Silver price today (November 22), silver price turned down 0.82% after the previous increase due to the impact of the USD.
Silver price today at Phu Quy Gold Investment Joint Stock Company, silver price is stable at 1,155,000 VND/tael (buy) and 1,191,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other trading locations in Hanoi, silver price is currently listed at 968,000 VND/tael (buy) and 998,000 VND/tael (sell). In Ho Chi Minh City, silver price is listed higher, at 970,000 VND/tael (buy) and 1,000,000 VND/tael (sell). World silver price is at 794,000 VND/ounce (buy) and 799,000 VND/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on November 22, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell out | Buy | Sell out | ||
99.9 silver | 1 amount | 968,000 | 998,000 | 970,000 | 1,000,000 |
| 1 kg | 25,806,000 | 26,604,000 | 25,858,000 | 26,655,000 | |
| Silver 99.99 | 1 amount | 975,000 | 1,006,000 | 977,000 | 1,008,000 |
| 1 kg | 26,012,000 | 26,816,000 | 26,054,000 | 26,867,000 | |
Update the latest silver price list of Phu Quy Gold Investment Joint Stock Company on November 22, 2024:
Silver type | Unit/VND | Hanoi | |
Buy | Sell out | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,155,000 | 1,191,000 |
| Phu Quy 999 Silver Bar | 1 kg | 30,799,923 | 31,759,921 |
Latest update on world silver price on November 22, 2024:
| Unit | World silver price today (VND) | |
Buy | Sell out | |
| 1 Ounce | 794,000 | 799,000 |
| 1 finger | 95,681 | 96,294 |
| 1 amount | 957,000 | 963,000 |
| 1 kg | 25,515,000 | 25,678,000 |
The metal market was quite mixed yesterday. For precious metals, silver and platinum prices both fell back due to pressure from the USD. Of which, silver price decreased 0.82% to 31 USD/ounce.
However, the stronger US dollar has put strong pressure on the price of precious metals, overshadowing the role of safe haven. The Dollar Index recovered after three consecutive sessions of decline and returned to the highest level in a year, closing up 0.45% at 106.68 points. Investors continued to rush to buy the greenback following the "Trump trade" wave and due to concerns that the US Federal Reserve (FED) may keep interest rates high for longer. CME Group's FedWatch interest rate tracking tool showed that market expectations for a rate cut in December have dropped significantly, with the betting rate now at 55.7%, down from 82.5% just a week ago.
Source: https://congthuong.vn/gia-bac-hom-nay-22112024-bac-quay-da-u-gia-m-082-360121.html
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