Silver price today April 6: Continues to fall sharply

Domestic market

At Phu Quy Gold and Gemstone Group, Phu Quy silver price decreased, listed at 1,183,000 VND/tael (buy) and 1,220,000 VND/tael (sell) in Hanoi.

In addition, according to a survey at other trading locations in Hanoi, domestic silver prices have dropped sharply in both buying and selling directions, currently listed at VND952,000/tael (buy) and VND982,000/tael (sell).

World silver prices have decreased, currently at 775,000 VND/ounce (buy) and 781,000 VND/ounce (sell).

In Ho Chi Minh City, silver prices also decreased, currently at 954,000 VND/tael (buy) and 987,000 VND/tael (sell).

World market

World silver prices have decreased, currently at 775,000 VND/ounce (buy) and 781,000 VND/ounce (sell).

Silver price listed on Goldprice.org is at 29.53 USD/ounce; down 7.14% compared to yesterday's trading session.

Silver prices fell sharply after US President Donald Trump announced detailed plans for reciprocal tariffs on trading partners, causing many traders to sell off silver, according to FXStreet.

Silver has enjoyed a strong rally in recent months, similar to gold, as investors believe Trump's tax policies will lead to inflation and hurt global economic growth.

Additionally, growing concerns about silver demand from industries also sent silver prices sharply lower.

Source: https://baodaknong.vn/gia-bac-hom-nay-6-4-tiep-tuc-giam-sau-248457.html