Today's silver price at Phu Quy Gold, Silver and Gemstone Group is listed at 2,829,000 VND/ounce (buying price) and 2,916,000 VND/ounce (selling price) in Hanoi. Additionally, according to surveys at other trading locations in Hanoi, the domestic silver price is currently listed at 2,789,000 VND/ounce (buying price) and 2,819,000 VND/ounce (selling price). In Ho Chi Minh City, the silver price is currently at 2,791,000 VND/ounce (buying price) and 2,825,000 VND/ounce (selling price). The world silver price is currently at 2,281,000 VND/ounce (buying price) and 2,286,000 VND/ounce (selling price).
Specifically, here is the latest information on domestic silver prices in the two largest markets, Hanoi and Ho Chi Minh City, on May 17, 2026:
| Silver type | Unit | Hanoi City (VND) | Ho Chi Minh City (VND) | ||
| Buy | Sell | Buy | Sell | ||
| 99.9% Silver | 1 tael | 2,789,000 | 2,819,000 | 2,791,000 | 2,825,000 |
| 1 kg | 74,375,000 | 75,173,000 | 74,427,000 | 75,324,000 | |
| 99.99% Silver | 1 tael | 2,797,000 | 2,827,000 | 2,798,000 | 2,829,000 |
| 1 kg | 74,581,000 | 75,385,000 | 74,623,000 | 75,436,000 | |
Updated silver price list at Phu Quy Gold, Silver and Gemstone Group on May 17, 2026:
| Silver type | Unit | VND | |
| Buy | Sell | ||
| Phu Quy 999 Silver Bars and Ingots | 1 tael | 2,829,000 | 2,916,000 |
| 999 Gold Ingots | 1 kg | 75,439,811 | 77,759,806 |
Latest update on world silver prices as of May 17, 2026:
| Unit | VND | |
| Buy | Sell | |
| 1 ounce | 2,281,000 | 2,286,000 |
| 1 tael | 274,978 | 275,613 |
| 1 tael | 2,750,000 | 2,756,000 |
| 1 kg | 73,327,000 | 73,497,000 |
On the world market, the price of silver is listed at $75.93 per ounce, a decrease of $5.2.
The silver market is entering a period of high volatility as investor sentiment is constantly being affected by US interest rate policies and escalating geopolitical tensions in the Middle East.
According to Christopher Lewis, during the past trading week, silver prices surged sharply but quickly came under profit-taking pressure around the $90/ounce mark. The upward momentum was therefore halted quite quickly, reflecting cautious sentiment and market instability.
Not only did silver lose all of its previous gains, but its price subsequently plummeted below $80 per ounce. The continued high interest rates in the US are putting significant pressure on precious metals. According to Christopher Lewis, a sharp drop in silver prices to around $70 per ounce in the near future is entirely possible.
This expert believes that the $70/ounce mark is currently considered a crucial support level for the market within its recent trading range. If the US Federal Reserve continues to maintain a tight monetary policy, the price of silver could even break through this support level and fall further to the $64/ounce area.
Conversely, in the event of a market recovery, the $80/ounce level is considered a short-term resistance zone, while the $90/ounce mark remains the biggest hurdle that silver prices need to overcome to establish a sustainable upward trend.
Source: https://congthuong.vn/gia-bac-hom-nay-17-5-2026-bac-lao-doc-457006.html
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