Silver price today (February 18, 2025), domestic and world silver prices both tend to increase after the previous stable session.
Silver price today at Phu Quy Jewelry Group, silver price decreased slightly, listed at 1,214,000 VND/tael (buy) and 1,252,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other trading locations in Hanoi, domestic silver price increased after a stable session at the end of the week, currently listed at 1,003,000 VND/tael (buy) and 1,037,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 1,005,000 VND/tael (buy) and 1,043,000 VND/tael (sell). World silver price increased slightly, currently at 826,000 VND/ounce (buy) and 831,000 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 18, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 1,003,000 | 1,037,000 | 1,005,000 | 1,043,000 |
| 1 kg | 26,757,000 | 27,655,000 | 26,809,000 | 27,806,000 | |
| Silver 99.99 | 1 amount | 1,011,000 | 1,045,000 | 1,013,000 | 1,047,000 |
| 1 kg | 26,963,000 | 27,867,000 | 27,005,000 | 27,918,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on February 18, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,214,000 | 1,252,000 |
| Phu Quy 999 Silver Bar | 1 kg | 32,373,252 | 33,386,583 |
Latest update on world silver prices on February 18, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 826,000 | 831,000 |
| 1 only | 99,546 | 100,160 |
| 1 amount | 995,000 | 1,002,000 |
| 1 kg | 26,546,000 | 26,709,000 |
In the precious metals market, at the end of the first trading session of the week, silver price continued to rise to 32.86 USD/ounce, equivalent to an increase of 1.27%.
Over the past week, a series of economic data and many changes in US tariff policies have attracted money into the precious metals market.
Notably, on February 12, the US Bureau of Labor Statistics also released its January Consumer Price Index (CPI) report. The report revealed that US inflation increased by 0.5%, surpassing the 0.4% increase in December and the market forecast of 0.3%. Concerns continued to rise after US President Donald Trump announced that he would impose reciprocal tariffs on countries that tax imports from the US. In addition, the US also released the PPI index for January, showing that producer prices increased by 0.4% this month.
Hot economic data from the US has caused fluctuations in expectations for the US Federal Reserve’s interest rate policy. This reflects the strong demand for safe havens, especially from central banks around the world, amid concerns that new US trade tariffs could slow global economic growth. These factors have kept precious metals prices firmly in the high range over the past week.
Source: https://congthuong.vn/gia-bac-hom-nay-1822025-bac-len-muc-3286-usdounce-374263.html
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