Domestic silver prices
As of 8:40 a.m. on April 12, the price of 2025 Ancarat 999 silver bars (1kg) at Ancarat Precious Metals Company was listed at 75,034 - 77,314 million VND/kg (buy - sell).
In the previous week's trading session (morning of April 5, 2026), the price of silver ingots 2025 Ancarat 999 (1kg) at Ancarat Gem Company was listed at 72.190 - 74.380 million VND/kg (buying - selling).
Thus, if you buy 2025 Ancarat 999 silver ingots (1kg) at Ancarat Gem Company on the 5th session of April 2026 and sell them on this morning's session (April 12), the buyer will make a profit of 654,000 VND/kg.
The price of Kim Phuc Loc 999 silver bars (1 tael) of Saigon Thuong Tin Commercial Joint Stock Company Limited (Sacombank-SBJ) is listed at 2.841 - 2.925 million VND/tael (buying - selling).
At the same time, the price of 999 silver bars (1 tael) at Phu Quy Jewelry Group was listed at 2,851 - 2.939 million VND/tael (buying - selling).
The price of 999 silver ingots (1kg) at Phu Quy Jewelry Group is listed at 76.026 - 78.373 million VND/kg (buying - selling); an increase of 800,000 VND/kg on the buying side and an increase of 827,000 VND/kg on the selling side compared to yesterday morning.
In the trading session last week (morning of April 5, 2026), the price of 999 silver ingots (1kg) at Phu Quy Jewelry Group was listed at 73.119 - 75.386 million VND/kg (buying - selling).
Thus, if you buy 999 silver ingots (1kg) at Phu Quy Jewelry Group on April 5, 2026 and sell them on this morning's session (April 12), buyers will make a profit of 640,000 VND/kg.
World silver price
On the world market, as of 8:40 AM on April 12 (Vietnam time), the world silver price was listed at 75.7 USD/ounce.
Causes and forecasts
The precious metals market is attracting the attention of investors as inflationary signals in the US show a trend of "cooling down" more than forecast, opening up the possibility that the US Federal Reserve (Fed) may cut interest rates at the end of the year to support the economy that is stagnating.
According to data released on Friday by the US Bureau of Labor Statistics, the Consumer Price Index (CPI) in March increased by 0.9%, higher than the 0.3% of the previous month. However, this increase is still 1% lower than the consensual forecast from economists.
This development is considered a supporting factor for the gold and silver market.
Previously, Mr. Tom Bruce - Macro Investment Strategist at Tanglewood Total Wealth Management - said that although overall inflation may increase sharply, the Fed still has room to reduce interest rates if core inflation is controlled - a factor considered positive for precious metals.
However, the risk of inflation has not disappeared. Analysts warn that price pressure may increase due to the impact of geopolitical tensions, especially the conflict related to Iran, causing supply chain disruptions and energy prices to escalate.
Mr. Naeem Aslam - Investment Director at Zaye Capital Markets - said that the impact of high energy prices on the entire economy is only a matter of time. According to him, the Fed is facing a difficult scenario when growth slows down while inflationary pressure is still latent.
He believes that the current environment continues to strengthen the role of gold and silver as a safe haven, especially in the context of geopolitical instability and reduced purchasing power.
In general, in the context of many variables still existing, gold and silver are still being assessed as beneficial assets when the market faces instability and prolonged inflation risks.
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