Silver price today at Phu Quy Jewelry Group, Phu Quy silver price reversed to increase, listed at 1,238,000 VND/tael (buy) and 1,276,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver prices increased in both buying and selling directions, currently listed at 1,025,000 VND/tael (buy) and 1,055,000 VND/tael (sell). In Ho Chi Minh City, silver prices also increased, currently at 1,027,000 VND/tael (buy) and 1,061,000 VND/tael (sell). World silver prices increased in both buying and selling directions, currently at 836,000 VND/ounce (buy) and 841,000 VND/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on May 17, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 1,025,000 | 1,055,000 | 1,027,000 | 1,061,000 |
| 1 kg | 27,331,000 | 28,129,000 | 27,383,000 | 28,280,000 | |
| Silver 99.99 | 1 amount | 1,033,000 | 1,063,000 | 1,034,000 | 1,065,000 |
| 1 kg | 27,537,000 | 28,341,000 | 27,579,000 | 28,392,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on May 17, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,238,000 | 1,276,000 |
| Phu Quy 999 Silver Bar | 1 kg | 33,013,251 | 34,026,582 |
Latest update on world silver prices on May 17, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 836,000 | 841,000 |
| 1 only | 100,813 | 101,438 |
| 1 amount | 1,008,000 | 1,014,000 |
| 1 kg | 26,883,000 | 27,050,000 |
In the world market, the silver price listed on Goldprice.org is at 32.52 USD/ounce; an increase of 0.44 USD compared to yesterday's trading session.
Silver prices recovered from earlier losses on technical buying and a series of weaker-than-expected US economic data, according to FX Empire.
" The US dollar index continues to decline, making greenback-denominated assets such as silver and gold more attractive to foreign investors," said James Hyerczyk, market analyst at FX Empire.
This has spurred buying activity after a sell-off in both gold and silver, with gold gaining more ground as investors sought refuge as a safe haven following the release of new economic data ."
Lower-than-expected wholesale inflation further weighed on the US dollar, reinforcing the appeal of non-yielding metals like silver, James Hyerczyk added.
" Amid a weak US dollar and unclear economic signals, silver prices are still fluctuating in a narrow range but can still trade stably. If expectations of interest rate cuts continue to be maintained, silver will likely continue its upward trend ," James Hyerczyk emphasized.
Source: https://congthuong.vn/gia-bac-hom-nay-1752025-bac-dong-loat-tang-387924.html
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