On the morning of April 16, 2025, domestic silver prices continued to increase. In Hanoi , Phu Quy Group listed the buying price at VND 1,244,000/tael and the selling price at VND 1,282,000/tael, up from the previous session.
At other trading points in Hanoi, the common silver price also increased slightly, currently buying at 1,027,000 VND/tael and selling at 1,057,000 VND/tael. In Ho Chi Minh City, the silver price recorded buying at 1,029,000 VND/tael and selling at 1,063,000 VND/tael, both increasing compared to yesterday.
In the international market, silver prices also increased in both buying and selling directions. Currently, the trading prices are 838,000 VND/ounce and 843,000 VND/ounce respectively according to the exchange rate.
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, silver price is currently listed at 32.2 USD/ounce on Goldprice.org, a slight increase of 0.23 USD compared to the previous session.
Despite the uptrend, experts from Heraeus said that silver prices have not yet recovered clearly. One reason is that the US continues to import solar products, especially panels, which are facing obstacles due to tax policies. President Donald Trump's tariff measures, including the implementation and suspension, are causing financial market instability and negatively affecting industrial demand for silver.
Higher import costs could limit silver consumption in the solar industry, according to Heraeus. While gold has hit new highs, silver has lagged behind due to industrial factors. Experts fear that if tariffs are reinstated within the next 90 days, silver prices could come under further downward pressure.
Source: https://baoquangnam.vn/gia-bac-hom-nay-16-4-2025-tiep-tuc-xu-huong-tang-3152863.html
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