Silver price today April 16, 2025: Silver continues to increase

Silver price today at Phu Quy Jewelry Group, Phu Quy silver price continues to increase, listed at 1,244,000 VND/tael (buy) and 1,282,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver prices continue to increase in both buying and selling directions, currently listed at 1,027,000 VND/tael (buy) and 1,057,000 VND/tael (sell). In Ho Chi Minh City, silver prices also increased, currently at 1,029,000 VND/tael (buy) and 1,063,000 VND/tael (sell). World silver prices increased in both buying and selling directions, currently at 838,000 VND/ounce (buy) and 843,000 VND/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on April 16, 2025:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
Silver 99.9	1 amount	1,027,000	1,057,000	1,029,000	1,063,000
	1 kg	27,386,000	28,184,000	27,438,000	28,335,000
Silver 99.99	1 amount	1,035,000	1,065,000	1,036,000	1,067,000
	1 kg	27,592,000	28,396,000	27,634,000	28,447,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on April 16, 2025:

Silver type	Unit	VND
		Buy	Sell
Silver bars, Phu Quy 999 silver bars	1 amount	1,244,000	1,282,000
Phu Quy 999 Silver Bar	1 kg	33,173,250	34,186,581

Latest update on world silver prices on April 16, 2025:

Unit	World silver price today (VND)
	Buy	Sell
1 Ounce	838,000	843,000
1 only	101,018	101,643
1 amount	1,010,000	1,016,000
1 kg	26,938,000	27,105,000

In the world market, the silver price listed on Goldprice.org is at 32.2 USD/ounce; up 0.23 USD.

Silver prices edged up slightly in the last trading session. However, according to precious metals experts at Heraeus, silver prices have yet to fully recover and solar imports into the US could continue to put downward pressure on prices.

In the latest update on the precious metals market, experts said that US President Donald Trump's tariff decisions, the application and suspension of tariffs back and forth have caused financial markets to fluctuate sharply.

“ Tariffs on solar panel imports into the US would have a major impact on the industry and reduce demand for silver, as higher import costs would reduce demand ,” experts said.

In terms of price action, Heraeus points out that while gold prices have hit new highs, silver prices have failed to keep up.

“ Economic uncertainty remains high and with the possibility of higher tariffs being reimposed within the next 90 days, silver’s industrial component could continue to hold back silver prices ,” Heraeus concluded.

Vy Vy

Source: https://congthuong.vn/gia-bac-hom-nay-1642025-bac-noi-da-tang-383146.html