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Silver price today May 14, 2025: World silver price increased slightly

Silver price today May 14, 2025: Slight increase in both domestic and international markets. After many volatile sessions, silver suddenly rebounded, although still under some pressure from the international financial market.

Báo Quảng NamBáo Quảng Nam14/05/2025

Domestic silver price

In the domestic market, Phu Quy Gold and Gemstone Group listed the silver price at 1,273,000 VND/tael for buying and 1,312,000 VND/tael for selling in Hanoi . In addition to Phu Quy, other transaction points in the capital also recorded an increase in silver prices of about 1,049,000 - 1,079,000 VND/tael depending on the location.

In Ho Chi Minh City, the buying price of silver reached 1,051,000 VND/tael, while the selling price was recorded at 1,085,000 VND/tael, a slight increase compared to the previous day.

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: World silver price increased slightly

World silver price

The world silver price is also on the upward trend, currently listed at 32.74 USD/ounce on Goldprice.org. Converted at the current exchange rate, international silver is equivalent to about 856,000 VND/ounce for buying and 862,000 VND/ounce for selling.

According to FX Empire, silver prices are holding up better than gold amid cooling trade tensions between the US and China, which has reduced demand for safe-haven assets such as precious metals. At the same time, a stronger US dollar has also contributed to reducing buying power in the metals market.

Analyst James Hyerczyk said the market is recalibrating the gold-silver ratio. Gold’s plunge below $3,300 an ounce has prompted investors to cut positions aggressively, while silver’s decline has been slower, suggesting that silver is currently more resilient in a volatile environment.

However, he also warned that if negative sentiment continues to spread across the commodity market, silver prices could face further downward pressure in the coming sessions, especially if technical support levels are broken. Investors still need to closely monitor macroeconomic factors and the USD's movements to make reasonable decisions.

Source: https://baoquangnam.vn/gia-bac-hom-nay-14-5-2025-gia-bac-the-gioi-nhich-tang-nhe-3154714.html


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