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Silver price today June 1, 2025: Silver continues to decline

Silver price today (June 1, 2025), domestic and world silver prices continued to decrease for the second consecutive session.

Báo Công thươngBáo Công thương01/06/2025

Silver price today at Phu Quy Jewelry Group, Phu Quy silver price is stable, listed at 1,267,000 VND/tael (buy) and 1,306,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver prices continue to decrease in both buying and selling directions, currently listed at 1,052,000 VND/tael (buy) and 1,082,000 VND/tael (sell). In Ho Chi Minh City, silver prices also decreased, currently at 1,054,000 VND/tael (buy) and 1,088,000 VND/tael (sell). World silver prices reversed and decreased slightly in both buying and selling directions, currently at 859,000 VND/ounce (buy) and 864,000 VND/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on June 1, 2025:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

1,052,000

1,082,000

1,054,000

1,088,000

1 kg 28,058,000 28,856,000 28,110,000 29,007,000
Silver 99.99 1 amount 1,060,000 1,090,000 1,061,000 1,092,000
1 kg 28,264,000 29,068,000 28,306,000

29,119,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on June 1, 2025:

Silver type

Unit

VND

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,267,000

1,306,000

Phu Quy 999 Silver Bar 1 kg 33,786,582 34,826,580

Latest update on world silver prices on June 1, 2025:

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

859,000

864,000

1 only 103,536 104,164
1 amount 1,035,000 1,042,000
1 kg 27,610,000

27,777,000

On the world market, the silver price listed on Goldprice.org is at 32.91 USD/ounce.

Silver prices were little changed after the US PCE report for April confirmed a downward trend in inflation, according to FX Empire.

The PCE index, the Federal Reserve's preferred inflation gauge, rose just 0.1% for the month and 2.1% year-over-year, below expectations. The core PCE, which excludes food and energy prices, also rose 0.1% for the month and fell to 2.5% year-over-year, below expectations of 2.6%.

" Despite the data showing a slowdown in inflation, silver prices barely reacted as the market had anticipated it. This low volatility reflects the waiting for a new catalyst, " said James Hyerczyk, market analyst at FX Empire.

He said that if silver breaks above $33.70 an ounce, it could attract new buying interest with a target of $34.59 to $34.87 an ounce. Conversely, if it falls below $32.70 an ounce, selling pressure could push the price back to around $31.56 an ounce.

Vy Vy

Source: https://congthuong.vn/gia-bac-hom-nay-162025-bac-noi-da-gia-m-390236.html


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