World silver recovers

Báo Công thươngBáo Công thương11/02/2025

Silver price today (February 11, 2025), domestic and world silver prices recovered together, tending to increase after the previous decline.


Silver price today at Phu Quy Jewelry Group, silver price increased slightly, listed at 1,194,000 VND/tael (buy) and 1,231,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other trading locations in Hanoi, silver price increased after the previous decrease, currently listed at 989,000 VND/tael (buy) and 1,023,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 991,000 VND/tael (buy) and 1,028,000 VND/tael (sell). World silver price increased slightly, currently at 819,000 VND/ounce (buy) and 824,000 VND/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on February 11, 2025:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

989,000

1,023,000

991,000

1,028,000

1 kg 26,370,000 27,268,000 26,422,000 27,419,000
Silver 99.99 1 amount 997,000 1,030,000 998,000 1,032,000
1 kg 26,576,000 27,480,000 26,618,000

27,531,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on February 11, 2025:

Silver type

Unit

VND

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,194,000

1,231,000

Phu Quy 999 Silver Bar 1 kg 31,839,920 32,826,585

Latest update on world silver prices on February 11, 2025:

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

819,000

824,000

1 only 98,748 99,360
1 amount 987,000 994,000
1 kg 26,333,000

26,496,000

In the latest trading session, world silver prices recovered after a recent decline and are fluctuating around 32 USD.

The first resistance that silver could face is the 3-month high set on February 7, which coincides with the upper line of the rising channel around $32.65. A break above this level would open the way to $33.

The Dollar Index rose 0.1% to 107.7 points. According to economists and analysts, the combination of the strength of the USD, high US bond yields and strong profit-taking activities have put pressure on the price of precious metals, especially silver.



Source: https://congthuong.vn/gia-bac-hom-nay-1122025-bac-the-gioi-hoi-phuc-373147.html

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