Silver price today May 18, 2025: Silver price increased slightly again thanks to technical buying force

Surveyed at 4:30 this morning, today's silver price May 18, 2025 at Phu Quy Gold and Gemstone Group, Phu Quy silver price is listed at 1,241,000 VND/tael (buy) and 1,279,000 VND/tael (sell). Compared to yesterday, the silver price increased by 9,000 VND/tael in both buying and selling directions.

In addition, according to a survey at other trading locations in Hanoi , domestic silver prices increased slightly by VND 11,000/tael in both buying and selling directions, currently listed at VND 1,026,000/tael (buy) and VND 1,056,000/tael (sell).

In Ho Chi Minh City, silver price increased by 7,000 VND/tael for buying and 8,000 VND/tael for selling, currently at 1,028,000 VND/tael (buy) and 1,062,000 VND/tael (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:

On the world market, the silver price listed on Goldprice.org is at 32.28 USD/ounce, down 0.24 USD/ounce compared to yesterday.

World silver price today (VND)
Unit	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

Silver prices recovered from earlier losses on technical buying and a series of weaker-than-expected US economic data, according to FX Empire.

Although gold prices are in a correction phase, many experts believe that this could be a good time for investors to pay attention to silver. This week, silver has maintained its price above $32/ounce. Currently, the price of silver for June delivery is at $32.26/ounce, down only 1.5% compared to last week.

It is worth noting that silver is showing relative strength against gold, causing the gold/silver ratio to fall below 100. This means that you need fewer ounces of silver to buy one ounce of gold than before.

Philip Streible, market strategist at Blue Line Futures, predicts that silver will continue to outperform gold in the short term. "As recession fears ease and industrial activity begins to recover, money will continue to flow into silver. This could be a great opportunity for gold investors to diversify their portfolios into silver," he explained.

This optimism stems from silver’s characteristics as both a safe-haven precious metal like gold and an important industrial raw material. As the economy shows signs of recovery, industrial demand will help support silver prices.

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Source: https://baonghean.vn/gia-bac-hom-nay-18-5-2025-gia-bac-tang-nhe-tro-lai-nho-luc-mua-ky-thuat-10297551.html