Silver price today April 19, 2025: Silver continues to decline

Silver price today at Phu Quy Jewelry Group, Phu Quy silver price remained stable, listed at 1,247,000 VND/tael (buy) and 1,286,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver prices turned down in both buying and selling directions, currently listed at 1,034,000 VND/tael (buy) and 1,064,000 VND/tael (sell). In Ho Chi Minh City, silver prices also decreased, currently at 1,036,000 VND/tael (buy) and 1,070,000 VND/tael (sell). World silver prices decreased in both buying and selling directions, currently at 844,000 VND/ounce (buy) and 849,000 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 19, 2025:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
Silver 99.9	1 amount	1,034,000	1,064,000	1,036,000	1,070,000
	1 kg	27,571,000	28,369,000	27,623,000	28,520,000
Silver 99.99	1 amount	1,042,000	1,072,000	1,043,000	1,074,000
	1 kg	27,777,000	28,581,000	27,819,000	28,632,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on April 19, 2025:

Silver type	Unit	VND
		Buy	Sell
Silver bars, Phu Quy 999 silver bars	1 amount	1,247,000	1,286,000
Phu Quy 999 Silver Bar	1 kg	33,253,250	34,293,248

Latest update on world silver prices on April 19, 2025:

Unit	World silver price today (VND)
	Buy	Sell
1 Ounce	844,000	849,000
1 only	101,712	102,336
1 amount	1,017,000	1,023,000
1 kg	27,123,000	27,290,000

On the world market, the silver price listed on Goldprice.org is at 32.34 USD/ounce.

Silver has not kept pace with gold’s rally amid economic and financial uncertainty, but it will continue to perform well as strong industrial demand outweighs falling supply, according to Kitco.

Industrial demand for silver is expected to remain steady at around 677.4 million ounces this year, with electrical and electronics demand expected to grow slightly by 1% this year as demand from the auto industry, grid investment and consumer electronics outweighs a decline in solar energy, according to Metals Focus.

The report comes as silver prices have seen significant volatility in the market and have underperformed gold as concerns about the global economy mount. The gold-silver ratio is hovering near a five-year high above 100.

Silver has struggled in recent weeks as investors worry that industrial demand could be hit if the global economy falls into recession.

However, in an interview with Kitco News, Philip Newman - CEO at Metals Focus - said that although the market has experienced five consecutive years of supply shortages, silver supply and demand have not yet reached a state of equilibrium.

Vy Vy

Source: https://congthuong.vn/gia-bac-hom-nay-1942025-bac-noi-da-giam-383764.html