Silver price today 7/5: All increased

This morning, world and domestic silver prices increased simultaneously, but Phu Quy silver prices at Phu Quy Gold and Gemstone Group (Hanoi) reversed the downward adjustment.

Domestic silver price today

At 50:30 on July 5, Phu Quy silver price at Phu Quy Gold and Gemstone Group ( Hanoi ) was listed at 1,403,000 VND/tael (buy) and 1,446,000 VND/tael, down 9,000 VND/tael for buy and 10,000 VND/tael for sell compared to yesterday morning's trading session.

Also in Hanoi, according to a survey at other trading locations, the listed silver price was at VND1,153,000/tael (buy) and VND1,186,000/tael (sell), an increase of VND15,000/tael for buying and VND14,000/tael for selling compared to yesterday morning's trading session.

In Ho Chi Minh City, silver prices are currently at VND1,155,000/tael (buy) and VND1,192,000/tael (sell), up VND15,000/tael for buy and VND14,000/tael for sell compared to yesterday morning's trading session.

World silver price today

In the world market, according to giabac.net, at 06:08:48 on the morning of July 5, the spot silver price was trading at 36.934 USD/ounce, up 0.451 USD/ounce compared to yesterday morning's trading session.

Previously, the listed silver price was at 36.73 USD/ounce; an increase of 0.33 USD compared to yesterday morning.

The world silver price is currently at 968,000 VND/ounce (buy) and 973,000 VND/ounce (sell), an increase of 3,000 VND/ounce for both buying and selling compared to yesterday morning's trading session.

Gold and silver are looking positive heading into the third quarter of 2025. Senior market analyst Christopher Lewis said investors will be keeping a close eye on the Federal Reserve and global geopolitical issues.

He said that although the situation may fluctuate strongly, the overall trend is still positive.

"Silver could benefit from a Fed easing by boosting industrial demand. As long as prices remain above $33.50 an ounce, the uptrend remains solid. Silver could move to $40 an ounce in Q3," said Christopher Lewis.

Meanwhile, the US dollar has fallen more than 10% year-to-date, making holding non-yielding assets like silver less expensive.

Market analyst James Hyerczyk said: "With the yield on the two-year US Treasury bond falling to 3.721% - the lowest level since early May - traders continue to bet on the possibility of the Fed easing policy, thereby promoting capital flows into hard assets."

Source: https://baolamdong.vn/gia-bac-hom-nay-5-7-dong-loat-tang-381138.html