Silver price today (February 5, 2025), domestic and world silver prices simultaneously returned to a slight increase.
Silver price today at Phu Quy Jewelry Group, silver price tends to increase after Tet holiday, listed at 1,192,000 VND/tael (buy) and 1,229,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, silver price increased slightly, currently listed at 976,000 VND/tael (buy) and 1,010,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 978,000 VND/tael (buy) and 1,016,000 VND/tael (sell). World silver price also increased, currently at 794,000 VND/ounce (buy) and 799,000 VND/ounce (sell).
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on February 5, 2025:
Silver type | Unit | Hanoi | Ho Chi Minh City | ||
Buy | Sell | Buy | Sell | ||
Silver 99.9 | 1 amount | 976,000 | 1,010,000 | 978,000 | 1,016,000 |
| 1 kg | 26,032,000 | 26,930,000 | 26,084,000 | 27,081,000 | |
| Silver 99.99 | 1 amount | 984,000 | 1,018,000 | 985,000 | 1,020,000 |
| 1 kg | 26,238,000 | 27,142,000 | 26,280,000 | 27,193,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on February 5, 2025:
Silver type | Unit | VND | |
Buy | Sell | ||
Silver bars, Phu Quy 999 silver bars | 1 amount | 1,192,000 | 1,229,000 |
| Phu Quy 999 Silver Bar | 1 kg | 31,786,587 | 32,773,251 |
Latest update on world silver prices on February 5, 2025:
| Unit | World silver price today (VND) | |
Buy | Sell | |
| 1 Ounce | 794,000 | 799,000 |
| 1 only | 95,753 | 96,361 |
| 1 amount | 958,000 | 964,000 |
| 1 kg | 25,534,000 | 25,696,000 |
In the world market, spot silver price stopped at 31.57 USD/ounce, slightly up from 31.13 USD/ounce compared to the previous price.
In the 2025 outlook report, commodity strategists at TD Securities said that the economic recovery in the US and China in the second half of 2025 will significantly boost demand, so that silver prices will average $36/ounce in the final months of 2025, making it an outstanding asset in the commodity group.
According to TD Securities' detailed forecast, spot silver prices will trade at $33.25/ounce in Q1/2025, $33/ounce in Q2/2025, $34/ounce in Q3/2025, and peak at $36/ounce in Q4/2025. The outlook for 2026 is even more positive, with prices predicted to range from $38 to $39/ounce.
Source: https://congthuong.vn/gia-bac-hom-nay-522025-bac-do-ng-loat-tang-372261.html
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