Silver price today at Phu Quy Jewelry Group, Phu Quy silver price decreased slightly, listed at 1,254,000 VND/tael (buy) and 1,293,000 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 1,046,000 VND/tael (buy) and 1,076,000 VND/tael (sell). In Ho Chi Minh City, silver prices also decreased, currently at 1,048,000 VND/tael (buy) and 1,081,000 VND/tael (sell). World silver prices decreased in both buying and selling directions, currently at 853,000 VND/ounce (buy) and 859,000 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 8, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 1,046,000 | 1,076,000 | 1,048,000 | 1,081,000 |
| 1 kg | 27,884,000 | 28,682,000 | 27,936,000 | 28,833,000 | |
| Silver 99.99 | 1 amount | 1,053,000 | 1,084,000 | 1,055,000 | 1,085,000 |
| 1 kg | 28,090,000 | 28,894,000 | 28,132,000 | 28,945,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on May 8, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,254,000 | 1,293,000 |
| Phu Quy 999 Silver Bar | 1 kg | 33,439,916 | 34,479,914 |
Latest update on world silver prices on May 8, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 853,000 | 859,000 |
| 1 only | 102,884 | 103,510 |
| 1 amount | 1,029,000 | 1,035,000 |
| 1 kg | 27,436,000 | 27,603,000 |
In the world market, the silver price listed on Goldprice.org is at 33.01 USD/ounce, down 0.60% compared to the previous session (32.71 USD/ounce).
Money has been pouring into precious metals as demand for safe haven assets increases amid global financial turmoil. According to the Institute of International Finance (IIF), total global debt increased by about $7.5 trillion in the first quarter alone, reaching a record of more than $324 trillion.
China, France and Germany were the three biggest contributors to the rally. Rising global debt pressures have raised concerns about financial instability, prompting investors to seek safe havens such as precious metals.
In addition, the US trade deficit in March increased to 140.5 billion USD, far exceeding the previous month's 123.2 billion USD, mainly due to flat exports while imports increased sharply to 419 billion USD.
This development reflects that domestic demand in the US remains high but export momentum is weakening, increasing concerns about the economic outlook and creating more momentum for safe-haven flows into precious metals.
Source: https://congthuong.vn/gia-bac-hom-nay-852025-bac-quay-dau-giam-386498.html
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