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Silver price today March 14, 2025: Silver continues to increase

Báo Công thươngBáo Công thương14/03/2025

Silver price today (March 14, 2025), domestic and world silver prices continued to increase for the second consecutive session.


Silver price today at Phu Quy Jewelry Group, silver price is stable, listed at 1,219,000 VND/tael (buy) and 1,257,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver price continues to increase sharply, currently listed at 1,026,000 VND/tael (buy) and 1,056,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 1,028,000 VND/tael (buy) and 1,062,000 VND/tael (sell). World silver price increased, currently at 842,000 VND/ounce (buy) and 848,000 VND/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on March 14, 2025:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

1,026,000

1,056,000

1,028,000

1,062,000

1 kg 27,366,000 28,164,000 27,418,000 28,315,000
Silver 99.99 1 amount 1,034,000 1,064,000 1,036,000 1,066,000
1 kg 27,572,000 28,376,000 27,614,000

28,427,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on March 14, 2025:

Silver type

Unit

VND

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,219,000

1,257,000

Phu Quy 999 Silver Bar 1 kg 32,506,585 33,519,916

Latest update on world silver prices on March 14, 2025:

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

842,000

848,000

1 only 101,567 102,182
1 amount 1,016,000 1,022,000
1 kg 27,085,000

27,248,000

In the world market, the world silver price listed on Goldprice.org is at 33.23 USD/ounce, up 1.37% compared to the previous trading session.

According to the Vietnam Commodity Exchange (MXV), in the first two months of this year, silver prices have increased by 10%. Notably, at the beginning of the new year, silver prices increased by nearly 5% after only 7 sessions of climbing.

According to experts' forecasts, silver prices may return to their historical peak of $40/ounce in the near future due to the risk of a global trade war, declining mining activities while demand exceeds supply for the fourth consecutive year.

This acceleration is not just a temporary effect, but a signal of a long-term price increase. As the metal with the highest electrical and thermal conductivity, silver is very suitable for the production of solar panels, electric vehicles, in the grid infrastructure... So, until now, silver has been, is and will be an indispensable material in the green energy revolution.

Meanwhile, silver supplies are tighter than ever. Moreover, silver is being sought by investors as a safe haven asset against global economic fluctuations and escalating trade tensions.

Silver is emerging as a pillar of the economy as it plays a key role in the green energy revolution. The race to reduce emissions and develop renewable energy is driving silver consumption to record levels.



Source: https://congthuong.vn/gia-bac-hom-nay-1432025-bac-tiep-tuc-tang-378126.html

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