Domestic market

At Phu Quy Gold and Gemstone Group, Phu Quy silver price reversed to increase, listed at 1,249,000 VND/tael (buy) and 1,288,000 VND/tael (sell) in Hanoi.

In addition, according to a survey at other trading locations in Hanoi, domestic silver prices continued to increase in both buying and selling directions, currently listed at VND 1,035,000/tael (buy) and VND 1,065,000/tael (sell).

In Ho Chi Minh City, silver prices are also on the rise, currently at VND1,037,000/tael (buy) and VND1,071,000/tael (sell).

World silver prices increased simultaneously in both buying and selling directions, currently at 845,000 VND/ounce (buy) and 850,000 VND/ounce (sell).

World market

Silver price listed on Goldprice.org is at 32.61 USD/ounce; up 0.27 USD.

Silver prices unexpectedly reversed higher in today's trading session. According to a Reuters poll of 29 traders and analysts, the average spot price forecast for silver is $33.10 an ounce in 2025.

Additionally, analysts revised their 2026 silver price forecast from $33.45 an ounce to $34.58 an ounce. They also expect the metal to be supported by supply-demand imbalances and the global clean energy transition.

“While industrial demand is currently affected by a solar panel oversupply, this situation should improve soon,” said StoneX analyst Rhona O’Connell. “Demand from the automotive and artificial intelligence sectors will also help maintain the supply-to-demand deficit, which is forecast to continue to widen into 2026.”

Silver prices are set to rise just 12% in 2025, well below gold’s growth, according to Reuters, largely due to slowing industrial demand (which now accounts for more than half of total demand) and a lack of investment interest from central banks.

Source: https://baodaknong.vn/gia-bac-hom-nay-3-5-dao-chieu-tang-251326.html