Silver price today 5/21/2025: Silver fell across the board

Silver price today at Phu Quy Jewelry Group, Phu Quy silver price turned down, listed at 1,240,000 VND/tael (buy) and 1,278,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver prices decreased in both buying and selling directions, currently listed at 1,031,000 VND/tael (buy) and 1,061,000 VND/tael (sell). In Ho Chi Minh City, silver prices also decreased, currently at 1,033,000 VND/tael (buy) and 1,066,000 VND/tael (sell). World silver prices reversed and decreased in both buying and selling directions, currently at 841,000 VND/ounce (buy) and 846,000 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 21, 2025:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
Silver 99.9	1 amount	1,031,000	1,061,000	1,033,000	1,066,000
	1 kg	27,490,000	28,288,000	27,542,000	28,439,000
Silver 99.99	1 amount	1,039,000	1,069,000	1,040,000	1,071,000
	1 kg	27,696,000	28,500,000	27,738,000	28,551,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on May 21, 2025:

Silver type	Unit	VND
		Buy	Sell
Silver bars, Phu Quy 999 silver bars	1 amount	1,240,000	1,278,000
Phu Quy 999 Silver Bar	1 kg	33,066,584	34,079,915

Latest update on world silver prices on May 21, 2025:

Unit	World silver price today (VND)
	Buy	Sell
1 Ounce	841,000	846,000
1 only	101,409	102,034
1 amount	1,014,000	1,020,000
1 kg	27,042,000	27,209,000

On the world market, the silver price listed on Goldprice.org is at 32.24 USD/ounce; down 0.17 USD compared to early this morning.

According to FX Empire, despite benefiting from a broadly weaker US dollar, silver prices have not increased as much as gold and platinum.

Technically, silver is hovering around $32.00/ounce on the downside and near the $32.75/ounce resistance on the upside.

" Silver is still expected to be supported by the possibility of the US Federal Reserve (FED) cutting interest rates in the future ," said James Hyerczyk, market analyst at FX Empire.

Although the forecast for a rate cut in 2025 has been reduced to 52 basis points from more than 100 previously, weak inflation pressures and low retail sales reinforce the case for a more accommodative monetary policy, he said.

“ With the US dollar under scrutiny, trade policy uncertainty rising and safe-haven flows returning, silver’s short-term bias is tilted to the upside ,” James Hyerczyk opined.

Vy Vy

Source: https://congthuong.vn/gia-bac-hom-nay-2152025-bac-dong-loat-giam-388479.html