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Silver price today 4/4/2025: Sharp decrease

Silver price today April 4, 2025: Domestic and world silver prices both recorded fluctuations, in the context of market concerns about the new tax decree from the US.

Báo Quảng NamBáo Quảng Nam04/04/2025

In Hanoi , Phu Quy Group listed silver price at 1,301,000 VND/tael for buying and 1,341,000 VND/tael for selling.

Surveys at many other transaction points show that domestic silver prices are slightly decreasing, currently at 1,038,000 VND/tael for buying and 1,068,000 VND/tael for selling.

In Ho Chi Minh City, silver prices also decreased, fluctuating around VND1,040,000/tael for buying and VND1,073,000/tael for selling.

Silver price today 4/4/2025: Sharp decrease

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on April 4, 2025:

Silver type
Unit Hanoi
Ho Chi Minh City
Buy
Sell ​​out
Buy
Sell ​​out
99.9 silver
1 amount 1,038,000
1,068,000
1,040,000
1,073,000
1 kg 27,675,000 28,473,000 27,727,000 28,624,000
Silver 99.99 1 amount 1,046,000 1,076,000 1,047,000 1,078,000
1 kg 27,881,000 28,685,000 27,923,000 28,736,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on April 4, 2025:

Silver type
Unit VND
Buy
Sell ​​out
Silver bars, Phu Quy 999 silver bars
1 amount 1,301,000
1,341,000
Phu Quy 999 Silver Bar 1 kg 34,666,580 35,733,244

Latest update on world silver price on April 4, 2025:

The world silver price continues to decrease, equivalent to about 847,000 VND/ounce for buying and 852,000 VND/ounce for selling. On Goldprice.org, the international silver price is at 33.7 USD/ounce.

Unit World silver price today (VND)
Buy
Sell ​​out
1 Ounce 847,000
852,000
1 finger 102,100 102,722
1 amount 1,021,000 1,027,000
1 kg 27,227,000 27,393,000

Silver prices fell to their lowest since March 11. The imposition of a minimum 10% tariff on countries importing semiconductors (an industry that uses a lot of silver) has raised concerns about demand, according to expert Jigar Trivedi of Reliance Securities.

According to FXEmpire analyst Christopher Lewis, the $33.33/ounce level is attracting investors’ attention because it is a level that has played an important role in the past many times. However, he warned investors to be cautious about short-term fluctuations in the silver market.

Lewis said that if silver prices continue to fall, this could be a buying opportunity. Conversely, if they fall below $33/ounce, the 50-day moving average will be a notable support level.

If the price breaks through the resistance level of $35/ounce, the market could see a strong rally. However, this expert also said that the possibility of a strong price increase is unlikely to happen soon, but in the long term, silver is still an asset with great potential due to its high volatility.

Source: https://baoquangnam.vn/gia-bac-hom-nay-4-4-2025-giam-manh-3152070.html


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