Silver price today (January 17, 2025), domestic and world silver prices increased more than 4%.
Silver price today at Phu Quy Jewelry Group, silver price tends to increase, listed at 1,120,000 VND/tael (buy) and 1,155,000 VND/tael (sell) in Hanoi . In addition, according to a survey at other transaction locations in Hanoi, silver price increased sharply, currently listed at 963,000 VND/tael (buy) and 997,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 965,000 VND/tael (buy) and 1,002,000 VND/tael (sell). World silver price increased, currently at 782,000 VND/ounce (buy) and 787,000 VND/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on January 17, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 963,000 | 997,000 | 965,000 | 1,002,000 |
| 1 kg | 25,681,000 | 26,579,000 | 25,733,000 | 26,730,000 | |
| Silver 99.99 | 1 amount | 971,000 | 1,005,000 | 972,000 | 1,007,000 |
| 1 kg | 25,887,000 | 26,791,000 | 25,929,000 | 26,842,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on January 17, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,146,000 | 1,181,000 |
| Phu Quy 999 Silver Bar | 1 kg | 30,559,924 | 31,493,255 |
Update the latest gold price list at Phu Quy Gold and Gemstone Group on January 17, 2025:
Gold Type | Unit | VND | |
Buy | Sell | ||
Phu Quy round gold ring | 1 amount | 84,800,000 | 86,400,000 |
| SJC gold bars | 1 amount | 84,600,000 | 86,600,000 |
Latest update on world silver prices on January 17, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 782,000 | 787,000 |
| 1 only | 94,308 | 94,920 |
| 1 amount | 943,000 | 949,000 |
| 1 kg | 25,149,000 | 25,312,000 |
End of latest trading session, Green still dominates the metal price chart. Precious metals continued to fluctuate in opposite directions as silver prices jumped nearly 4% to $31.5/ounce.
Silver prices rose to near a one-month high as macro signals raised expectations that the Federal Reserve will continue to ease monetary policy this year. Excluding volatile components such as food and energy, the core CPI rose 3.2% in December, below the forecast of 3.3%, according to data released by the US Bureau of Labor Statistics yesterday.
The lower-than-expected core CPI is a positive for precious metals as the Fed is likely to continue cutting rates this year. The market now expects a total of 40 basis points of rate cuts by the end of the year, compared to a forecast of 31 basis points before the CPI data was released. This is what sent silver prices soaring today.
Source: https://congthuong.vn/gia-bac-hom-nay-1712025-bac-tang-vot-ga-n-4-369953.html
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