Silver price today at Phu Quy Jewelry Group, Phu Quy silver price decreased, listed at 1,265,000 VND/tael (buy) and 1,304,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver prices turned to decrease in both buying and selling directions, currently listed at 1,050,000 VND/tael (buy) and 1,080,000 VND/tael (sell). In Ho Chi Minh City, silver prices also decreased, currently at 1,052,000 VND/tael (buy) and 1,086,000 VND/tael (sell). World silver prices have decreased in both buying and selling directions, currently at 857,000 VND/ounce (buy) and 862,000 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 29, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 1,050,000 | 1,080,000 | 1,052,000 | 1,086,000 |
| 1 kg | 28,000,000 | 28,798,000 | 28,052,000 | 28,949,000 | |
| Silver 99.99 | 1 amount | 1,058,000 | 1,088,000 | 1,059,000 | 1,090,000 |
| 1 kg | 28,206,000 | 29,010,000 | 28,248,000 | 29,061,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on April 29, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,265,000 | 1,304,000 |
| Phu Quy 999 Silver Bar | 1 kg | 33,733,249 | 34,773,246 |
Latest update on world silver prices on April 29, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 857,000 | 862,000 |
| 1 only | 103,320 | 103,946 |
| 1 amount | 1,033,000 | 1,039,000 |
| 1 kg | 27,552,000 | 27,719,000 |
In the world market, the silver price listed on Goldprice.org is at 32.69 USD/ounce; down 0.37 USD.
Muhammad Umair, financial expert at FX Empire, commented that silver prices are being greatly affected by market changes but are holding up better than gold.
In the long term, James Hyerczyk, market analyst at FX Empire, assessed that silver's appeal will increase as supply in the market becomes increasingly scarce.
" According to the Silver Institute's latest forecast for 2025, silver will be short about 117 million ounces, marking the fifth consecutive year of supply falling short of demand, " he said.
According to James Hyerczyk, the prolonged undersupply situation, especially due to strong demand from green energy projects, will help to firmly support silver prices. Silver reserves are expected to continue to decline, creating a stable foundation for silver prices even when the market is volatile.
Source: https://congthuong.vn/gia-bac-hom-nay-2942025-bac-suy-giam-385301.html
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