Silver price today 5/17/2025: Silver increased across the board

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.

Vy Vy

Source: https://congthuong.vn/gia-bac-hom-nay-1752025-bac-dong-loat-tang-387924.html