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Silver price today May 14, 2025: Silver price increased strongly again to nearly 50,000 VND

Silver price today May 14, 2025: Domestic and world silver prices increased sharply again by nearly 50,000 VND after yesterday's decrease. The reason is that the US CPI index decreased lower than expected.

Báo Nghệ AnBáo Nghệ An14/05/2025

Surveyed at 4:30 this morning, today's silver price May 14, 2025 at Phu Quy Gold and Gemstone Group, Phu Quy silver price is listed at 1,273,000 VND/tael (buy) and 1,312,000 VND/tael (sell). Compared to yesterday, the silver price increased by 44,000 VND/tael in the buying direction - increased by 45,000 VND/tael in the selling direction.

In addition, according to a survey at other trading locations in Hanoi , domestic silver prices increased by VND5,000/tael in both buying and selling directions, currently listed at VND1,041,000/tael (buy) and VND1,071,000/tael (sell).

In Ho Chi Minh City, silver prices increased by VND5,000/tael for buying and VND4,000/tael for selling, currently at VND1,043,000/tael (buying) and VND1,076,000/tael (selling).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on May 14, 2025:

Silver type
Unit Hanoi
Ho Chi Minh City
Buy
Sell
Buy
Sell
Silver 99.9
1 amount 1,041,000
1,071,000
1,043,000
1,076,000
1 kg 27,755,000 28,553,000 27,807,000 28,704,000
Silver 99.99 1 amount 1,049,000 1,079,000 1,050,000 1,081,000
1 kg 27,961,000 28,765,000 28,003,000 28,816,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on May 14, 2025:

Silver type
Unit VND
Buy
Sell
Silver bars, Phu Quy 999 silver bars
1 amount 1,273,000
1,312,000
Phu Quy 999 Silver Bar 1 kg 33,946,582 34,986,579
Silver price today May 14, 2025: Silver price increased strongly again to nearly 50,000 VND

Latest update on world silver prices on May 14, 2025:

In the world market, the silver price listed on Goldprice.org is at 32.94 USD/ounce, up 0.51 USD/ounce compared to yesterday.

World silver price today (VND)
Unit Buy Sell
1 Ounce 849,000 855,000
1 Only 102,402 103,028
1 Amount 1,024,000 1,030,000
1 Kg 27,307,000 27,474,000

Silver Price Forecast

Silver (XAG/USD) price resumed its bullish momentum today, the rally is showing bullish signals from a technical perspective as silver is still moving within a rising channel pattern on the daily chart.

The 14-day RSI has crossed above 50, indicating a clear bullish trend. Meanwhile, silver has crossed above both the 9-day and 50-day EMAs, indicating that the short-term bullish momentum remains strong.

On the upside, if the bullish momentum is sustained, XAG/USD could head towards $33.69, a six-week high set on April 24. A break above this level could see further buying pressure push the price closer to the seven-month high of $34.59, hit on March 28.

On the other hand, if the price corrects, the nearest support level is at the 9-day EMA at around $32.71, followed by the 50-day EMA at $32.50. A break of both of these levels could weaken the current uptrend, with silver prices likely to fall back to the eight-month low of $28.00, recorded on April 7.

Source: https://baonghean.vn/gia-bac-hom-nay-14-5-2025-gia-bac-tang-manh-tro-lai-gan-50-000-dong-10297218.html


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