Domestic silver price
As of 10:35 a.m. on November 30, the price of 2024 Ancarat 999 silver bars (1 tael) at Ancarat Metallurgy Company was listed at 2.114 - 2.164 million VND/tael (buy - sell).
The price of 999 999 Ancarat silver bars (1kg) at Ancarat Metallurgy Company is listed at 55.516 - 57.206 million VND/kg (buy - sell).
In the trading session last week (morning of November 23, 2025), the price of Ancarat 999 (1kg) at Ancarat Petrochemical Company was listed at 50.370 - 51.790 million VND/kg (buy - sell).
Thus, if buying 999 999 Ancarat 999 (1kg) of Ancarat silver bars at Ancarat Golden Rooster Company on November 23 and selling them this morning (November 30), buyers will make a profit of VND 3.726 million/kg.
At the same time, the price of 999 coins (1 tael) at Phu Quy Jewelry Group was listed at VND 2.118 - 2.184 million/tael (buy - sell).
The price of 999 taels (1kg) at Phu Quy Jewelry Group was listed at 56.479 - 58.239 million VND/kg (buy - sell).
In the trading session last week (morning of November 23, 2025), the price of 999 taels (1kg) at Phu Quy Jewelry Group was listed at 51,146 - 52.719 million VND/kg (buy - sell).
Thus, if buying 999 taels of silver (1kg) at Phu Quy Jewelry Group on November 23 and selling it this morning (November 30), buyers will make a profit of VND 3.76 million/kg.
World silver price
On the world market, as of 10:35 a.m. on November 30 (Vietnam time), the world silver price was listed at 56.41 USD/ounce; unchanged from yesterday morning.
Causes and predictions
According to precious metals analyst James Hyerczyk at FX Empire, the upward trend of silver has been formed in advance, but a series of weaker economic data than expected from the US has caused the USD to weaken, yields to decrease and investors to quickly return to buying silver.
" Production reports show a sharp decline, while the labor market continues to cool down, increasing concerns about recession. The probability of the US Federal Reserve (Fed) cutting interest rates in December increased to 89%, from 50% last week - a strong shift in a very short time" - James Hyerczyk said
The expert said that in the context of Fed officials such as New York Fed Chairman John Williams and Governor Christopher Waller recently having a dovish tone, investors are more likely to bet on the possibility of monetary policy easing soon. This makes silver an attractive investment choice.
"In addition, demand from industries - especially solar energy and electric vehicles - continues to increase, while supply is increasingly narrowing. In that context, the increase in silver is unlikely to cool down because buyers cannot really delay demand" - James Hyerczyk expressed his opinion.
See more news related to silver prices HERE...
