Silver price today May 27, 2025: Domestic silver price increased slightly, world price decreased

Silver price today May 27, 2025: The silver market recorded mixed fluctuations between domestic and international markets. In the domestic market, silver prices slightly increased, while in the international market, silver prices decreased.

Specifically, in Hanoi , silver price this morning increased by 5,000 VND/tael compared to the previous session, currently fluctuating between 1,070,000 VND/tael (buy) and 1,100,000 VND/tael (sell).

In Ho Chi Minh City, silver prices also recorded a slight increase, with an adjustment of 4,000 VND/tael for buying and 1,000 VND/tael for selling, currently listed at 1,071,000 VND/tael (buy) and 1,102,000 VND/tael (sell).

At Phu Quy Gold and Gemstone Group, silver price was listed at VND 1,271,000/tael (buy) and VND 1,310,000/tael (sell), recording a slight decrease compared to the previous session.

On the world market, silver prices in the morning session decreased slightly by 0.09%, currently trading around 33.65 USD/ounce.

Converted at the reference exchange rate, this level is equivalent to about 867,000 - 872,000 VND/ounce. The main reason for the decline in silver prices on the international market comes from US President Donald Trump's move to extend tariffs.

The decision to delay the imposition of tariffs on EU imports to July 9, instead of June 1 as previously announced, has temporarily cooled risk sentiment in global markets. This has led to a short-term decline in demand for safe-haven assets such as silver.

However, analysts warn that this price reduction is unlikely to last as the US economy remains vulnerable to many uncertainties.

Fiscal risk is emerging as a major challenge as the Trump administration's massive spending bill continues to raise concerns about spiraling budget deficits. Senator Ron Johnson has bluntly stressed that "a $2.2 trillion annual deficit is unacceptable" and called on Congress to take strong measures to control government spending.

At the same time, credit rating agency Moody's has just downgraded the US credit rating from Aaa to Aa1, and forecasted that the public debt ratio will increase from 98% of GDP (in 2023) to 134% of GDP in 2035.

These developments are driving investors back to silver as a long-term safe haven. Therefore, despite a slight short-term correction, the long-term outlook for silver prices remains supported by concerns about global economic and fiscal stability.

Source: https://baoquangnam.vn/gia-bac-hom-nay-27-5-2025-gia-bac-trong-nuoc-tang-nhe-the-gioi-giam-3155564.html