Price of money today May 8, 2025 at Phu Quy Gold and Gemstone Group, the price of money in Phu Quy decreased by 0.3%, listed at 1,254,000 VND/Tael (purchase) and 1,293,000 VND/Tael (sale).
In addition, according to a survey carried out in other negotiation places in Hanoi, the prices of national money have greatly dropped in both directions of purchase and sale, currently listed at 1,038,000 VND/Tael (purchase) and 1,068,000 VND/Tael (sale). Compared to yesterday, the price of money in Hanoi decreased by 19,000 VND/Tael for purchase – decreased by 18,000 VND/Tael for sale
In TP. In Ho Chi Minh Ville, money prices are also on a high downward trend, currently at 1,040,000 VND/Tael (purchase) and 1,074,000 VND/Tael (sale). Compared to yesterday, price of money in TP. Ho Chi Minh Ville has reduced its prices by 18,000 VND/Tael in both directions, to purchase as for sale.
More specifically, the latest information on money prices today on the two largest markets in Hanoi and Ho Chi Minh Ville. Ho Chi Minh Ville, May 8, 2025:
| Type d’argent | Unit | Hanoi | Ville. Ho Chi Minh | ||
| Acheter | Sell | Acheter | Sell | ||
| Argent 99,9 | 1 amount | 1 038 000 | 1 068 000 | 1 040 000 | 1 074 000 |
| 1 kg | 27 688 000 | 28 486 000 | 27 740 000 | 28 637 000 | |
| Argent 99,99 | 1 amount | 1 046 000 | 1 076 000 | 1 048 000 | 1 078 000 |
| 1 kg | 27 894 000 | 28 698 000 | 27 936 000 | 28 749 000 | |
Update of the latest money price list at Phu Quy Gold and Gemstone Group 8 out of 2025:
| Type d’argent | Unit | VND | |
| Acheter | Sell | ||
| Silver ingots, silver ingots phu quy 999 | 1 amount | 1 254 000 | 1 293 000 |
| Silver Lingot Phu Quy 999 | 1 kg | 33 439 916 | 34 479 914 |
Last update on world money prices on May 8, 2025:
On the world market, the price of money indicated on GoldPrice.org is 32.6 USD/OCE.
Money price forecasts
The prices of money (XAG/USD) fell during the Asian session on Wednesday, oscillating around $ 33.00 per ounce after two consecutive winning sessions.
This correction occurred while the demand for assets shelters has weakened after the announcement that the United States and China will hold commercial negotiations this week, arousing the hope of a possible appeasement of tensions between the two largest economies in the world.
The meeting is scheduled in Geneva, with the participation of the American secretary in the Treasury Scott Bessent, the representative in trade Jamieson Greer and the Chinese Deputy Prime Minister He Lifeng.
This is the first high-level dialogue since the United States has imposed customs tariffs that sparked a world trade war. China has confirmed that it would participate and that it examined American proposals, taking into account the global feeling and national economic interests.
In addition, a stronger US dollar also exerts pressure on money prices, because when the greenback increases in value, money, the price of which is denominated in US dollars, becomes more expensive for investors with other currencies.
The feeling of the market is now more prudent while investors await the decision of the American Federal Reserve (Fed) on interest rates later in the North American negotiation session.
Previously, the prices of money had been supported by the positive reaction of the market to President Donald Trump’s words. Although he excluded from meeting Chinese President Xi Jinping this week, he also suggested that he could reduce customs duties by 145 % on Chinese products.
However, its other declarations, such as the taxation of a 100% tax on foreign films and the possibility of taxing pharmaceutical products, worried the market, adding to volatility.
The Fed should maintain its interest rates unchanged, but investors are closely monitoring President Jerome Powell’s speech to obtain more indications on the orientation of its policy in a context of persistent trade tensions and President Trump pressure to reduce interest rates.
