Silver reached a high of $33.02 per ounce.

Today's silver prices (February 6, 2025) saw a sharp increase both domestically and internationally amid concerns about potential disruptions to the global supply chain.

Today's silver prices at Phu Quy Gold, Silver and Gemstone Group show a strong upward trend, listed at 1,192,000 VND/ounce (buying price) and 1,229,000 VND/ounce (selling price) in Hanoi . Additionally, surveys at other trading locations in Hanoi show a 20,000 VND increase, currently listed at 996,000 VND/ounce (buying price) and 1,030,000 VND/ounce (selling price). In Ho Chi Minh City, silver prices also followed the upward trend, currently at 998,000 VND/ounce (buying price) and 1,036,000 VND/ounce (selling price). World silver prices also increased, currently at 816,000 VND/ounce (buying price) and 821,000 VND/ounce (selling price).

Here is the latest information on today's silver prices in the two largest markets, Hanoi and Ho Chi Minh City, on February 6, 2025:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
99.9% Silver	1 tael	996,000	1,030,000	998,000	1,036,000
	1 kg	26,572,000	27,470,000	26,624,000	27,621,000
99.99% Silver	1 tael	1,004,000	1,038,000	1,006,000	1,040,000
	1 kg	26,778,000	27,682,000	26,820,000	27,733,000

Updated silver price list at Phu Quy Gold, Silver and Gemstone Group on February 6, 2025:

Silver type	Unit	VND
		Buy	Sell
Phu Quy 999 Silver Bars and Ingots	1 tael	1,208,000	1,245,000
999 Gold Ingots	1 kg	32,213,253	33,199,917

Latest update on world silver prices as of February 6, 2025:

Unit	Today's world silver price (VND)
	Buy	Sell
1 Ounce	816,000	821,000
1 tael	98,410	99,016
1 tael	984,000	990,000
1 kg	26,243,000	26,404,000

At the close of trading, strong buying pressure prevailed in the metals market, with prices rising across the board amid growing concerns about potential disruptions to the global supply chain. In the precious metals market, silver prices surged 1.52%, reaching $33.02 per ounce, its highest level since late October 2024.

Furthermore, on February 3rd, US President Donald Trump unexpectedly postponed the imposition of tariffs on goods from Mexico and Canada just hours before the decision was scheduled to take effect. However, the market still faces many potential risks as the tense trade relationship between Washington and Beijing shows signs of escalating due to the lack of agreement between the two sides.

China has officially announced it will take proportionate retaliatory measures against the tariffs imposed by the Trump administration, raising concerns about a prolonged trade war. Amidst a global economic environment showing no signs of cooling down, investors continue to channel capital into safe-haven assets, particularly precious metals.

Furthermore, the US extending tariffs on Canada and Mexico caused a slight weakening of the US dollar. This made dollar-denominated commodities like metals more attractive to importers using other currencies, stimulating buying and further driving up prices for industrial and precious metals.

Source: https://congthuong.vn/gia-bac-hom-nay-622025-bac-cham-nguong-3302-usdounce-372427.html