Silver price today 12/4/2025 increased to a record high

Domestic silver price approaches 2.3 million VND/tael

Silver price this morning in Phu Quy recorded 2,184 million VND/tael for buying and 2,252 million VND/tael for selling. Each price increased by 41,000 VND/tael compared to the previous session and is currently at a difference of 67,000 VND/tael.

For 1kg silver products, Phu Quy listed the price at 58.239 million VND/kg for buying and 60.053 million VND/kg for selling. The price of 1kg silver decreased slightly by more than 1 million VND each way, bringing the difference to 1.814 million VND/kg.

This morning, Sacombank 's Kim Phuc Loc SBJ silver bars were at VND2,133 million/tael for buying and VND2,187 million/tael for selling. The silver price increased by VND39,000/tael for buying and VND42,000/tael for selling. The difference between the two prices is at VND54,000/tael.

At Ancarat, 2024 999 silver bars are listed at VND2,201 million/tael for buying and VND2,251 million/tael for selling. Each price increased by VND20,000/tael compared to the previous session, with a difference of VND50,000/tael.

2025 silver bars of 1kg reached 57,766 million VND/kg for buying and 59,526 million VND/kg for selling. The prices increased by 512,000 VND and 532,000 VND/kg, respectively, bringing the difference to 1,760 million VND/kg.

Market overview shows that domestic silver prices have increased sharply in most brands. Phu Quy's 1kg silver product alone has now exceeded VND60 million/kg. Silver prices sold at many businesses are approaching VND2.3 million/tael.

Silver price today 12/4/2025 increased to a record high

World silver prices have increased sharply for many weeks

The world silver price opened at 58.48 USD/ounce on the morning of December 4, a slight increase compared to the previous session. The amplitude fluctuated from 57.55 to 58.97 USD/ounce. After a few dozen minutes of trading, the price decreased slightly to 58.45 USD/ounce.

Silver has risen more than 20% in the past two weeks and is 62% higher than at the beginning of August. Over the past three years, silver has risen 3.3 times, exceeding gold’s 2.5 times increase. The rapid rise is causing profit-taking in the market and affecting the gold/silver ratio.

Silver demand for solar panels, wind power and batteries continues to grow strongly, becoming the main driving force to keep silver prices high. The global green energy economy is estimated by the WEF to exceed 7,000 billion USD/year by 2030, leading to a sustainable increase in silver consumption.

Metals Focus predicts the market could fall into a long-term shortage, as silver substitutes cannot meet current technical standards.

Silver Price Forecast

Several forecasts have given new targets for silver prices. Coincodex expects prices to reach $61 an ounce next week, $72.70 an ounce within the month and near $88.50 an ounce in the next three months.

Despite the recovery of the US dollar and the strong growth of stocks, silver prices are still climbing due to the scarcity of supply in the international market. Reserves in London are falling, inventories in Shanghai are at a 10-year low.

Source: https://baonghean.vn/gia-bac-hom-nay-4-12-2025-tang-cao-ky-luc-10313740.html