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Silver price today April 30, 2025: Silver reverses to increase

Silver price today (April 30, 2025), domestic and world silver prices reversed and increased after the previous decline.

Báo Công thươngBáo Công thương29/04/2025

Silver price today at Phu Quy Jewelry Group, Phu Quy silver price increased, listed at 1,277,000 VND/tael (buy) and 1,316,000 VND/tael (sell) in Hanoi. In addition, according to a survey at other transaction locations in Hanoi, domestic silver prices reversed to increase in both buying and selling directions, currently listed at 1,059,000 VND/tael (buy) and 1,089,000 VND/tael (sell). In Ho Chi Minh City, silver prices also increased, currently at 1,061,000 VND/tael (buy) and 1,094,000 VND/tael (sell). World silver prices increased simultaneously in both buying and selling directions, currently at 864,000 VND/ounce (buy) and 869,000 VND/ounce (sell).

Specifically, the latest information on silver prices today in the two largest markets of Hanoi and Ho Chi Minh City on April 30, 2025:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell

Buy

Sell

Silver 99.9

1 amount

1,059,000

1,089,000

1,061,000

1,094,000

1 kg 28,231,000 29,029,000 28,283,000 29,180,000
Silver 99.99 1 amount 1,066,000 1,097,000 1,068,000 1,098,000
1 kg 28,437,000 29,241,000 28,479,000

29,292,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on April 30, 2025:

Silver type

Unit

VND

Buy

Sell

Silver bars, Phu Quy 999 silver bars

1 amount

1,277,000

1,316,000

Phu Quy 999 Silver Bar 1 kg 34,053,248 35,093,246

Latest update on world silver prices on April 30, 2025:

Unit

World silver price today (VND)

Buy

Sell

1 Ounce

864,000

869,000

1 only 104,186 104,812
1 amount 1,042,000 1,048,000
1 kg 27,783,000

27,950,000

In the world market, the silver price listed on Goldprice.org is at 33.2 USD/ounce; an increase of 0.51 USD.

Fears of a cooling global economy continue to dampen demand for safe-haven precious metals, but one research firm says this shift in market sentiment could usher in new momentum for silver.

While gold prices have soared this year, hitting a new record of $3,500 an ounce last week, silver has lagged far behind. The gold/silver ratio currently stands at a high of around 100 points.

While silver is still struggling to hold around $33 an ounce, Matt Bauer, commodity strategist at Ned Davis Research, said: " Silver is currently oversold relative to gold and is also slightly oversold on a medium-term basis ."

Silver sentiment fell to its lowest level in more than 10 years earlier this month, according to Ned Davis Research's market sentiment index, the expert said.

Sentiment has started to recover, but it has not yet returned to neutral. If it reaches neutral, silver could continue to rise. While sentiment for silver is low, sentiment for gold is so high that it cannot rise any further. The gap between these two sentiment indicators has only been wider a few times in history ,” he said.

Vy Vy

Source: https://congthuong.vn/gia-bac-hom-nay-3042025-bac-dao-chieu-tang-385492.html


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