At Phu Quy Gold and Gemstone Group, silver price was recorded at 1,209,000 VND/tael for buying and 1,246,000 VND/tael for selling. Surveys at other transaction points in Hanoi also showed that silver price increased, fluctuating around 994,000 - 1,024,000 VND/tael. Meanwhile, in Ho Chi Minh City, silver price was bought at 996,000 VND/tael and sold at 1,029,000 VND/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 out | Buy | Sell out | ||
| 99.9 silver | 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 out | ||
| 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 price on April 12, 2025:
| Unit | World silver price today (VND) | |
| Buy | Sell out | |
| 1 Ounce | 810,000 | 815,000 |
| 1 finger | 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 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 weakening. If this trend continues, silver prices may have reached 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 is found at $30.50 and $30.00 per ounce. Macroeconomic factors and global financial market reactions will continue to be the driving factors for silver prices in the coming sessions.
Source: https://baoquangnam.vn/gia-bac-hom-nay-12-4-2025-duy-tri-da-tang-manh-3152604.html
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