Silver price today 5/11/2025: Silver continues to increase

Silver price today at Phu Quy Jewelry Group, Phu Quy silver price continues to increase, listed at 1,259,000 VND/tael (buy) and 1,298,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other trading locations in Hanoi, domestic silver prices continue to increase in both buying and selling directions, currently listed at 1,042,000 VND/tael (buy) and 1,072,000 VND/tael (sell). In Ho Chi Minh City, silver prices also increased, currently at 1,044,000 VND/tael (buy) and 1,077,000 VND/tael (sell). World silver prices increased in both buying and selling directions, currently at 850,000 VND/ounce (buy) and 855,000 VND/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on May 11, 2025:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
Silver 99.9	1 amount	1,042,000	1,072,000	1,044,000	1,077,000
	1 kg	27,784,000	28,582,000	27,836,000	28,733,000
Silver 99.99	1 amount	1,050,000	1,080,000	1,051,000	1,082,000
	1 kg	27,990,000	28,794,000	28,032,000	28,845,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on May 11, 2025:

Silver type	Unit	VND
		Buy	Sell
Silver bars, Phu Quy 999 silver bars	1 amount	1,259,000	1,298,000
Phu Quy 999 Silver Bar	1 kg	33,573,249	34,613,247

Latest update on world silver prices on May 11, 2025:

Unit	World silver price today (VND)
	Buy	Sell
1 Ounce	850,000	855,000
1 only	102,510	103,136
1 amount	1,025,000	1,031,000
1 kg	27,336,000	27,503,000

In the world market, the silver price listed on Goldprice.org is at 32.69 USD/ounce; an increase of 0.27 USD compared to yesterday.

According to FX Empire, silver increased slightly in the last trading session. However, the market is still affected by weak technical signals and fluctuations in global trade. This makes investors cautious and wait for important upcoming events.

While technical factors lean bearish, broader fundamentals could provide support, said analyst James Hyerczyk at FX Empire.

" More than 50% of consumption is tied to industrial applications, particularly electronics and solar. This could help slow down silver's decline and stabilize prices, " said James Hyerczyk.

However, James Hyerczyk said that the gold and silver ratio remains high, meaning that silver is still less attractive than gold.

Vy Vy

Source: https://congthuong.vn/gia-bac-hom-nay-1152025-bac-noi-da-tang-386980.html