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Silver price today April 16, 2025: Continuing the uptrend

Silver price today April 16, 2025: Domestic silver price continues to increase. World silver price increases more slowly due to the influence of industrial factors.

Báo Quảng NamBáo Quảng Nam16/04/2025

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.

Silver price today April 16, 2025: Continuing the uptrend

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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