Silver prices on April 19, 2025 continued to decline after a series of previous increases, both domestically and internationally . In Hanoi, Phu Quy Gold and Gemstone Group kept the buying price unchanged at VND 1,247,000/tael and the selling price at VND 1,286,000/tael.
However, at some other trading points, silver prices have slightly decreased, to about VND 1,034,000/tael (buy) and VND 1,064,000/tael (sell).
In Ho Chi Minh City, silver prices also recorded a downward trend with the buying price of VND1,036,000/tael and the selling price of VND1,070,000/tael. In the international market, the converted silver price has decreased to VND844,000/ounce for buying and VND849,000/ounce for selling.
This is a sign that the silver market is entering a correction phase after the previous prolonged rally.
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 |
The world silver price on April 19, 2025 is at 32.34 USD/ounce according to Goldprice.org. Although in a downward trend, silver is still considered to have prospects thanks to stable industrial demand and increasingly scarce supply.
Industrial demand for silver is expected to remain steady at around 677.4 million ounces this year, according to Metals Focus, with demand in the electrical, electronics, automotive, power grid and consumer electronics sectors expected to increase slightly despite a slowdown in the solar industry.
However, in the short term, silver remains under pressure due to concerns that a global economic slowdown could reduce industrial consumption, making it unable to keep up with the rise of gold, which is more popular as a safe-haven asset.
The gold-silver ratio is currently near a five-year high, above 100, suggesting that gold is attracting more money. However, Philip Newman, director of Metals Focus, said that the silver market has been in deficit for the past five years, and that this imbalance could continue to support silver prices in the long term.
Source: https://baoquangnam.vn/gia-bac-hom-nay-19-4-2025-tiep-tuc-xu-huong-giam-3153126.html
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