Silver price today (March 11, 2025), silver price is mixed, domestic silver increased slightly, while world silver turned to decrease.
Silver price today at Phu Quy Jewelry Group, silver price decreased slightly, 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 trading locations in Hanoi, domestic silver price increased slightly after yesterday's stable session, currently listed at 1,013,000 VND/tael (buy) and 1,043,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 1,015,000 VND/tael (buy) and 1,048,000 VND/tael (sell). World silver price decreased slightly, currently at 829,000 VND/ounce (buy) and 834,000 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 11, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell out | Buy | Sell out | ||
99.9 silver | 1 amount | 1,013,000 | 1,043,000 | 1,015,000 | 1,048,000 |
| 1 kg | 27,006,000 | 27,804,000 | 27,058,000 | 27,955,000 | |
| Silver 99.99 | 1 amount | 1,020,000 | 1,051,000 | 1,022,000 | 1,053,000 |
| 1 kg | 27,212,000 | 28,016,000 | 27,254,000 | 28,067,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on March 11, 2025:
Silver type | Unit | VND | |
Buy | Sell out | ||
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 price on March 11, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell out | |
| 1 Ounce | 829,000 | 834,000 |
| 1 finger | 99,901 | 100,517 |
| 1 amount | 999,000 | 1,005,000 |
| 1 kg | 26,640,000 | 26,804,000 |
At the end of the trading session, domestic silver prices were in the opposite direction of world silver prices. Domestic silver prices increased slightly after the previous stable session. World silver prices turned down slightly, listed on Goldprice.org at 32.33 USD/ounce.
Previously, last week, silver prices jumped 4.26% to $32.55/ounce, 10% higher than the price at the beginning of 2025. According to MXV, unpredictable trade policies along with expectations that the US Federal Reserve (FED) will soon cut interest rates have created a driving force for precious metal prices.
Meanwhile, less optimistic economic signals from the US further reinforced expectations that the FED would soon loosen monetary policy, weakening the USD and increasing the attractiveness of assets such as gold and silver.
In the long term, Mr. Ole Hansen - Head of Commodity Strategy at Saxo Bank, commented that silver could surpass gold in 2025.
“ This year’s silver rally is fundamentally no different from previous rallies. Silver still mirrors gold’s moves, but with greater intensity. Often referred to as “boosting” gold, silver tends to move up and down more aggressively than its stable sibling, ” said Mr. Hansen.
Source: https://congthuong.vn/gia-bac-hom-nay-1132025-bac-trai-chieu-377601.html
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