Silver price today, December 16, 2025: Prices surge, setting a new record.

Today, December 16th, silver prices have seen spectacular growth, particularly in Phu Quy, surpassing 66 million VND/kg. Industrial demand and its role as a store of value are driving the precious metal to outperform gold.

World silver prices opened higher.

On December 16th, the spot price of silver in the Asian market opened around $64.09 per ounce, up $2.07 from the previous session. The previous session's price range was between $61.58 and $64.14 per ounce. By approximately 6:27 AM Hanoi time, the price of silver had edged up to $64.11 per ounce, slightly higher than the opening price.

Silver prices are entering a rare bull run, rising nearly 115% year-to-date, outperforming gold. Limited supply and its growing role in both industry and as a store of value provide long-term support for the market.

Demand for silver from solar energy, electric vehicles, data centers, and AI continues to expand, with prospects remaining strong until at least 2030. Some forecasts suggest that silver prices could approach triple digits in 2026, although short-term volatility remains.

The gold-silver ratio has fallen to around 68, its lowest level since 2021, indicating that silver still has significant room to rise relative to gold. Compared to its historical average of around 66 and previous strong bull cycles that fell below 40, silver is currently still considered to be in a relatively low price range.

Phu Quy silver prices surge domestically.

In the domestic market, the price of Phu Quy silver on the morning of December 16th was listed at 2.398 million VND/ounce for buying and 2.472 million VND/ounce for selling. Compared to the previous session, the buying price increased by 69,000 VND/ounce, and the selling price increased by 71,000 VND/ounce, with the difference remaining at 74,000 VND/ounce.

For Phu Quy silver (1kg), the buying price reached 63.946 million VND/kg and the selling price was 65.919 million VND/kg, an increase of 1.840 million VND/kg and 1.893 million VND/kg respectively.

Sacombank 's listed price for Kim Phuc Loc SBJ 999 silver is 2.385 million VND/ounce for buying and 2.442 million VND/ounce for selling, a slight decrease of 3,000 VND/ounce in both directions. The buy-sell spread remains at 57,000 VND/ounce.

For 1kg of SBJ silver, the buying price is 63.520 million VND/kg, and the selling price is 65.040 million VND/kg.

At Ancarat Precious Metals Company, the buying price of 2024 Ancarat 999 silver bars is 2.4 million VND/ounce and the selling price is 2.459 million VND/ounce, an increase of 71,000 VND/ounce in the buying price and 73,000 VND/ounce in the selling price.

On the morning of December 16th, the price of 2025 Ancarat 999 silver bars (1kg) was listed at 63.154 million VND/kg for buying and 65.074 million VND/kg for selling, a sharp increase compared to the previous session, with a difference of around 1.920 million VND/kg.

Source: https://baodanang.vn/gia-bac-hom-nay-16-12-2025-gia-tang-vot-lap-ky-luc-moi-3315009.html