Silver price today at Phu Quy Jewelry Group, Phu Quy silver price decreased slightly, listed at 1,273,000 VND/tael (buy) and 1,312,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver prices turned down in both buying and selling directions, currently listed at 1,056,000 VND/tael (buy) and 1,086,000 VND/tael (sell). In Ho Chi Minh City, silver prices also decreased, currently at 1,058,000 VND/tael (buy) and 1,092,000 VND/tael (sell). World silver prices decreased in both buying and selling directions, currently at 862,000 VND/ounce (buy) and 867,000 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 24, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 1,056,000 | 1,086,000 | 1,058,000 | 1,092,000 |
| 1 kg | 28,256,000 | 28,963,000 | 28,217,000 | 29,114,000 | |
| Silver 99.99 | 1 amount | 1,064,000 | 1,094,000 | 1,065,000 | 1,096,000 |
| 1 kg | 28,371,000 | 29,175,000 | 28,413,000 | 29,226,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on May 24, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,273,000 | 1,312,000 |
| Phu Quy 999 Silver Bar | 1 kg | 33,946,582 | 34,986,579 |
Latest update on world silver prices on May 24, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 862,000 | 867,000 |
| 1 only | 103,939 | 104,565 |
| 1 amount | 1,039,000 | 1,046,000 |
| 1 kg | 27,717,000 | 27,884,000 |
On the world market, the silver price listed on Goldprice.org is at 33.12 USD/ounce; down 0.43 USD compared to early this morning.
Silver prices are under pressure and falling after approaching the April peak at $33.70/ounce, according to FX Empire.
" A stronger US dollar coupled with rising Treasury yields has put pressure on gold and silver ," said James Hyerczyk, market analyst at FX Empire.
The 30-year yield hit 5.14%, its highest since October 2023, while the 10-year yield rose to 4.62%. Rising yields make holding silver and gold more expensive, putting downward pressure on both precious metals .
Silver is also being affected by profit-taking by investors, which has dampened the precious metal’s recent rally, the expert added.
" While industrial demand remains supportive of the long-term uptrend, the failure of prices to hold recent highs suggests that buyer confidence is waning, " he assessed.
James Hyerczyk said that while the overall trend remains positive, silver has yet to break above resistance.
Source: https://congthuong.vn/gia-bac-hom-nay-2452025-bac-dot-ngot-giam-389012.html
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