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Silver price today March 17, 2025: Silver stable

Báo Công thươngBáo Công thương17/03/2025

Today's silver prices (March 17, 2025) remained stable both domestically and internationally during the final trading session of the week.


Silver price today at Phu Quy Jewelry Group, silver price is stable, listed at 1,269,000 VND/tael (buy) and 1,308,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other trading locations in Hanoi, domestic silver price is stable after many consecutive strong increases, currently listed at 1,045,000 VND/tael (buy) and 1,079,000 VND/tael (sell). In Ho Chi Minh City, silver price is stable, currently at 1,047,000 VND/tael (buy) and 1,085,000 VND/tael (sell). World silver prices remained unchanged compared to the same time in the previous trading session, currently at VND 862,000/ounce (buying price) and VND 868,000/ounce (selling price).

Specifically, here is the latest information on today's silver prices in the two largest markets , Hanoi and Ho Chi Minh City, on March 17, 2025:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

99.9% Silver

1 tael

1,045,000

1,079,000

1,047,000

1,085,000

1 kg 27,877,000 28,775,000 27,929,000 28,926,000
99.99% Silver 1 tael 1,053,000 1,087,000 1,055,000 1,089,000
1 kg 28,083,000 28,987,000 28,125,000

29,038,000

Updated silver price list at Phu Quy Gold, Silver and Gemstone Group on March 17, 2025:

Silver type

Unit

VND

Buy

Sell

Phu Quy 999 Silver Bars and Ingots

1 tael

1,269,000

1,308,000

999 Gold Ingots 1 kg 33,599,916 34,639,913

Latest update on world silver prices as of March 17, 2025:

Unit

Today's world silver price (VND)

Buy

Sell

1 Ounce

862,000

868,000

1 tael 103,982 104,598
1 tael 1,040,000 1,046,000
1 kg 27,729,000

27,893,000

On the world market, the price of silver reached $33.8 - $34 per ounce, setting a new high in 4.5 months.

May silver futures are also in an uptrend, with the current price at $34.73 an ounce, up $0.424 from the previous price. May silver futures traders still hold a solid near-term technical advantage, aiming to push prices above key resistance - the October 2024 high at $35.80 an ounce.

On the other hand, the sellers are aiming to push the price down to this week's low of $32.215/ounce. Silver's first resistance is currently located at $34.85/ounce, followed by $35/ounce, while key support levels are $34.425/ounce and $34/ounce.

Silver prices continued to be supported by growing expectations that the Federal Reserve (FED) will cut interest rates after weak inflation data from the US.



Source: https://congthuong.vn/gia-bac-hom-nay-1732025-bac-on-dinh-378525.html

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