At Ancarat Vietnam Joint Stock Company, silver prices have decreased today, listed at VND 1,800,000 per tael (buy) and VND 1,850,000 per tael (sell) in Hanoi. Over the past year, silver prices have surged by nearly 63%.
Meanwhile, 1kg 999 silver bars are priced at VND 47,104,000 per bar (buy) and VND 48,354,000 per bar (sell), updated at 8:58 AM on October 3rd.
Globally, silver prices experienced a dizzying rollercoaster ride since the evening of October 2nd. Specifically, silver prices plummeted from $48 per ounce to $46 per ounce—a 4.1% drop—before rebounding to $46.8 per ounce.
Despite this decline, prices have risen over 44% since the beginning of the year, reflecting strong investor interest amid economic uncertainty.
Global silver prices experienced significant volatility in the past 24 hours.
This volatility is driven by industrial demand, global economic indicators, and shifting market sentiment. Earlier this week, precious metals saw price increases as a government shutdown—the first in nearly seven years—boosted safe-haven demand and delayed key economic reports, including the September non-farm payrolls report.
ADP data revealed an unexpected 32,000 drop in private-sector jobs, reinforcing labor market weakness and supporting bets on further Federal Reserve rate cuts, though Fed’s Goolsbee warned inflation risks could limit easing.
Gold & Silver Rush: Sharks and Whales Pour Billions into Precious Metals Amid Soaring Prices
Global gold funds have collectively amassed nearly 590 tons of gold, while the world’s largest silver fund has acquired approximately 1,100 tons of silver since the beginning of the year.
Silver Prices Rebound Amid Concerns Over US Government Shutdown
Silver prices today, both domestically and globally, have stabilized following the previous session’s decline.
“Rich Dad Poor Dad” Author: ‘I’d Invest in This Asset Right Now—$100 Today Could Turn into $500 in a Year’
“With just $100, I’d invest in silver. The silver market is on the brink of a massive surge. I predict that $100 invested today could potentially grow to $500 within a year,” forecasts Robert Kiyosaki.
Silver Investors Extend Their Winning Streak
Silver prices today remain at a high level both domestically and globally.
Silver Prices Surge: How Much Profit Have Buyers Made in the Past Year?
Silver prices today continue their robust upward trajectory both domestically and globally.
