November, 0.1 percentage point lower than forecast and a slowdown from the 0.3% increase in October. This is also the lowest level in the past seven months.

The fact that the Federal Reserve's preferred measure of inflation cooled down faster than expected has somewhat eased recent concerns that the Fed would delay cutting interest rates due to signs of rising inflation. This has helped money gradually flow back into precious metals.

Source: https://congthuong.vn/gia-bac-hom-nay-26122024-bac-tiep-tuc-tang-03-366208.html