Domestic silver prices
As of 9:50 am on March 22, the price of 2024 Ancarat 999 silver bars (1 tael) at Ancarat Jewelry Company is listed at 2,550 - 2,613 million VND/tael (buying - selling).
The price of silver ingots 2025 Ancarat 999 (1kg) at Ancarat Gem Company is listed at 67,140 - 69,180 million VND/kg (buying - selling).
In the previous week's trading session (morning of March 15, 2026), the price of silver ingots 2025 Ancarat 999 (1kg) at Ancarat Gem Company was listed at 79.950 - 82.380 million VND/kg (buying - selling).
Thus, if you buy 2025 Ancarat 999 silver ingots (1kg) at Ancarat Gem Company on March 15, 2026 and sell them on this morning's session (March 22, 2026), the buyer will lose 15.24 million 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 the threshold of 2.856 - 2.995 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 the threshold of 2.549 - 2.628 million VND/tael (buying - selling).
The price of 999 silver ingots (1kg) at Phu Quy Jewelry Group is listed at 67.973 - 70.079 million VND/kg (buying - selling).
In the trading session last week (March 15, 2026), the price of 999 silver ingots (1kg) at Phu Quy Jewelry Group was listed at 80.586 - 83.066 million VND/kg (buying - selling).
Thus, if buying 999 silver bars (1kg) at Phu Quy Jewelry Group on March 15, 2026 and selling them on this morning's session (March 22, 2026), buyers will lose 15.093 million VND/kg.
World silver price
On the world market, as of 9:50 AM on March 22 (Vietnam time), the world silver price is listed at 69.63 USD/ounce.
Causes and forecasts
Gold prices have fallen sharply in recent sessions, but silver prices have plummeted even faster. This development is not accidental, but reflects deeper pressures affecting the precious metals market.
This development shows that silver is under greater pressure than gold, not only from the general sell-off trend but also from specific market factors.
Unlike gold, silver is not only a safe haven asset but also an industrial metal. This "double nature" makes silver more vulnerable when the economy fluctuates.
On March 18, the US Federal Reserve (Fed) decided to keep interest rates unchanged at 3.5 - 3.75% and signaled that it could only cut interest rates once in 2026. This information puts pressure on gold and is even more disadvantageous for silver.
In the context of high interest rates, holding non-performing assets such as gold becomes less attractive than bonds. Silver is also similarly affected, but is further affected by industrial demand.
Mr. Paul Surguy - Managing Director at Kingswood Group - said that the market is witnessing widespread sell-offs as investors look for assets that can be liquidated quickly. Even safe-haven assets are being sold to compensate for other investments.
The sharp drop in silver also comes from the fact that this metal has increased sharply in 2025, leading to large speculation. When the market reversed, investors quickly took profits and cut losses, causing prices to fall even more sharply," he said.
In the long term, silver's prospects are still supported by industrial demand. Solar energy, electric vehicles, 5G infrastructure and AI data centers all need a large amount of this metal. The Silver Institute forecasts that 2026 will be the sixth consecutive year the market lacks silver supply.
However, in the short term, the industrial factor itself becomes a weakness. When the economy stagnates, production and energy projects are delayed, leading to a decrease in silver demand.
As the USD continues to strengthen and the Fed maintains a cautious stance, silver prices may fluctuate even more strongly than gold in the near future.
See more news related to silver prices HERE...
