Silver fell to $30.84 per ounce.

Today, January 25th, silver prices in both the domestic and international markets are trending downwards after the previous strong increase.

Today's silver price at Phu Quy Gold, Silver and Gemstone Group is slightly lower, listed at 1,148,000 VND/ounce (buying price) and 1,184,000 VND/ounce (selling price) in Hanoi .

Additionally, according to surveys at other trading locations in Hanoi, the price of silver reversed its upward trend and is currently listed at 949,000 VND/ounce (buying price) and 983,000 VND/ounce (selling price).

In Ho Chi Minh City, silver prices followed a downward trend, currently at 951,000 VND/ounce (buying price) and 988,000 VND/ounce (selling price). World silver prices also decreased slightly, currently at 776,000 VND/ounce (buying price) and 781,000 VND/ounce (selling price).

Silver price today, January 25th: Silver falls to $30.84 per ounce.

For precious metals, silver prices lost nearly 2% of their value, falling to $30.84 per ounce. The price of the precious metal was pressured during the session amid uncertainty surrounding the Federal Reserve's interest rate decision at its meeting on January 28-29.

After two years of surprisingly positive progress on inflation and economic growth, the Federal Reserve will meet next week to assess the new policies of the Trump administration and the subsequent bond market. These uncertainties pose potential challenges to an economy where inflation is nearing the Fed's 2% target, yet has avoided recession and a sharp rise in unemployment.

Accordingly, most financial markets are betting that the Fed will keep interest rates unchanged at next week's meeting after having already lowered them by a single percentage point since September last year. CME Group's interest rate tracker shows a 99.5% probability that the Fed will not cut interest rates next week. The Fed maintaining higher interest rates than previously expected could put pressure on precious metal prices, especially as geopolitical conflicts have shown signs of easing recently.

Source: https://baodaknong.vn/gia-bac-hom-nay-25-1-bac-giam-ve-muc-30-84-usd-ounce-241306.html