Silver price today April 18, 2025: Unexpected downward adjustment

At Phu Quy Gold and Gemstone Group in Hanoi , silver prices still recorded a slight increase, listed at VND1,258,000/tael for buying and VND1,297,000/tael for selling.

However, at other trading locations in Hanoi, silver prices have tended to decrease compared to a few days ago, currently commonly at 1,044,000 - 1,073,000 VND/tael.

In Ho Chi Minh City, silver prices were recorded at VND1,046,000/tael for buying and VND1,079,000/tael for selling, generally equivalent to the general level in Hanoi.

In the international market, the converted silver price is currently at VND852,000/ounce for buying and VND857,000/ounce for selling, showing a slight downward trend compared to previous days. The current price movement reflects a slowdown after a period of strong growth in the global silver market.

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on April 18, 2025:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
Silver 99.9	1 amount	1,028,000	1,058,000	1,030,000	1,063,000
	1 kg	27,407,000	28,205,000	27,459,000	28,356,000
Silver 99.99	1 amount	1,035,000	1,066,000	1,037,000	1,068,000
	1 kg	27,613,000	28,417,000	27,655,000	28,468,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on April 18, 2025:

Silver type	Unit	VND
		Buy	Sell
Silver bars, Phu Quy 999 silver bars	1 amount	1,247,000	1,286,000
Phu Quy 999 Silver Bar	1 kg	33,253,250	34,293,248

Latest update on world silver prices on April 18, 2025:

Unit	World silver price today (VND)
	Buy	Sell
1 Ounce	839,000	844,000
1 only	101,095	101,719
1 amount	1,011,000	1,017,000
1 kg	26,959,000	27,125,000

In the international market, silver is currently listed at $32.34 per ounce according to data from Goldprice.org. Despite the economic uncertainty, silver has not been able to keep up with the rise of gold – a traditional safe haven asset. However, the long-term outlook for silver is still positive thanks to strong industrial demand while supply is decreasing.

According to the latest report from Metals Focus released on April 16, industrial demand for silver is expected to remain stable at 677.4 million ounces this year. In particular, the electrical and electronics sector is expected to increase slightly by 1%, thanks to demand from the automotive industry, power grid systems and consumer electronics. This increase is considered enough to offset the decline in the solar energy sector.

However, in the short term, silver remains volatile and has underperformed gold. The gold-silver ratio is currently near a five-year high, above 100 points – a sign that silver is undervalued relative to gold.

The silver market has been struggling recently as investors worry that industrial demand could fall if the global economy falls into recession. However, Philip Newman, CEO of Metals Focus, said the silver market has been facing a supply shortage for the past five years and this situation could continue for the next few years.

According to Mr. Newman, the global trend towards electrification will be a driving force for silver demand in the long term. This is an important factor that helps silver prices maintain a positive outlook despite short-term fluctuations.

Source: https://baoquangnam.vn/gia-bac-hom-nay-18-4-2025-bat-ngo-dieu-chinh-giam-3153028.html