Silver price today (July 14, 2025), domestic and world silver stabilized at a high level after the previous strong increase.
On the world market, the world silver price is listed at 38.31 USD/ounce; unchanged from yesterday morning.
Silver prices continued to rise in the final trading session of the week, reflecting investors' optimism about market developments. Chief market strategist Phillip Streible commented: "Investing in silver is not simply a financial decision, but increasingly reflects a lifestyle trend, especially after silver prices reached their highest level since 2011."
He believes a “Commodity Super Cycle” is underway. Silver is valued not only as a financial asset, but also as an indispensable raw material in manufacturing, especially in clean energy technologies such as solar panels.
“The silver market is now in its fifth consecutive year of supply shortage, and a crisis could be looming,” said Phillip Streible.
Meanwhile, according to the latest report from the Silver Institute (SI), experts at SI believe that silver bar and coin trading will be more active in the coming time. However, they also note that demand for newly minted silver products may remain weak.
In the domestic market, today's silver price at Phu Quy Jewelry Group, silver price stabilized after the previous strong increase, listed at 1,460,000 VND/tael (buy) and 1,505,000 VND/tael (sell) in Hanoi .
In addition, according to a survey at other trading locations in Hanoi, domestic silver prices remain unchanged for both buying and selling, currently listed at VND 1,199,000/tael (buy) and VND 1,233,000/tael (sell).
In Ho Chi Minh City, silver prices are following the same trend, currently at VND 1,201,000/tael (buy) and VND 1,238,000/tael (sell).
World silver prices are stable in both buying and selling directions, currently at 1,002,000 VND/ounce (buy) and 1,008,000 VND/ounce (sell).
Source: https://baolamdong.vn/gia-bac-hom-nay-14-7-neo-o-muc-cao-382213.html
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