Silver price today April 26, 2025: Reversal and slight decrease

Silver price today (April 26, 2025), domestic and world silver prices continued to increase slightly for the third consecutive session.

Silver price today at Phu Quy Gold and Gemstone Group, Phu Quy silver price reversed and decreased slightly, listed at 1,278,000 VND/tael (buy) and 1,318,000 VND/tael (sell) in Hanoi .

In addition, according to a survey at other trading locations in Hanoi, domestic silver prices increased slightly in both buying and selling directions, currently listed at VND 1,065,000/tael (buy) and VND 1,095,000/tael (sell).

In Ho Chi Minh City, silver prices are also increasing, currently at 1,067,000 VND/tael (buy) and 1,101,000 VND/tael (sell). World silver prices are increasing in both buying and selling directions, currently at 870,000 VND/ounce (buy) and 875,000 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 26, 2025:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
Silver 99.9	1 amount	1,065,000	1,095,000	1,067,000	1,101,000
	1 kg	28,413,000	29,211,000	28,465,000	29,362,000
Silver 99.99	1 amount	1,073,000	1,103,000	1,075,000	1,105,000
	1 kg	28,619,000	29,423,000	28,661,000	29,474,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on April 26, 2025:

Silver type	Unit	VND
		Buy	Sell
Silver bars, Phu Quy 999 silver bars	1 amount	1,278,000	1,318,000
Phu Quy 999 Silver Bar	1 kg	34,079,915	35,146,579

Latest update on world silver prices on April 26, 2025:

Unit	World silver price today (VND)
	Buy	Sell
1 Ounce	861,000	867,000
1 only	103,851	104,479
1 amount	1,039,000	1,045,000
1 kg	27,694,000	27,861,000

On the world market, the spot silver price this morning was recorded at 33.3 USD/ounce, down 0.49 USD compared to the previous session.

Silver XAG/USD edged lower in Asian trading on Friday morning after testing a three-week high, currently trading around the mid-$33 region, down 0.30% on the day. However, the current technical backdrop suggests caution before expecting any significant downside.

If the price corrects lower, the $33 area – now acting as support – could become an attractive buying point. A break of this support level could trigger technical selling pressure, pushing silver deeper into the $32.40 area, followed by $32.10–$32.00. If the selling continues, the recovery from the yearly low at $28 would be in doubt.

Earlier this week, XAG/USD’s move above $33, the top resistance of a multi-day trading range and the 61.8% Fibonacci retracement of the March-April decline, was seen as a key signal for bulls.

Oscillators on the daily chart are also improving in a positive direction and have not yet entered overbought conditions, indicating that the main trend of silver prices is still tilted to the upside.

On the upside, the $33.70 area is now the immediate hurdle. If cleared, XAG/USD could continue towards the $34 level, and further to the $34.30 area, before testing the strong resistance zone of $34.55–$34.60 – the highest since October 2024. If the rally continues, silver’s next target would be the important psychological level of $35.

Silver could hit $40 an ounce by 2025, according to Ole Hansen, head of commodity strategy at Saxo Bank. Despite concerns that a global recession could dent industrial demand for silver, Hansen believes the transition to green energy will keep demand steady. Additionally, the forecast of a further deficit in silver supply in 2025, marking the fifth consecutive year of deficits, is also supporting prices.

The increased interest in gold is expected to spill over to silver, boosting investment flows into the precious metal.

Source: https://baoquangnam.vn/gia-bac-hom-nay-26-4-2025-dao-chieu-giam-nhe-3153653.html