Silver price today (February 12, 2025), domestic and world silver prices recovered together, tending to increase after the previous decline.
Silver price today at Phu Quy Jewelry Group, silver price decreased slightly, listed at 1,190,000 VND/tael (buy) and 1,227,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other trading locations in Hanoi, silver price increased after the previous decrease, currently listed at 990,000 VND/tael (buy) and 1,024,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 992,000 VND/tael (buy) and 1,030,000 VND/tael (sell). World silver price increased slightly, currently at 810,000 VND/ounce (buy) and 815,000 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 12, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 990,000 | 1,024,000 | 992,000 | 1,030,000 |
| 1 kg | 26,408,000 | 27,306,000 | 26,460,000 | 27,457,000 | |
| Silver 99.99 | 1 amount | 998,000 | 1,032,000 | 1,000,000 | 1,034,000 |
| 1 kg | 26,614,000 | 27,518,000 | 26,656,000 | 27,569,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on February 12, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,190,000 | 1,227,000 |
| Phu Quy 999 Silver Bar | 1 kg | 31,733,254 | 32,719,918 |
Latest update on world silver prices on February 12, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 810,000 | 815,000 |
| 1 only | 97,667 | 98,283 |
| 1 amount | 977,000 | 983,000 |
| 1 kg | 26,045,000 | 26,209,000 |
In the first trading session of the week, the market witnessed green covering most metal products after the latest information on US tariff policy and optimistic consumption prospects. At the end of the session, silver price increased slightly by 0.15% to 32.5 USD/ounce.
On February 7, US President Donald Trump announced that he would impose reciprocal tariffs on several countries as early as this week, aiming to adjust trade policies to ensure US interests. According to data from the World Trade Organization (WTO), the US's trade-weighted average tariff is currently 2.2%. At the same time, Washington wants to increase revenue from import tariffs, which only account for about 2% of total annual budget revenue.
A blanket increase in import tariffs would push up prices, weaken consumer purchasing power and make businesses more cautious about investing, potentially slowing economic growth. In addition, Trump’s move, if implemented, could trigger retaliation from trading partners, such as higher tariffs or restrictions on imports of US goods, which would weaken US exports.
Concerns about rising inflation in the US along with the risk of escalating trade tensions have caused investors to seek safe-haven assets, thereby supporting silver and platinum prices in yesterday's trading session.
Source: https://congthuong.vn/gia-bac-hom-nay-1222025-bac-tang-325-usdounce-373340.html
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