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Silver price today December 2, 2025: Silver price increases 'skyrocketingly'

Silver price today (December 2, 2025), domestic and world silver prices continue to increase and silver is benefiting from expectations that the FED will soon cut interest rates.

Báo Công thươngBáo Công thương01/12/2025

Silver price today at Phu Quy Jewelry Group, silver price increased sharply, listed at 2,160,000 VND/tael (buy) and 2,227,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other trading locations in Hanoi, domestic silver price increased both buying and selling, currently listed at 1,872,000 VND/tael (buy) and 1,901,000 VND/tael (sell). In Ho Chi Minh City, silver price followed the same trend, currently at 1,873,000 VND/tael (buy) and 1,907,000 VND/tael (sell). World silver prices increased in both buying and selling directions, currently at 1,513,000 VND/ounce (buy) and 1,519,000 VND/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on December 2, 2025:

Silver type Unit Hanoi City Ho Chi Minh City
Buy Sell ​​out Buy Sell ​​out
99.9 silver 1 amount 1,872,000 1,901,000 1,873,000 1,907,000
1 kg 49,907,000 50,705,000 49,959,000 50,856,000
Silver 99.99 1 amount 1,879,000 1,909,000 1,881,000 1,911,000
1 kg 50,113,000 50,917,000 50,155,000 50,968,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on December 2, 2025:

Silver price Unit VND
Buy Sell ​​out
Silver bars, Phu Quy 999 silver bars 1 amount 2,160,000 2,227,000
Phu Quy 999 Silver Bar 1 kg 57,599,856 59,386,518

Latest update on world silver price on December 2, 2025:

Unit VND
Buy Sell ​​out
1 ounce 1,513,000 1,519,000
1 amount 182,471 183,107
1 finger 1,825,000 1,831,000
1 kg 48,659,000 48,829,000

In the world market, the world silver price is listed at 56.81 USD/ounce; an increase of 0.4 USD compared to the morning of December 1.

Silver prices surpassed the old record of $54.49/ounce set in October and recorded the strongest weekly increase since May 2024.

The sharp gains reflect a market where everything is coming together: continued industrial demand, years of supply shortages, and expectations of a rate cut by the US Federal Reserve in December, according to James Hyerczyk, precious metals analyst at FX Empire.

" The biggest driver of this rally has been the expectation that the Fed will cut interest rates soon. Officials like Christopher Waller and John Williams have also sent dovish signals. For a non-yielding asset like silver, lower interest rates mean lower opportunity costs, making it more reasonable to move money into the metal, " said James Hyerczyk.

In terms of supply and demand, James Hyerczyk said the market has been short a total of about 678 million ounces over the past four years. Looking ahead, silver’s status as both a precious metal and an industrial raw material makes prices volatile, but this dual role supports the uptrend.

Source: https://congthuong.vn/gia-bac-hom-nay-2-12-2025-gia-bac-tang-phi-ma-432876.html


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