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Silver up to 32.86 USD/ounce

Báo Công thươngBáo Công thương18/02/2025

Silver price today (February 18, 2025), domestic and world silver prices both tend to increase after the previous stable session.


Silver price today at Phu Quy Jewelry Group, silver price decreased slightly, listed at 1,214,000 VND/tael (buy) and 1,252,000 VND/tael (sell) in Hanoi . In addition, according to a survey at other trading locations in Hanoi, domestic silver price increased after a stable session at the end of the week, currently listed at 1,003,000 VND/tael (buy) and 1,037,000 VND/tael (sell). In Ho Chi Minh City, silver price also increased, currently at 1,005,000 VND/tael (buy) and 1,043,000 VND/tael (sell). World silver price increased slightly, currently at 826,000 VND/ounce (buy) and 831,000 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 18, 2025:

Silver type

Unit

Hanoi

Ho Chi Minh City

Buy

Sell ​​out

Buy

Sell ​​out

99.9 silver

1 amount

1,003,000

1,037,000

1,005,000

1,043,000

1 kg 26,757,000 27,655,000 26,809,000 27,806,000
Silver 99.99 1 amount 1,011,000 1,045,000 1,013,000 1,047,000
1 kg 26,963,000 27,867,000 27,005,000

27,918,000

Update the latest silver price list at Phu Quy Gold and Gemstone Group on February 18, 2025:

Silver type

Unit

VND

Buy

Sell ​​out

Silver bars, Phu Quy 999 silver bars

1 amount

1,214,000

1,252,000

Phu Quy 999 Silver Bar 1 kg 32,373,252 33,386,583

Latest update on world silver price on February 18, 2025:

Unit

World silver price today (VND)

Buy

Sell ​​out

1 Ounce

826,000

831,000

1 finger 99,546 100,160
1 amount 995,000 1,002,000
1 kg 26,546,000

26,709,000

In the precious metals market, at the end of the first trading session of the week, silver price continued to rise to 32.86 USD/ounce, equivalent to an increase of 1.27%.

Over the past week, a series of economic data and many changes in US tariff policies have attracted money into the precious metals market.

Notably, on February 12, the US Bureau of Labor Statistics also released its Consumer Price Index (CPI) report for January. This report revealed that US inflation increased by 0.5%, surpassing the 0.4% increase in December and the market forecast of 0.3%. Concerns continued to increase after US President Donald Trump announced that he would impose reciprocal tariffs on countries that tax imports from the US. In addition, the US also released the PPI index for January, showing that producer prices increased by 0.4% this month.

Hot economic data from the US has caused fluctuations in expectations for the US Federal Reserve's interest rate policy. This reflects the strong demand for safe havens, especially from central banks around the world, amid concerns that new US trade tariffs could slow global economic growth. These factors have kept precious metal prices firmly in the high price range over the past week.



Source: https://congthuong.vn/gia-bac-hom-nay-1822025-bac-len-muc-3286-usdounce-374263.html

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