Silver price today (January 30, 2025), domestic and world silver prices reversed and increased after many consecutive declines.
Silver price today at Phu Quy Jewelry Group, silver price is stable, listed at 1,152,000 VND/tael (buy) and 1,188,000 VND/tael (sell) in Hanoi . In addition, according to a survey at other trading locations in Hanoi, silver price increased sharply after the previous decrease, currently listed at 936,000 VND/tael (buy) and 970,000 VND/tael (sell). In Ho Chi Minh City, silver price is also increasing, currently at 938,000 VND/tael (buy) and 975,000 VND/tael (sell). World silver price is also increasing, currently at 764,000 VND/ounce (buy) and 769,000 VND/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on January 30, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 936,000 | 970,000 | 938,000 | 975,000 |
| 1 kg | 24,962,000 | 25,860,000 | 25,014,000 | 26,011,000 | |
| Silver 99.99 | 1 amount | 944,000 | 978,000 | 945,000 | 980,000 |
| 1 kg | 25,168,000 | 26,072,000 | 25,210,000 | 26,123,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on January 30, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,152,000 | 1,188,000 |
| Phu Quy 999 Silver Bar | 1 kg | 30,719,923 | 31,679,921 |
Latest update on world silver prices on January 30, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 764,000 | 769,000 |
| 1 only | 92,104 | 92,708 |
| 1 amount | 921,000 | 927,000 |
| 1 kg | 24,561,000 | 24,722,000 |
In yesterday's trading session, the world metal market experienced many fluctuations after US President Donald Trump announced plans to increase import taxes. This move is aimed at protecting domestic production activities in the US, but also raised concerns about the risk of supply shortages in the market.
At the end of the trading session, for the precious metal group, silver price recorded an increase of 1.54%, to 30.88 USD/ounce.
In a speech to Republican lawmakers on Monday (January 27), US President Trump emphasized his plan to impose import tariffs on many items, including computer chips, pharmaceuticals, copper, aluminum and steel. This is a measure to encourage companies to manufacture in the US, while reducing dependence on imports. This move raised concerns about the risk of narrowing the supply of silver - an important material in chip production thanks to its superior electrical and thermal conductivity. At the same time, silver is also popular in the medical field thanks to its antibacterial properties, increasing demand for this metal, pushing prices to reverse sharply during the session. In addition, Mr. Trump's tax plan also increased concerns about trade tensions with international partners, thereby attracting money to safe-haven assets, especially precious metals such as silver.
However, the prospect of the US Federal Reserve (FED) keeping interest rates unchanged at its upcoming meeting also puts pressure on this group. Higher interest rates can strengthen the US dollar, making the precious metal more expensive for investors using other currencies, thereby curbing demand for the metal.
Source: https://congthuong.vn/gia-bac-hom-nay-3012025-bac-da-o-chieu-u-tang-manh-371657.html
![[Photo] Signing of cooperation between ministries, branches and localities of Vietnam and Senegal](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/7/24/6147c654b0ae4f2793188e982e272651)
Comment (0)