Silver price today at Phu Quy Jewelry Group, Phu Quy silver price turned down, listed at 1,267,000 VND/tael (buy) and 1,306,000 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 1,056,000 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 reversed and decreased slightly 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 31, 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 | 28,161,000 | 28,959,000 | 28,213,000 | 29,110,000 | |
| Silver 99.99 | 1 amount | 1,064,000 | 1,094,000 | 1,065,000 | 1,096,000 |
| 1 kg | 28,367,000 | 29,171,000 | 28,409,000 | 29,222,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on May 31, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,267,000 | 1,306,000 |
| Phu Quy 999 Silver Bar | 1 kg | 33,786,582 | 34,826,580 |
Latest update on world silver prices on May 31, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 862,000 | 867,000 |
| 1 only | 103,925 | 104,551 |
| 1 amount | 1,039,000 | 1,046,000 |
| 1 kg | 27,713,000 | 27,880,000 |
On the world market, the silver price listed on Goldprice.org is at 33.14 USD/ounce.
The ruling blocking the tariff plan also raises expectations that global trade will be smoother, which will boost industrial demand for silver, which accounts for more than half of global silver consumption, including industries such as electronics, photovoltaics and automotive, said James Hyerczyk, market analyst at FX Empire.
Additionally, with the US dollar remaining vulnerable to regulatory developments and policy uncertainty, silver is seen as well-positioned for a short-term breakout .”
James Hyerczyk added that if the US dollar continues to weaken and the market holds technical support around $32.70/ounce, silver prices could absolutely surpass $34.87/ounce in the near future.
" Investors should keep a close eye on the $33.70/ounce level - the threshold that confirms a new uptrend in the silver market ," James Hyerczyk emphasized.
Source: https://congthuong.vn/gia-bac-hom-nay-3152025-bac-quay-dau-giam-390092.html
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