Silver price today (February 6, 2025), domestic and world silver prices increased sharply amid concerns about the possibility of a global supply chain disruption.
Silver price today at Phu Quy Jewelry Group, silver price tends to increase sharply, listed at 1,192,000 VND/tael (buy) and 1,229,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, silver price increased by 20,000 VND, currently listed at 996,000 VND/tael (buy) and 1,030,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 998,000 VND/tael (buy) and 1,036,000 VND/tael (sell). World silver price also increased, currently at 816,000 VND/ounce (buy) and 821,000 VND/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on February 6, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 996,000 | 1,030,000 | 998,000 | 1,036,000 |
| 1 kg | 26,572,000 | 27,470,000 | 26,624,000 | 27,621,000 | |
| Silver 99.99 | 1 amount | 1,004,000 | 1,038,000 | 1,006,000 | 1,040,000 |
| 1 kg | 26,778,000 | 27,682,000 | 26,820,000 | 27,733,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on February 6, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,208,000 | 1,245,000 |
| Phu Quy 999 Silver Bar | 1 kg | 32,213,253 | 33,199,917 |
Latest update on world silver prices on February 6, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 816,000 | 821,000 |
| 1 only | 98,410 | 99,016 |
| 1 amount | 984,000 | 990,000 |
| 1 kg | 26,243,000 | 26,404,000 |
At the end of the trading session, strong buying pressure occurred in the metal market, with prices of all commodities increasing amid growing concerns about the possibility of disruption of the global supply chain. In the precious metals market, silver prices increased sharply by 1.52%, reaching 33.02 USD/ounce, the highest level since late October 2024.
In addition, on February 3, US President Donald Trump unexpectedly postponed the imposition of tariffs on Mexican and Canadian goods just hours before the decision was due to take effect. However, the market still faces many potential risks as the tense trade relationship between Washington and Beijing shows signs of escalating due to the two sides not reaching a consensus.
China has officially announced that it will take appropriate countermeasures to the Trump administration's tariff move, raising concerns about a prolonged trade war. In the context of the global economic environment showing no signs of cooling down, investors continue to increase capital flows into safe-haven assets, especially precious metals.
In addition, the extension of the US tariffs on Canada and Mexico has weakened the US dollar slightly, making dollar-denominated commodities such as metals more attractive to importers using other currencies, stimulating buying and adding momentum to the price increase of industrial and precious metals.
Source: https://congthuong.vn/gia-bac-hom-nay-622025-bac-cham-nguong-3302-usdounce-372427.html
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