Silver price today at Phu Quy Jewelry Group, Phu Quy silver price increased, listed at 1,300,000 VND/tael (buy) and 1,340,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver prices increased sharply in both buying and selling directions, currently listed at 1,093,000 VND/tael (buy) and 1,123,000 VND/tael (sell). In Ho Chi Minh City, silver prices also increased, currently at 1,095,000 VND/tael (buy) and 1,129,000 VND/tael (sell). World silver prices increased in both buying and selling directions, currently at 893,000 VND/ounce (buy) and 898,000 VND/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on June 4, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 1,093,000 | 1,123,000 | 1,095,000 | 1,129,000 |
| 1 kg | 29,147,000 | 29,945,000 | 29,199,000 | 30,096,000 | |
| Silver 99.99 | 1 amount | 1,101,000 | 1,131,000 | 1,102,000 | 1,133,000 |
| 1 kg | 29,353,000 | 30,157,000 | 29,395,000 | 30,208,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on June 4, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,300,000 | 1,340,000 |
| Phu Quy 999 Silver Bar | 1 kg | 34,666,580 | 35,733,244 |
Latest update on world silver prices on June 4, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 893,000 | 898,000 |
| 1 only | 107,622 | 108,250 |
| 1 amount | 1,076,000 | 1,083,000 |
| 1 kg | 28,699,000 | 28,867,000 |
On the world market, the world silver price is listed at 34.15 USD/ounce; an increase of 1.14 USD.
Silver prices surged following a strong recovery in gold, reflecting market sentiment shifting to safe-haven assets amid a weakening US dollar and rising demand for havens.
The gold rally was driven by a weaker greenback and growing expectations that the Federal Reserve will soon begin a rate-cutting cycle. The dollar fell after April personal consumption expenditures (PCE) price index data showed inflation fell to 2.1% year-on-year, the lowest since early 2021.
Meanwhile, core inflation also fell from 2.7% to 2.5%. The cooling inflation has led the market to believe that the Fed could start easing monetary policy as early as September and could continue to cut interest rates again in December.
" In addition to the risk-off factor, silver's strength is also supported by industrial demand, especially amid signs of stabilizing global manufacturing ," said Arslan Ali, a currency and commodities analyst.
Investors were also cautious ahead of key US economic data and an upcoming speech by Fed Chairman Jerome Powell.
Source: https://congthuong.vn/gia-bac-hom-nay-462025-bac-tiep-tuc-tang-manh-390638.html
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