Silver price today 5/30/2025: Silver price increased slightly when US stock index reached a three-month high
Silver price today 5/30/2025: Silver prices increased slightly as US stock indexes hit a three-month high. Technically, silver prices are still in a short-term uptrend
Surveyed at 4:30 this morning, today's silver price May 30, 2025 at Phu Quy Gold and Gemstone Group, Phu Quy silver price is listed at 1,276,000 VND/tael (buy) and 1,315,000 VND/tael (sell). Compared to yesterday, the silver price increased by 5,000 VND/tael in both buying and selling directions.
In addition, according to a survey at other trading locations in Hanoi, domestic silver prices increased by VND 2,000/tael in both buying and selling directions, currently listed at VND 1,064,000/tael (buy) and VND 1,094,000/tael (sell).
In Ho Chi Minh City, silver prices increased by VND2,000/tael in both buying and selling directions compared to yesterday, currently at VND1,066,000 (buy) and VND1,099,000/tael (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on May 30, 2025:
| Type | Unit | Silver price in Hanoi | Silver price in Ho Chi Minh City | ||
| Buy | Sell | Buy | Sell | ||
| Silver 99.9 | 1 liter | 1,064,000 | 1,094,000 | 1,066,000 | 1,099,000 |
| 1 kg | 28,365,000 | 29,163,000 | 28,417,000 | 29,314,000 | |
| Silver 99.99 | 1 amount | 1,071,000 | 1,102,000 | 1,073,000 | 1,103,000 |
| 1 kg | 28,571,000 | 29,375,000 | 28,613,000 | 29,426,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone GroupMay 30, 2025:
| Silver type | Unit | VND | |
| Buy | Sell | ||
| Silver bars, Phu Quy 999 silver bars | 1 amount | 1,276,000 | 1,315,000 |
| Phu Quy 999 Silver Bar | 1 kg | 34,026,582 | 35,066,579 |
Latest update on world silver prices on May 30, 2025:
On the world market, the silver price listed on Goldprice.org is at 33.25 USD/Ounce, up 0.21 USD/Ounce compared to yesterday.
| World silver price today (VND) | ||
| Unit | Buy | Sell |
| 1 Ounce | 863,000 | 868,000 |
| 1 Only | 104,066 | 104,693 |
| 1 Amount | 1,041,000 | 1,047,000 |
| 1 Kg | 27,751,000 | 27,918,000 |
Silver Price Forecast
Silver prices rose slightly, investor sentiment was quite optimistic as the US stock index hit a three-month high, which somewhat limited the flow of money into precious metals, which are considered safe-haven assets. Silver futures for July delivery increased by 0.315 USD to 33.475 USD/ounce.
The market is processing news of a ruling by the US Court of International Trade in New York, which rejected former President Trump's reciprocal tariffs. The court ruled that Trump exceeded his authority by imposing tariffs without congressional approval.
The Trump administration immediately appealed. If it loses, Trump's trade program could be completely upended, affecting trade negotiations between the US and other countries.
Asian and European stocks were mixed, while US markets are expected to open positively. Minutes of the latest Fed meeting contained no major surprises, but showed the central bank is not ready to cut interest rates anytime soon. Fed members expressed concern about the risk of "stagflation" - a condition of slow economic growth accompanied by high inflation.
The US dollar index rose slightly, while crude oil prices hovered around $62 a barrel. The yield on the 10-year US Treasury note is currently at 4.55%.
Technically, silver remains in a short-term uptrend. The next key resistance level is $34.015/oz, while key support lies at the May low of $31.78/oz.
