World silver reverses domestic trend

Báo Công thươngBáo Công thương04/02/2025

Silver price today (February 4, 2025), domestic silver price increased slightly, while world silver price reversed and decreased.


Silver price today at Phu Quy Jewelry Group, silver price tends to increase after Tet holiday, listed at 1,174,000 VND/tael (buy) and 1,210,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, silver price increased slightly, currently listed at 969,000 VND/tael (buy) and 1,002,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 971,000 VND/tael (buy) and 1,008,000 VND/tael (sell). World silver price decreased slightly, currently at 784,000 VND/ounce (buy) and 789,000 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 4, 2025:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

969,000

1,002,000

971,000

1,008,000

1 kg 25,835,000 26,733,000 25,887,000 26,884,000
Silver 99.99 1 amount 977,000 1,010,000 978,000 1,012,000
1 kg 26,041,000 26,945,000 26,083,000

26,996,000

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

Silver type

Unit

VND

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,174,000

1,210,000

Phu Quy 999 Silver Bar 1 kg 31,306,588 32,266,586

Latest update on world silver prices on February 4, 2025:

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

784,000

789,000

1 only 94,563 95,174
1 amount 946,000 952,000
1 kg 25,217,000

25,380,000

In the world market, silver prices reversed and decreased. Specifically, the spot silver price stopped at 31.13 USD/ounce, down 0.39% compared to the previous trading session.

According to investors at major banks and industry experts, silver could surpass gold in 2025. This year's silver rally is not fundamentally different from previous rallies. Silver still mirrors gold's movements, but with greater intensity. With its dual role of balancing investment demand and meeting industrial demand, silver is expected to outperform gold next year.



Source: https://congthuong.vn/gia-bac-hom-nay-422025-bac-the-gioi-nguoc-chieu-trong-nuoc-372060.html

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