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Silver price today April 17, 2025: Silver steadily increases

Silver price today (April 17, 2025), world silver price and domestic silver price continued to increase strongly and remained at a high level.

Báo Công thươngBáo Công thương16/04/2025

Silver price today at Phu Quy Jewelry Group, Phu Quy silver price continues to increase, listed at 1,258,000 VND/tael (buy) and 1,297,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver prices continue to increase in both buying and selling directions, currently listed at 1,044,000 VND/tael (buy) and 1,073,000 VND/tael (sell). In Ho Chi Minh City, silver prices also increased, currently at 1,046,000 VND/tael (buy) and 1,079,000 VND/tael (sell). World silver prices increased in both buying and selling directions, currently at 852,000 VND/ounce (buy) and 857,000 VND/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on April 16, 2025:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

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
Silver 99.99 1 amount 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

Update the latest silver price list at Phu Quy Gold and Gemstone Group on April 16, 2025:

Silver type

Unit

VND

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,258,000

1,297,000

Phu Quy 999 Silver Bar 1 kg 33,546,583 34,586,580

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

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

852,000

857,000

1 only 102,677 103.301
1 amount 1,027,000 1,033,000
1 kg 27,381,000

27,547,000

On the world market, the silver price listed on Goldprice.org is at 32.4 USD/ounce; up 0.2 USD compared to yesterday morning.

Silver prices edged up slightly in the last trading session. According to FX Empire, the metal is taking advantage of the same factors that have boosted gold, including safe-haven flows and a weaker US dollar. This increases the appeal of silver as an alternative asset in a risk-off environment.

The dollar remains under pressure and remains at its lowest level since April 2022, said Arslan Ali, a currency and commodities analyst at FX Empire. Markets are pricing in three rate cuts in 2025 as Fed officials acknowledge potential risks.

The weakness in the US dollar has boosted gold and silver prices, both of which are sensitive to moves in real yields and moves in the US dollar ,” said Arslan Ali.

Short-term silver price forecast, Arslan Ali said that silver is creating a clear bullish trend and sustaining above $32.05/ounce as buyers push prices higher.

Vy Vy

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


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