Silver price today, April 17, 2025: Silver maintains its upward trend.

Today's silver prices (April 17, 2025): World and domestic silver prices continue their strong upward trend and remain at high levels.

Today's silver prices at Phu Quy Gold, Silver and Gemstone Group continue their upward trend, listed at 1,258,000 VND/ounce (buying) and 1,297,000 VND/ounce (selling) in Hanoi. Additionally, surveys at other trading locations in Hanoi show that domestic silver prices continue to rise in both buying and selling directions, currently listed at 1,044,000 VND/ounce (buying) and 1,073,000 VND/ounce (selling). In Ho Chi Minh City, silver prices follow the same upward trend, currently at 1,046,000 VND/ounce (buying) and 1,079,000 VND/ounce (selling). World silver prices also increased in both buying and selling directions, currently at 852,000 VND/ounce (buying) and 857,000 VND/ounce (selling).

Here is the latest information on today's silver prices in the two largest markets, Hanoi and Ho Chi Minh City, on April 16, 2025:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
99.9% Silver	1 tael	1,044,000	1,073,000	1,046,000	1,079,000
	1 kg	27,829,000	28,627,000	27,881,000	28,778,000
99.99% Silver	1 tael	1,051,000	1,081,000	1,053,000	1,083,000
	1 kg	28,035,000	28,839,000	28,077,000	28,890,000

Updated silver price list at Phu Quy Gold, Silver and Gemstone Group on April 16, 2025:

Silver type	Unit	VND
		Buy	Sell
Phu Quy 999 Silver Bars and Ingots	1 tael	1,258,000	1,297,000
999 Gold Ingots	1 kg	33,546,583	34,586,580

Latest update on world silver prices as of April 16, 2025:

Unit	Today's world silver price (VND)
	Buy	Sell
1 Ounce	852,000	857,000
1 tael	102,677	103,301
1 tael	1,027,000	1,033,000
1 kg	27,381,000	27,547,000

On the global market, the price of silver listed on Goldprice.org is at $32.4 per ounce; an increase of $0.20 compared to yesterday morning.

Silver prices edged higher in the last trading session. According to FX Empire, the metal is capitalizing on similar factors to gold's rally, including safe-haven flows and a weakening US dollar. This increases silver's appeal as an alternative asset in a risk-averse environment.

Arslan Ali, a currency and commodity analyst at FX Empire, said the US dollar remains under pressure and is holding at its lowest level since April 2022. The market is anticipating up to three interest rate cuts in 2025, as Federal Reserve officials acknowledge the potential risks.

“ The weakening of the US dollar has boosted the prices of gold and silver, both of which are sensitive to fluctuations in real yields and changes in the US dollar, ” shared Arslan Ali.

In his short-term forecast for silver prices, Arslan Ali believes that silver is forming a clear upward trend and will remain above $32.05 per ounce as buyers push prices higher.

Vy Vy

Source: https://congthuong.vn/gia-bac-hom-nay-1742025-bac-vung-da-tang-383368.html