At Phu Quy Gold and Gemstone Group, silver prices remain stable compared to the previous session, listed at VND 1,389,000/lượng (buying) and VND 1,432,000/lượng (selling) in Hanoi.
Meanwhile, the price of 1kg 999 silver bars is VND 37,039,907/bar (buying) and VND 38,186,571/bar (selling), updated as of 8:40 am on June 30.
In the global market, silver prices reached $36.05/ounce, equivalent to VND 936,000-941,000/ounce.
Silver prices remain high but have cooled off, ending a multi-day streak of gains.
Experts predict that in the first week of July, silver prices are likely to fluctuate within a narrow range as the market awaits signals from the Fed’s July meeting and developments in geopolitical tensions in regions such as Ukraine and the Middle East.
However, in the long run, silver is still highly regarded by investors for its profit potential due to its dual role as both a safe-haven asset and an essential industrial raw material in the era of energy transition and AI.
According to Citi Bank’s forecast, silver prices could reach $40-46/ounce in Q3-Q4 2025 if the trend towards cleaner energy continues to gain traction and global interest rates start to ease.
Silver Prices Today: Maintaining Stability
The silver market has witnessed a period of stability, with prices steadying after a significant previous drop.
The Golden Brown of Vietnam: A 30% Plunge from its Peak, What’s Happening?
The Vietnamese coffee market is currently experiencing a significant downturn, with prices mirroring the global downward trend.
What Sent Silver Surging to its Highest Price in Over a Decade?
“With an impressive rally already this year, silver is on a shining trajectory. Experts predict a potential surge to the $40/ounce mark, a level not seen since 2021. This precious metal’s rally is fueled by strong industrial demand and a boost in investment appeal, making it a bright spot in the commodities market and a potential haven for investors seeking diversification and a hedge against inflation.”
Today’s Silver Price, June 19: Dips After Fed Holds Rates Steady
The silver market witnessed a synchronized downturn, with prices dipping both domestically and globally.
Silver Price Today, June 16: Sustaining High Levels on Monday’s Opening Trade
The domestic and global silver prices remain relatively stable, with no significant fluctuations to report.
