Silver price today (February 17, 2025), domestic and world silver prices both tend to stabilize after the previous decline.
Today's silver price at Phu Quy Jewelry Group, silver price remains unchanged, 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 remains unchanged, currently listed at 994,000 VND/tael (buy) and 1,028,000 VND/tael (sell). In Ho Chi Minh City, silver price follows the same trend, currently at 996,000 VND/tael (buy) and 1,033,000 VND/tael (sell). World silver price is stable, currently at 817,000 VND/ounce (buy) and 822,000 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 17, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 994,000 | 1,028,000 | 996,000 | 1,033,000 |
| 1 kg | 26,503,000 | 27,401,000 | 26,555,000 | 27,552,000 | |
| Silver 99.99 | 1 amount | 1,002,000 | 1,035,000 | 1,003,000 | 1,037,000 |
| 1 kg | 26,709,000 | 27,613,000 | 26,751,000 | 27,664,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on February 17, 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 February 17, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 817,000 | 822,000 |
| 1 only | 98,457 | 99,069 |
| 1 amount | 985,000 | 991,000 |
| 1 kg | 26,255,000 | 26,418,000 |
Silver prices stabilized at the end of the weekend trading session after a sharp decline in the previous session. In addition, some analysts believe that this precious metal could challenge the 10-year high of nearly $35/ounce.
Still, some experts remain cautious about the rally, given the high volatility of the silver market and the fact that silver prices are unlikely to rise as much as gold in 2024. Spot silver is currently up 2% at $33 an ounce, with an intraday high of $33.41 an ounce. Silver previously hit a more than 10-year high of $34.87 an ounce on October 22, 2024.
Silver is both a precious and an industrial metal, and in 2024, it rose 21%. In just over a month of 2025, it rose 14%, thanks to the same factors as gold.
Specifically, silver futures prices on the US Comex floor have increased sharply due to concerns about a trade war, stemming from the US government's proposed import tariffs. Silver contracts for March delivery on Comex recently increased 3.3% to $33.79/ounce.
Source: https://congthuong.vn/gia-bac-hom-nay-1722025-bac-on-dinh-374109.html
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