Silver price today June 25: Reversal down

Silver price today at Phu Quy Jewelry Group, silver price decreased slightly, listed at 1,395,000 VND/tael (buy) and 1,438,000 VND/tael (sell) in Hanoi . In addition, according to a survey at other transaction locations in Hanoi, domestic silver price reversed to decrease slightly in both buying and selling directions, currently listed at 1,125,000 VND/tael (buy) and 1,155,000 VND/tael (sell).

In Ho Chi Minh City, silver prices also decreased, currently at 1,127,000 VND/tael (buy) and 1,160,000 VND/tael (sell).

Silver price today 2562025 Silver slightly decreased

On the world market, the world silver price is listed at 36.06 USD/ounce.

The silver market is currently being impacted by many supporting factors: Continued tight supply, record high industrial demand and dovish policies from the US Federal Reserve (FED) have helped silver prices maintain their upward momentum, despite facing resistance around the $35 - $37/ounce level.

"The supply-demand imbalance remains the main driver of silver prices," said James Hyerczyk, a market analyst. "The Silver Institute forecasts a fifth consecutive year of deficit in 2025, with mine production falling to 835 million ounces, down 7.23% from 2016. Even with a 195 million ounce increase in recycled silver, this increase will not offset the nearly 1.2 billion ounces of demand each year."

Industrial demand continues to boom, particularly from solar projects and automotive electrification, AI, and high-performance computing, making silver a key material beyond its traditional investment role, he said. Despite some headwinds in the US, global demand is expanding.

"In addition, dovish signals from the Fed on interest rate cuts make silver more attractive because of the low opportunity cost of holding, combined with a weak USD and inflation concerns that help this metal increase its value as a safe haven," the expert said.

Source: https://baodaknong.vn/gia-bac-hom-nay-25-6-dao-chieu-giam-256575.html