Silver price today, October 14, 2025: Surpassing historical peak.

Phu Quy brand silver prices

At Phu Quy company, Phu Quy 999 silver bars (1 tael) are listed at a buying price of 2,026,000 VND/tael and a selling price of 2,089,000 VND/tael, an increase of 82,000 VND in the buying price and 85,000 VND in the selling price compared to yesterday. The buy-sell spread is currently 63,000 VND.

Phu Quy 999 silver bars in 10-tael and 5-tael denominations also recorded similar prices, buying at 2,026,000 VND/tael and selling at 2,089,000 VND/tael, an increase of 82,000 VND in the buying price and 85,000 VND in the selling price compared to yesterday.

High-end Phu Quy 999 sterling silver art products are priced at 2,026,000 VND/ounce for buying and 2,384,000 VND/ounce for selling, an increase of 82,000 VND and 97,000 VND respectively compared to the previous session.

999 pure gold bars (1 kg) are being traded at a buying price of 54,026,532 VND/kg and a selling price of 55,706,527 VND/kg, an increase of 2,186,662 VND and 2,266,661 VND respectively compared to October 13th. The buy-sell spread is 1,679,995 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 1,738,640 VND/tael, an increase of 70,040 VND compared to yesterday.

999 silver in quantities under 500 taels (pieces - bars - ingots) is trading at 1,688,000 VND/tael for buying, an increase of 68,000 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 1,697,000 VND for buying and 1,727,000 VND for selling, an increase of 62,000 VND in both directions compared to yesterday.

99.99% pure silver is listed at 1,705,000 VND/ounce for buying and 1,735,000 VND/ounce for selling, an increase of 63,000 VND/ounce for buying and 62,000 VND/ounce for selling compared to yesterday.

Silver prices in Ho Chi Minh City market.

In Ho Chi Minh City, the price of 99.9% pure silver (1 tael) is 1,699,000 VND (buying) and 1,733,000 VND (selling), an increase of 62,000 VND/tael in the buying price and 63,000 VND/tael in the selling price compared to yesterday.

99.99% pure silver in Ho Chi Minh City is priced at 1,707,000 VND/ounce for buying and 1,741,000 VND/ounce for selling, an increase of 63,000 VND in both directions compared to October 13th.

World silver prices surge, nearing historical highs.

On the morning of October 14th, the spot price of silver on the world market reached $52.63 per ounce, an increase of $2.35 compared to the previous session ($50.28 per ounce). Converted at the current exchange rate, this is equivalent to approximately VND 1,381,000 – VND 1,387,000 per ounce.

According to analyst James Hyerczyk, this is the first time in over ten years that the price of silver has surpassed the $49.81/ounce mark, a level previously considered the long-term limit for the precious metals market. This breakout reflects a strong influx of capital into safe-haven assets as investors seek security amid a volatile global economy.

James Hyerczyk stated that buying pressure in the silver market remains clearly dominant. However, the future direction of silver prices will depend significantly on the monetary policy of the US Federal Reserve (FED).

According to data from CME FedWatch, traders are predicting a 95% probability that the Fed will cut interest rates by 0.25 percentage points at its meeting on October 29th. This prospect makes non-yielding assets like silver and gold more attractive, as the opportunity cost of holding them decreases.

However, the continued US government shutdown, now in its fourth week, has delayed the release of many key economic reports, including the September consumer price index (CPI). As a result, the market lacks clear directional data.

Investors are now focusing their attention on Federal Reserve Chairman Jerome Powell's upcoming speech. If Powell expresses more concern about employment than inflation, the market could expect a more dovish stance from the Fed, a factor that typically drives silver prices higher in the short term.

Many experts believe that if the Fed actually shifts to an easing policy, the price of silver could maintain its upward trend and approach the $55/ounce mark in the near future. However, if US economic signals are more positive than expected, silver could face strong profit-taking pressure.

Nevertheless, at present, silver remains a focal point for speculative capital flows and is one of the preferred assets for global investors to hold to protect value against interest rate fluctuations and inflation.