At Phu Quy Gold and Gemstone Group, silver prices were recorded at VND1,209,000/tael for buying and VND1,246,000/tael for selling. Surveys at other transaction points in Hanoi also showed that silver prices increased, fluctuating around VND994,000 - VND1,024,000/tael. Meanwhile, in Ho Chi Minh City, silver prices were bought at VND996,000/tael and sold at VND1,029,000/tael.
Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on April 12, 2025:
| Silver type | Unit | Hanoi | Ho Chi Minh City | ||
| Buy | Sell | Buy | Sell | ||
| Silver 99.9 | 1 amount | 994,000 | 1,024,000 | 996,000 | 1,029,000 |
| 1 kg | 26,501,000 | 27,299,000 | 26,553,000 | 27,450,000 | |
| Silver 99.99 | 1 amount | 1,002,000 | 1,032,000 | 1,003,000 | 1,034,000 |
| 1 kg | 26,707,000 | 27,511,000 | 26,749,000 | 27,562,000 | |
Update the latest silver price list at Phu Quy Gold and Gemstone Group on April 12, 2025:
| Silver type | Unit | VND | |
| Buy | Sell | ||
| Silver bars, Phu Quy 999 silver bars | 1 amount | 1,209,000 | 1,246,000 |
| Phu Quy 999 Silver Bar | 1 kg | 32,239,919 | 33,226,584 |
Latest update on world silver prices on April 12, 2025:
| Unit | World silver price today (VND) | |
| Buy | Sell | |
| 1 Ounce | 810,000 | 815,000 |
| 1 only | 97,698 | 98,318 |
| 1 amount | 977,000 | 983,000 |
| 1 kg | 26,053,000 | 26,218,000 |
In the world market, silver prices also increased, currently at 810,000 - 815,000 VND/ounce. On the Goldprice.org platform, silver prices are trading at 31.12 USD/ounce. According to Kitco, silver futures for May delivery increased by 0.37 USD, reaching 30.775 USD/ounce. Investors are looking to silver as an alternative safe haven amid strong volatility in US stocks and bonds.
The latest inflation data from the US showed that the CPI increased 2.4% year-on-year in March, while the core CPI increased 2.8%. This reinforced expectations that the US Federal Reserve (Fed) could cut interest rates sooner, thereby increasing the appeal of precious metals such as silver.
According to Kitco expert Jim Wyckoff, both buyers and sellers in the May silver futures market are currently struggling, but the sellers are showing signs of weakness. If this trend continues, silver prices may have formed a short-term bottom. He predicts that if buying pressure continues, the immediate target will be to break above $32/ounce - the current important resistance level. On the contrary, if selling pressure increases again, prices may fall to the support level of $27.545/ounce.
Current key technical levels include resistance at $31.245 and $31.50 per ounce, while strong support lies at $30.50 and $30.00 per ounce. Macroeconomic factors and global financial market reactions will continue to dominate silver’s price trend in the coming sessions.
Source: https://baoquangnam.vn/gia-bac-hom-nay-12-4-2025-duy-tri-da-tang-manh-3152604.html
![[Photo] Solemn opening of the 9th Session, 15th National Assembly](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/5/5/ad3b9de4debc46efb4a0e04db0295ad8)
![[Photo] President Luong Cuong presided over the welcoming ceremony and held talks with Sri Lankan President Anura Kumara Dissanayaka](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/5/5/bbb34e48c0194f2e81f59748df3f21c7)
![[Photo] National Assembly delegates visit President Ho Chi Minh's Mausoleum](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/5/5/9c1b8b0a0c264b84a43b60d30df48f75)
Comment (0)