Silver prices increased sharply

In the domestic market, silver prices in Hanoi and Ho Chi Minh City increased from 18,000 to 19,000 VND/tael.

Specifically, surveyed at 7:59 this morning, silver price in Hanoi was listed at 1,060,000 VND/tael for buying and 1,086,000 VND/tael for selling.

Meanwhile, in Ho Chi Minh City, silver price was also recorded at 1,062,000 VND/tael for buying and 1,088,000 VND/tael for selling, a significant increase compared to the trading session on March 25.

Particularly at Phu Quy Gold and Gemstone Group - one of the largest precious metal suppliers in Vietnam - silver prices are listed at a higher level, with 1,262,000 VND/tael for buying and 1,301,000 VND/tael for selling.

This price level reflects the market trend of gradually shifting to hoarding silver as a safe haven asset.

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on March 26, 2025:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell ​​out	Buy	Sell ​​out
99.9 silver	1 amount	1,041,000	1,067,000	1,043,000	1,073,000
	1 kg	27,760,000	28,458,000	27,812,000	28,609,000
Silver 99.99	1 amount	1,049,000	1,075,000	1,050,000	1,077,000
	1 kg	27,966,000	28,670,000	28,008,000	28,721,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on March 26, 2025:

Silver type	Unit	VND
		Buy	Sell ​​out
Silver bars, Phu Quy 999 silver bars	1 amount	1,280,000	1,320,000
Phu Quy 999 Silver Bar	1 kg	33,653,249	34,693,247

Latest update on world silver price on March 26, 2025:

Unit	World silver price today (VND)
	Buy	Sell ​​out
1 Ounce	853,000	858,000
1 finger	102,795	103,413
1 amount	1,028,000	1,034,000
1 kg	27,412,000	27,577,000

In the international market, silver prices also increased strongly. On the morning of March 26, spot silver prices reached 33.91 USD/ounce, up 0.77% compared to the previous session.

According to the current exchange rate, the world silver price is equivalent to about 864,000 VND/ounce for buying and 869,000 VND/ounce for selling, an increase of about 19,000 VND/ounce compared to before.

According to the Vietnam Commodity Exchange (MXV), silver is becoming one of the most attractive investment prospects among precious metals in 2025.

Many experts predict that silver prices may return to their historic peak of $40/ounce in the near future. Factors such as escalating trade wars, declining global supply while demand is increasing strongly have created a new wave of investment in silver.

Notably, demand for silver is not only coming from the jewelry sector but also from key industries such as solar panels, electric vehicles, electronics and energy infrastructure. Silver is the best conductor of electricity and heat, making it an increasingly indispensable material in renewable energy solutions and the global green transition.

Meanwhile, the supply of silver has been shrinking significantly. Many mines have been operating at a standstill due to rising costs and dwindling reserves. The four-year supply shortage has contributed to higher silver prices and the start of a long-term bull market.

In addition to its role as an industrial raw material, silver is also sought after by investors as a safe haven for financial investment, especially during times of economic uncertainty and high inflation. When the US dollar fluctuates and stocks are unstable, large flows of money tend to shift to safe assets such as gold and silver.

Combining factors from strong demand, limited supply to increasingly important role in green economic sectors, silver prices are expected to continue to maintain their upward momentum in the coming time.

Investors are starting to look back at silver, seeing it as one of the strategic choices in their safe-haven asset portfolios in 2025.

Source: https://baoquangnam.vn/gia-bac-hom-nay-26-3-2025-gia-bac-trong-nuoc-va-the-gioi-dong-loat-tang-manh-3151424.html