Silver price today (March 3, 2025), domestic and world silver prices are stable after the previous strong increase.
Silver price today at Phu Quy Jewelry Group, silver price is stable, listed at 1,182,000 VND/tael (buy) and 1,219,000 VND/tael (sell) in Hanoi . In addition, according to a survey at other trading locations in Hanoi, domestic silver price is stable after the previous strong increase, currently listed at 1,014,000 VND/tael (buy) and 1,044,000 VND/tael (sell). In Ho Chi Minh City, silver price is stable, currently at 1,016,000 VND/tael (buy) and 1,050,000 VND/tael (sell). World silver price is stable, currently at 796,000 VND/ounce (buy) and 801,000 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 3, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell out | Buy | Sell out | ||
99.9 silver | 1 amount | 1,014,000 | 1,044,000 | 1,016,000 | 1,050,000 |
| 1 kg | 27,047,000 | 27,845,000 | 27,099,000 | 27,996,000 | |
| Silver 99.99 | 1 amount | 1,022,000 | 1,052,000 | 1,024,000 | 1,054,000 |
| 1 kg | 27,253,000 | 28,057,000 | 27,295,000 | 28,108,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on March 3, 2025:
Silver type | Unit | VND | |
Buy | Sell out | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,182,000 | 1,219,000 |
| Phu Quy 999 Silver Bar | 1 kg | 31,519,921 | 32,506,585 |
Latest update on world silver price on March 3, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell out | |
| 1 Ounce | 796,000 | 801,000 |
| 1 finger | 95,997 | 96,613 |
| 1 amount | 960,000 | 966,000 |
| 1 kg | 25,599,000 | 25,763,000 |
At the end of the trading session, domestic and world silver prices were stable and did not fluctuate.
Forecasts from TD Securities continue to show a positive outlook for silver in the coming time. Specifically, the price of this metal is expected to remain around $33.25/ounce in Q1/2025, then decrease slightly to $33/ounce in Q2 and recover to $34/ounce in Q3 to peak at $36/ounce in Q4/2025, equivalent to an increase of about 9% compared to the present. Looking further, by 2026, silver could continue its upward trend, aiming for the threshold of $38-39/ounce.
In the short term, silver prices may follow gold’s lead due to market sentiment. But if the global economic weakness persists, the negative impact from industrial demand could overwhelm it, making silver more volatile than gold.
The main driver behind silver’s rise is growing industrial demand. Not only is it considered a safe haven asset, silver also plays a key role in the renewable energy industry, particularly in the production of solar panels.
Source: https://congthuong.vn/gia-bac-hom-nay-332025-bac-on-dinh-376438.html
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