Silver price today at Phu Quy Jewelry Group, Phu Quy silver price increased slightly, listed at 1,241,000 VND/tael (buy) and 1,279,000 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 1,026,000 VND/tael (buy) and 1,056,000 VND/tael (sell). In Ho Chi Minh City, silver prices also increased, currently at 1,028,000 VND/tael (buy) and 1,062,000 VND/tael (sell). World silver prices increased in both buying and selling directions, currently at 837,000 VND/ounce (buy) and 842,000 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 18, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 1,026,000 | 1,056,000 | 1,028,000 | 1,062,000 |
| 1 kg | 27,367,000 | 28,165,000 | 27,419,000 | 28,316,000 | |
| Silver 99.99 | 1 amount | 1,034,000 | 1,064,000 | 1,036,000 | 1,066,000 |
| 1 kg | 27,573,000 | 28,377,000 | 27,615,000 | 28,428,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on May 18, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,241,000 | 1,279,000 |
| Phu Quy 999 Silver Bar | 1 kg | 33,093,251 | 34,106,581 |
Latest update on world silver prices on May 18, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 837,000 | 842,000 |
| 1 only | 100,948 | 101,573 |
| 1 amount | 1,009,000 | 1,016,000 |
| 1 kg | 26,919,000 | 27,086,000 |
On the world market, the silver price listed on Goldprice.org is at 32.03 USD/ounce.
" Silver's failure to recover above $32.82 an ounce added to the pressure, with traders increasingly concerned about the possibility of further declines, " said James Hyerczyk, market analyst at FX Empire.
External market factors also added to the downward pressure on silver, James Hyerczyk added.
" The US dollar strengthened, heading for a fourth straight weekly gain, denting demand for dollar-denominated metals such as silver.
Besides, positive sentiment related to progress in US-China trade talks caused investors to withdraw from safe-haven assets such as silver and gold ," he said.
Some data shows that inflation has cooled, which has raised expectations that the Federal Reserve may cut interest rates later this year, but this is not enough to significantly support silver, according to James Hyerczyk.
Source: https://congthuong.vn/gia-bac-hom-nay-1852025-bac-nhich-tang-nhe-388044.html
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