Silver prices on May 31st: increase expected despite weak dollar!

Transparenz: Redaktionell erstellt und geprüft.
Veröffentlicht am

Find out the current silver prices in Vietnam on May 31, 2025 and analyze the market development for investments.

Silver prices on May 31st: increase expected despite weak dollar!

Today, May 31, 2025, silver prices in Vietnam are highly relevant among both local and international traders. Loud Vietnam.vn the prices show clear differences between different sales locations and store types.

In the capital Hanoi, Phu Quy Gold and Gemstone Group is offering silver at prices of VND1,267,000 per tael for purchase and VND1,306,000 for sale. Other dealers in Hanoi have set domestic silver prices at VND1,056,000 when buying and VND1,086,000 when selling. In Ho Chi Minh City, the purchase price is VND 1,058,000 and the selling price is VND 1,092,000.

Comparison of silver prices in Vietnam

The price comparison shows that silver 99.9 is available in Hanoi at a purchase price of VND 1,056,000 and a selling price of VND 1,086,000. In Ho Chi Minh City, however, prices are VND 1,058,000 when buying and VND 1,092,000 when selling. Further details are shown in the table below:

Type of silver Hanoi (purchase) Hanoi (sales) Ho Chi Minh City (purchase) Ho Chi Minh City (Sales)
Silver 99.9 1,056,000 VND 1,086,000 VND 1,058,000 VND 1,092,000 VND
Silver 99.99 1,064,000 VND 1,094,000 VND 1,065,000 VND 1,096,000 VND

In the world market, the price of silver is VND 862,000 when buying and VND 867,000 when selling per ounce. These prices reflect the dynamic changes in global markets, according to Exchange Rates.org constantly updated to adapt to supply and demand fluctuations.

Market analysis and demand forecasts

Market analysis expert James Hyerczyk emphasizes that an increase in industrial demand for silver could be imminent. He predicts that silver prices could potentially exceed $34.87 an ounce, especially if the U.S. dollar is weaker. He sees an important price threshold at USD 33.70 per ounce, which is seen as an indicator of a new uptrend.

The constant updates of silver prices, provided in real time based on international trading in Tokyo, London and New York, highlight the volatile nature of the market. Silver prices are therefore not just a local matter, but also reflect global economic trends.