Silver price today April 26: Mixed fluctuations

Domestic silver price

In the domestic market, at 5:30 a.m. on April 26, Phu Quy Gold and Gemstone Group ( Hanoi ), Phu Quy silver price was listed at VND 1,284,000/tael (buy) and VND 1,324,000/tael (sell), down VND 2,000/tael compared to yesterday morning's trading session.

Also in Hanoi, at other trading locations, silver prices were listed at VND1,065,000/tael (buy) and VND1,095,000/tael (sell), up VND1,000/tael for both buying and selling compared to yesterday morning's session.

In Ho Chi Minh City, silver prices also increased, currently at VND1,067,000/tael (buy) and VND1,101,000/tael (sell), also up VND1,000/tael compared to the previous session.

Latest information on silver prices in Hanoi and Ho Chi Minh City on April 26, 2025:

World silver price

In the world market, according to giabac.net, at 05:24:14 on the morning of April 26, the silver price stopped at 33.1 USD/ounce, down 0.55 USD/ounce compared to yesterday morning's trading session.

Currently, the listed silver price is at 861,000 VND/ounce for buying and 867,000 VND/ounce for selling, down 14,000 VND/ounce for buying and 13,000 VND/ounce for selling compared to yesterday morning's trading session.

Despite the decline, many experts remain optimistic about the outlook for silver prices in the near term, according to Kitco. Mr. Ole Hansen, Head of Commodity Strategy at Saxo Bank, forecasts that silver prices could reach $ 40 / ounce in 2025. Although he is concerned that the economic recession could affect industrial demand - which accounts for about 50% of global silver consumption - Mr. Hansen believes that the transition to green energy will maintain stable demand.

In addition, the silver market is expected to continue to experience a supply deficit in 2025, marking the fifth consecutive year of shortage. Growing interest in gold is also expected to drive investment flows into silver./.

Source: https://baodaknong.vn/gia-bac-hom-nay-26-4-bien-dong-trai-chieu-250673.html