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Silver price today 5/28/2025: Deep decline across the board

Silver price today (May 28, 2025), domestic and world silver prices continued to decline for the second consecutive session.

Báo Công thươngBáo Công thương28/05/2025

Silver price today at Phu Quy Jewelry Group, Phu Quy silver price continues to decrease, listed at 1,260,000 VND/tael (buy) and 1,299,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver prices continue to decrease in both buying and selling directions, currently listed at 1,052,000 VND/tael (buy) and 1,082,000 VND/tael (sell). In Ho Chi Minh City, silver prices also decreased, currently at 1,054,000 VND/tael (buy) and 1,087,000 VND/tael (sell). World silver prices decreased in both buying and selling directions, currently at 858,000 VND/ounce (buy) and 863,000 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 28, 2025:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

1,052,000

1,082,000

1,054,000

1,087,000

1 kg 28,042,000 28,840,000 28,094,000 28,991,000
Silver 99.99 1 amount 1,059,000 1,089,000 1,061,000 1,091,000
1 kg 28,248,000 29,052,000 28,290,000

29,103,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on May 28, 2025:

Silver type

Unit

VND

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,260,000

1,299,000

Phu Quy 999 Silver Bar 1 kg 33,599,916 34,639,913

Latest update on world silver prices on May 28, 2025:

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

858,000

863,000

1 only 103,478 104.103
1 amount 1,035,000 1,041,000
1 kg 27,594,000

27,761,000

On the world market, the silver price listed on Goldprice.org is at 33.39 USD/ounce; down 0.13 USD compared to early this morning.

According to FX Empire, one of the reasons why the silver market was quiet at the beginning of the week was due to changing expectations about trade policy.

US President Donald Trump has just announced to postpone the imposition of 50% tax on goods from the EU to July 9, after a phone call with President of the European Commission (EC) Ursula von der Leyen.

James Hyerczyk, market analyst at FX Empire, commented: " Previously, the US President's tough statements on taxes had caused investors to rush to gold and silver as safe-haven assets. However, the postponement of the tax deadline immediately cooled down the investment pressure ."

James Hyerczyk emphasized that in the context of concerns about the return of inflation, silver is increasingly favored because of its dual role as an industrial metal and a means of storing value.

" Although it typically lags gold in times of crisis, factors such as trade policy, US dollar risks and sovereign debt issues are expanding the appeal of the precious metal, " James Hyerczyk said.

Vy Vy

Source: https://congthuong.vn/gia-bac-hom-nay-2852025-dong-loat-giam-sau-389571.html


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