Silver price today April 22, 2025: Bouncing back
Silver price today April 22, 2025: World silver prices rebounded as investors sought safe-haven assets amid rising macro tensions. Meanwhile, the domestic market maintained stable prices.
In Hanoi, Phu Quy Jewelry Group listed silver prices at VND1,247,000/tael for buying and VND1,286,000/tael for selling, unchanged from the previous session. Some other transaction points in the city also kept the buying price at VND1,033,000/tael and the selling price at VND1,063,000/tael.
In Ho Chi Minh City, a similar trend was recorded, when silver prices stabilized at VND1,035,000/tael for buying and VND1,068,000/tael for selling.
| Silver type | Unit | Hanoi | Ho Chi Minh City | ||
| Buy | Sell | Buy | Sell | ||
| Silver 99.9 | 1 amount | 1,041,000 | 1,071,000 | 1,043,000 | 1,077,000 |
| 1 kg | 27,764,000 | 28,562,000 | 27,816,000 | 28,713,000 | |
| Silver 99.99 | 1 amount | 1,049,000 | 1,079,000 | 1,050,000 | 1,081,000 |
| 1 kg | 27,970,000 | 28,774,000 | 28,012,000 | 28,825,000 | |
On the world market, at 5:50 a.m., the spot silver price reached 32.746 USD/ounce, up 0.246 USD compared to the same time the previous day. Converted according to the exchange rate, the world silver price is currently equivalent to about 847,000 VND/ounce for buying and 852,000 VND/ounce for selling, up slightly by 4,000 VND.
James Hyerczyk of FX Empire said that silver currently holds a special place in the global market because it is not included in the list of goods subject to tariffs. Its role as both a financial asset and an industrial raw material has helped it maintain its appeal amid disruptions to the global trade chain.
