Silver price fluctuations 10. 9: Simultaneous increase

    Phương Anh |

    Silver price fluctuations 10. 9: Silver prices simultaneously increase in both domestic and world markets.

    Domestic silver prices

    As of 9:35 am on September 10, the price of 999 silver bars (1 tael) at Phu Quy Jewelry Group was listed at the threshold of 2,273 - 2,343 million VND/tael (buying - selling); an increase of 36,000 VND/tael on the buying side and an increase of 37,000 VND/tael on the selling side compared to yesterday morning.

    Biến động giá bạc trong nước những phiên gần đây, cập nhật đến 9h35 ngày 10.9. Biểu đồ: Phương Anh
    Domestic silver price fluctuations in recent sessions, updated to 9:35 am on the 10th. 9. Chart: Phuong Anh

    The price of 999 silver ingots (1kg) at Phu Quy Jewelry Group is listed at 60.613 - 62.479 million VND/kg (buying - selling); an increase of 960,000 VND/kg on the buying side and an increase of 986,000 VND/kg on the selling side compared to yesterday morning.

    At the same time, the price of silver bars 2024 Ancarat 999 (1 tael) at Ancarat Gem Company was listed at the threshold of 2,244 - 2,311 million VND/tael (buying - selling); an increase of 34,000 VND/tael on the buying side and an increase of 35,000 VND/tael on the selling side compared to yesterday morning.

    The price of silver ingots 2025 Ancarat 999 (1kg) at Ancarat Gem Company is listed at 59.296 - 61.126 million VND/kg (buying - selling); an increase of 912,000 VND/kg on the buying side and an increase of 932,000 VND/kg on the selling side compared to yesterday morning.

    The price of 999 silver (1 tael) of DOJI Jewelry Group Joint Stock Company is listed at the threshold of 2.301 - 2.401 million VND/tael (buying - selling); an increase of 49,000 VND/tael in both buying and selling directions compared to yesterday morning.

    World silver price

    On the world market, as of 9:40 am on September 10 (Vietnam time), the world silver price was listed at 67.62 USD/ounce; an increase of 1.60 USD compared to yesterday morning.

    Diễn biến giá bạc thế giới những phiên gần đây, cập nhật đến 9h40 ngày 10.9. Biểu đồ: Phương Anh
    World silver price movements in recent sessions, updated to 9:40 am on the 10th. 9. Chart: Phuong Anh

    Causes and forecasts

    World silver prices rebounded, thereby ending a 3-session declining streak. The upward momentum of the precious metal took place amid a weakening USD.

    The market is currently focusing its attention on US inflation data released this week. The producer price index (PPI) is expected to be released on September 10, while the consumer price index (CPI) will be released on September 11. These are important data, which may help investors further assess the possibility of interest rate policy adjustments by the US Federal Reserve (Fed).

    The information in the article only reflects market developments, not investment recommendations. Investors need to carefully consider risk factors before making a decision.

    See more news related to silver prices HERE...

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