Domestic silver prices
As of 9:10 am on March 29, the price of 2024 Ancarat 999 silver bars (1 tael) at Ancarat Jewelry Company is listed at 2,621 - 2.685 million VND/tael (buying - selling).
The price of silver ingots 2025 Ancarat 999 (1kg) at Ancarat Gem Company is listed at 69,000 - 71,100 million VND/kg (buying - selling).
In the trading session 2 months ago (morning of January 29, 2026), the price of silver ingots 2025 Ancarat 999 (1kg) at Ancarat Gem Company was listed at the threshold of 116.414 - 119.954 million VND/kg (buying - selling).
Thus, if you buy 2025 Ancarat 999 silver ingots (1kg) at Ancarat Gem Company on January 29, 2026 and sell them on this morning's session (March 29, 2026), the buyer will lose 50.954 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 2.664 - 2.760 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 2.621 - 2.702 million VND/tael (buying - selling).
The price of 999 silver ingots (1kg) at Phu Quy Jewelry Group is listed at 69.893 - 72.053 million VND/kg (buying - selling).
In the trading session 2 months ago (January 29, 2026), the price of 999 silver bars (1kg) at Phu Quy Jewelry Group was listed at the threshold of 117.066 - 120.693 million VND/kg (buying - selling).
Thus, if you buy 999 silver ingots (1kg) at Phu Quy Jewelry Group on January 29, 2026 and sell them on this morning's session (March 29, 2026), buyers will lose 50.8 million VND/kg.
World silver price
On the world market, as of 9:10 am on March 29 (Vietnam time), the world silver price was listed at 70.4 USD/ounce.
Causes and forecasts
This week, world silver prices witnessed a sharp drop, at one point plunging about 5% to 67 USD/ounce, in the context that the precious metal market is under pressure from many macroeconomic factors such as the rising USD and expectations of high interest rates.
According to a market analysis group at The Economic Times, the main reason for the sharp drop in silver is the strengthening of the USD, making precious metals more expensive for investors holding other currencies, thereby reducing demand. At the same time, concerns about rising inflation forced central banks, especially the US Federal Reserve (Fed), to maintain tight monetary policy longer than expected. High interest rates reduce the attractiveness of non-performing assets such as gold and silver.
In addition, geopolitical factors also strongly impact market sentiment. When conflict risks in the Middle East show signs of cooling down or being re-evaluated, the demand for safe-haven assets such as gold and silver decreases. Investors are shifting to profitable assets or holding cash, putting pressure on selling precious metals" - experts at The Economic Times said.
Another factor is profit-taking activity after the previous hot period of increase. In 2025, silver increased by more than 140% and gold also recorded a very strong increase, exceeding the 5,000 USD/ounce mark before adjustment. When the price reached a peak, technical selling pressure and reduced speculative positions increased, making the market prone to strong corrections.
In the current context, investors need to be cautious and avoid chasing short-term fluctuations. Monitoring macroeconomic factors such as inflation, interest rate policy, USD developments and geopolitical situation will be key to making appropriate investment decisions" - experts at The Economic Times recommend.
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