Silver price today, October 13, 2025: Soaring above 2 million VND/ounce.

Phu Quy brand silver prices

At Phu Quy company, Phu Quy 999 silver bars (1 tael) are listed at a buying price of 1,944,000 VND/tael and a selling price of 2,004,000 VND/tael, an increase of 36,000 VND in the buying price and 37,000 VND in the selling price compared to yesterday. This is the first time the selling price of Phu Quy silver bars has exceeded 2 million VND/tael.

Phu Quy 999 silver bars in 10-tael and 5-tael denominations also recorded similar prices, buying at 1,944,000 VND/tael and selling at 2,004,000 VND/tael, an increase of 36,000 VND in the buying price and 37,000 VND in the selling price compared to yesterday, similar to silver ingots.

High-end Phu Quy 999 sterling silver art products are priced at 1,944,000 VND/ounce for buying and 2,287,000 VND/ounce for selling, an increase of 36,000 VND and 42,000 VND respectively compared to the previous session.

999 pure silver bars (1 kg) are being traded at a buying price of 51,839,870 VND/kg and a selling price of 53,439,866 VND/kg, an increase of 959,997 VND and 986,664 VND respectively compared to October 11th. The buy-sell spread is 1,599,996 VND.

Prices of other brands of silver

In the other branded silver segment, 999 silver in quantities exceeding 500 taels (pieces - bars - ingots) is being bought at 1,668,600 VND/tael, an increase of 30,900 VND compared to yesterday.

999 silver in quantities under 500 taels (pieces - bars - ingots) is trading at 1,620,000 VND/tael for buying, an increase of 30,000 VND compared to the previous session.

Silver prices in the Hanoi market

According to data from Vietnam Metals Exchange (VME), in the Hanoi market, 99.9% pure silver (1 tael) is priced at 1,635,000 VND for buying and 1,665,000 VND for selling, an increase of 25,000 VND in both directions compared to yesterday.

99.99% pure silver is listed at 1,642,000 VND for buying and 1,673,000 VND for selling per tael, an increase of 24,000 VND and 25,000 VND respectively.

Silver prices in Ho Chi Minh City market.

In Ho Chi Minh City, the price of 99.9% pure silver (1 tael) is 1,637,000 VND (buying) and 1,670,000 VND (selling), an increase of 25,000 VND and 24,000 VND respectively.

In Ho Chi Minh City, 99.99% pure silver is priced at 1,644,000 VND for buying and 1,678,000 VND for selling per tael, an increase of 25,000 VND and 24,000 VND respectively compared to October 11th.

World silver prices surge, nearing historical highs.

On the morning of October 13th, the global precious metals market witnessed significant volatility as the price of silver surged from the very first hours of trading.

At 9:00 AM Vietnam time, the world price of silver reached $50.88 per ounce, a 1.74% increase compared to the end of last week's trading session. This is a record high, surpassing the peak set in 2011 and marking an unprecedented milestone in the history of silver prices.

Despite warnings about a potential short-term correction, silver prices maintained a strong upward trend, mirroring the rise in gold prices. At the same time, world gold prices surpassed $4,053 per ounce, increasing by $35 in just one trading session.

The rising global silver prices quickly spread to the domestic market. Since last weekend, several major brands, such as Phu Quy, have temporarily suspended accepting new orders for silver bars and ingots, in order to focus all their resources on producing and fulfilling existing contracts.

According to the company, current production capacity only meets a few hundred taels per day, far too small compared to the rapidly increasing demand. At many branches, customers have to queue to buy silver, especially in the morning when demand is highest.

At current trading levels, the world price of silver, converted using the domestic exchange rate, is equivalent to approximately 1.62 million VND per tael.