Today's silver price is listed at 903,000 VND/tael for buying and 944,000 VND/tael for selling in Hanoi. The silver price in Ho Chi Minh City is listed higher at 904,000 VND/tael for buying and 946,000 VND/tael for selling. The world silver price decreased with the price of 710,000 VND/ounce for buying and 715,000 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 4, 2024:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell out | Buy | Sell out | ||
99.9 silver | 1 amount | 903,000 | 944,000 | 904,000 | 946,000 |
| 1 kg | 24,072,000 | 25,170,000 | 24,110,000 | 25,216,000 | |
| Silver 99.99 | 1 amount | 904,000 | 944,000 | 905,000 | 949,000 |
| 1 kg | 24,120,000 | 25,182,000 | 24,140,000 | 24,319,000 | |
Latest update on world silver prices on September 4, 2024
| Unit | World silver price today (VND) | |
Buy | Sell out | |
| 1 Ounce | 710,000 | 715,000 |
| 1 finger | 85,596 | 86,196 |
| 1 amount | 5 | 862,000 |
| 1 kg | 22,826,000 | 22,986,000 |
The world raw material market just experienced a day of low liquidity as the US celebrated Labor Day.
At the end of the first trading session of the week, the metal market was quite quiet with thin liquidity. For precious metals, as of 1:30 this morning (September 3), the price of silver decreased by 0.87% to 28.8 USD/ounce, the price of platinum also lost 0.23% to 930.1 USD/ounce.
The precious metals group fluctuated quite a bit due to the uncertainty about the US Federal Reserve's (FED) interest rate outlook. Data released over the weekend showed that the US inflation rate is slowing down, as shown by the US personal consumption expenditure (PCE) price index and core PCE remaining unchanged from the previous month, reaching 2.5% and 2.6% respectively in July. This could cause the FED to cut only 25 basis points at the September meeting, instead of the 50 basis points that investors currently expect.
Therefore, the market will continue to wait for the US non-farm payroll report to be released on Friday (September 6) for clearer clues about the FED's interest rate cut scenario.
Source: https://congthuong.vn/gia-bac-hom-nay-492024-gia-bac-tiep-tuc-giam-087-343207.html
![[Photo] Prime Minister Pham Minh Chinh attends the World Congress of the International Federation of Freight Forwarders and Transport Associations - FIATA](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/10/08/1759936077106_dsc-0434-jpg.webp)
![[Photo] Prime Minister Pham Minh Chinh inspects and directs the work of overcoming the consequences of floods after the storm in Thai Nguyen](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/10/08/1759930075451_dsc-9441-jpg.webp)
![[Photo] Closing of the 13th Conference of the 13th Party Central Committee](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/10/08/1759893763535_ndo_br_a3-bnd-2504-jpg.webp)
Comment (0)