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Silver price today 3/17/2025: Silver stable

Báo Công thươngBáo Công thương17/03/2025

Silver price today (March 17, 2025), domestic and world silver prices are stable in the weekend session.


Silver price today at Phu Quy Jewelry Group, silver price is stable, listed at 1,269,000 VND/tael (buy) and 1,308,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other trading locations in Hanoi, domestic silver price is stable after many consecutive strong increases, currently listed at 1,045,000 VND/tael (buy) and 1,079,000 VND/tael (sell). In Ho Chi Minh City, silver price is also stable, currently at 1,047,000 VND/tael (buy) and 1,085,000 VND/tael (sell). World silver prices remain unchanged compared to the same time in the previous trading session, currently at VND862,000/ounce (buy) and VND868,000/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on March 17, 2025:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

1,045,000

1,079,000

1,047,000

1,085,000

1 kg 27,877,000 28,775,000 27,929,000 28,926,000
Silver 99.99 1 amount 1,053,000 1,087,000 1,055,000 1,089,000
1 kg 28,083,000 28,987,000 28,125,000

29,038,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on March 17, 2025:

Silver type

Unit

VND

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,269,000

1,308,000

Phu Quy 999 Silver Bar 1 kg 33,599,916 34,639,913

Latest update on world silver prices on March 17, 2025:

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

862,000

868,000

1 only 103,982 104,598
1 amount 1,040,000 1,046,000
1 kg 27,729,000

27,893,000

In the world market, silver price reached 33.8 - 34 USD/ounce, setting the highest level in 4.5 months.

May silver futures are also in an uptrend, with the current price at $34.73 an ounce, up $0.424 from the previous price. May silver futures traders still hold a solid near-term technical advantage, aiming to push prices above key resistance - the October 2024 high at $35.80 an ounce.

On the other hand, the sellers are aiming to push the price down to this week's low of $32.215/ounce. Silver's first resistance is currently located at $34.85/ounce, followed by $35/ounce, while key support levels are $34.425/ounce and $34/ounce.

Silver prices continued to be supported by growing expectations that the Federal Reserve (FED) will cut interest rates after weak inflation data from the US.



Source: https://congthuong.vn/gia-bac-hom-nay-1732025-bac-on-dinh-378525.html

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