Silver price today 4/4/2025: Sharp decrease

In Hanoi, Phu Quy Group listed silver price at 1,301,000 VND/tael for buying and 1,341,000 VND/tael for selling.

Surveys at many other transaction points show that domestic silver prices are decreasing slightly, currently at VND1,038,000/tael for buying and VND1,068,000/tael for selling.

In Ho Chi Minh City, silver prices also decreased, fluctuating around VND1,040,000/tael for buying and VND1,073,000/tael for selling.

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on April 4, 2025:

Silver type	Unit	Hanoi		Ho Chi Minh City
		Buy	Sell	Buy	Sell
Silver 99.9	1 amount	1,038,000	1,068,000	1,040,000	1,073,000
	1 kg	27,675,000	28,473,000	27,727,000	28,624,000
Silver 99.99	1 amount	1,046,000	1,076,000	1,047,000	1,078,000
	1 kg	27,881,000	28,685,000	27,923,000	28,736,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on April 4, 2025:

Silver type	Unit	VND
		Buy	Sell
Silver bars, Phu Quy 999 silver bars	1 amount	1,301,000	1,341,000
Phu Quy 999 Silver Bar	1 kg	34,666,580	35,733,244

Latest update on world silver prices on April 4, 2025:

The world silver price continues to decrease, equivalent to about 847,000 VND/ounce for buying and 852,000 VND/ounce for selling. On Goldprice.org, the international silver price is at 33.7 USD/ounce.

Unit	World silver price today (VND)
	Buy	Sell
1 Ounce	847,000	852,000
1 only	102,100	102,722
1 amount	1,021,000	1,027,000
1 kg	27,227,000	27,393,000

Silver prices fell to their lowest since March 11. The imposition of a minimum 10% tariff on countries importing semiconductors (an industry that uses a lot of silver) has raised concerns about demand, according to Jigar Trivedi, an expert at Reliance Securities.

According to FXEmpire analyst Christopher Lewis, the $33.33/ounce level is attracting investors’ attention because it is a level that has played an important role in the past. However, he warned investors to be cautious about short-term fluctuations in the silver market.

Lewis said that if silver prices continue to fall, this could be a buying opportunity. Conversely, if they fall below $33/ounce, the 50-day moving average will be a notable support level.

If the price breaks through the resistance level of $35/ounce, the market could witness a strong rally. However, this expert also commented that the possibility of a strong price increase is unlikely to happen soon, but in the long term, silver is still an asset with great potential due to its high volatility.

Source: https://baoquangnam.vn/gia-bac-hom-nay-4-4-2025-giam-manh-3152070.html