Silver price today (March 9, 2025), domestic and world silver prices reversed sharply after four consecutive increases.
Silver price today at Phu Quy Jewelry Group, silver price increased slightly, listed at 1,221,000 VND/tael (buy) and 1,259,000 VND/tael (sell) in Hanoi . In addition, according to a survey at other trading locations in Hanoi, domestic silver price decreased sharply after three consecutive increases, currently listed at 1,010,000 VND/tael (buy) and 1,040,000 VND/tael (sell). In Ho Chi Minh City, silver price also decreased, currently at 1,012,000 VND/tael (buy) and 1,045,000 VND/tael (sell). World silver price turned to decrease, currently at 830,000 VND/ounce (buy) and 835,000 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 9, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 1,010,000 | 1,040,000 | 1,012,000 | 1,045,000 |
| 1 kg | 26,928,000 | 27,726,000 | 26,980,000 | 27,877,000 | |
| Silver 99.99 | 1 amount | 1,018,000 | 1,048,000 | 1,019,000 | 1,050,000 |
| 1 kg | 27,134,000 | 27,938,000 | 27,176,000 | 27,989,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on March 9, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,221,000 | 1,259,000 |
| Phu Quy 999 Silver Bar | 1 kg | 32,559,919 | 33,573,249 |
Latest update on world silver prices on March 9, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 830,000 | 835,000 |
| 1 only | 100,049 | 100,664 |
| 1 amount | 1,000,000 | 1,007,000 |
| 1 kg | 26,680,000 | 26,844,000 |
In the world market, the world silver price listed on Goldprice.org is at 32.44 USD/ounce, down 0.42% compared to the previous trading session.
In addition, the European Central Bank cut its main interest rate by 0.25% as expected. Financial markets today recorded a weakening of the USD index, hitting a four-month low. Nymex crude oil prices fell slightly, trading around $66.25/barrel. The yield on the 10-year US Treasury bond was at 4.30%.
Jim Wyckoff, senior analyst at Kitco, said safe-haven demand amid rising geopolitical tensions and a sharp drop in the US dollar index this week were supportive factors for gold and silver prices.
Silver bulls may still have a slight advantage in the short term, the expert said. To push prices higher, the next upside target for bulls is a close above the key resistance at $34.56, the February high. On the other hand, bears will aim to push prices below the strong support at $31.
Source: https://congthuong.vn/gia-bac-hom-nay-932025-bac-quay-da-u-gia-m-377362.html
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