Silver price today March 17, 2025: Silver stable

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