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Silver price today 4/21/2025: Returning to the uptrend

Silver price today April 21, 2025: Silver price in domestic and world markets returns to a slight increase

Báo Quảng NamBáo Quảng Nam21/04/2025

Domestic silver prices on April 21, 2025 returned to a slight increase. At Phu Quy Gold and Gemstone Group, the buying price was 1,255,000 VND/tael and the selling price was 1,294,000 VND/tael in Hanoi .

According to a survey at some other trading locations in Hanoi, silver prices remained unchanged, currently buying at 1,036,000 VND/tael and selling at 1,066,000 VND/tael. In Ho Chi Minh City, prices remained unchanged, fluctuating around 1,038,000 VND/tael for buying and 1,071,000 VND/tael for selling.

In the world market, silver price increased slightly by 2,000 VND/ounce compared to the previous session. Currently, the buying price is 848,000 VND/ounce and the selling price is 853,000 VND/ounce.

Phu Quy silver price list today

PRODUCT UNIT BUY PRICE SELLING PRICE
PHU QUY BRAND SILVER
Phu Quy 999 Silver Bar 1 Tael VND/Quantity 1,255,000 1,294,000
Phu Quy 999 Silver Bar 10 taels, 5 taels VND/Quantity 1,255,000 1,294,000
999 Wealthy Art Silver Coin VND/Quantity 1,255,000 1,476,000
Phu Quy 999 Silver Bar 1Kilo VND/Kg 33,466,583 34,506,580
OTHER BRAND SILVER
999 Silver over 500 taels (Pieces-Bars-Ingots) VND/Quantity 1,060,900 _
999 Silver under 500 taels (Pieces-Bars-Ingots) VND/Quantity 1,030,000 _
Silver price today 4/21/2025: Returning to the uptrend

In the international market, silver prices increased slightly by VND 2,000/ounce according to data from Goldprice.org. Trading in the global silver market was temporarily suspended due to the Easter holiday in 2025.

Silver is gaining traction amid rising macroeconomic risks, which is seen as a big opportunity for silver, an asset that typically performs well in volatile markets but has received less attention than gold, said James Hyerczyk of FX Empire.

Currently, the gold-silver ratio is very high compared to its historical average of 70:1 to 85:1. This suggests that silver has the potential to outperform gold if the market returns to equilibrium.

While tariff concerns could hurt demand for silver in industries such as electronics and solar, tariff exemptions are helping to maintain steady supply, Hyerczyk said.

On the investment side, as economic uncertainty increases, silver is receiving greater attention from both institutional and retail investors, thanks to its role as a potential alternative haven to gold.

Source: https://baoquangnam.vn/gia-bac-hom-nay-21-4-2025-quay-lai-da-tang-3153281.html


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