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.
The May silver futures contract is also trending upwards, with the current price at $34.73 per ounce, up $0.424 from the previous day. Investors in May silver futures still hold a strong technical advantage in the short term, aiming to push the price above the key resistance level – the October 2024 high of $35.8 per 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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