Silver price fluctuations 8.3: Unstable, waiting for new signals

    |

    Silver price fluctuations 8.3: Silver prices have not changed much compared to the previous trading session. The market is waiting for new signals about monetary policy in the future.

    Domestic silver price

    As of 8:50 a.m. on March 8, the price of 999 silver bars at Phu Quy Jewelry Group was listed at 1.216 - 1.254 million VND/tael (buy - sell), unchanged in both buying and selling directions compared to the closing price of yesterday's trading session.

    Dien bien gia bac trong nuoc nhung phien gan day. Bieu do: Phuong Anh
    Domestic silver price developments in recent sessions. Chart: Phuong Anh

    At the same time, the price of 999 taels of silver at Phu Quy Jewelry Group was listed at 1.216 - 1.254 million VND/tael (buy - sell), unchanged in both buying and selling directions compared to the closing price of yesterday's trading session.

    World silver price

    On the world market, as of 8:52 a.m. on March 8 (Vietnam time), the world silver price listed on Goldprice.org was at 32.47 USD/ounce.

    Dien bien gia bac the gioi nhung phien gan day. Nguon: Goldprice.org
    World silver price developments in recent sessions. Source: Goldprice.org

    Causes and predictions

    According to Kitco, silver prices fluctuated slightly in the trading session on Friday morning in the US, after an important US economic report was released with lower results than expected. The May silver contract fell $0.293 to $23.045 an ounce.

    The February employment report released by the US Department of Labor shows that non-farm payrolls increased by 151,000, lower than the forecast of 170,000 according to a survey by Dow Jones Newswires. Compared to the adjusted figure for January of 125,000, the increase is still higher but not up to expectations. The unemployment rate was 4.1%, higher than the forecast of 4.0% and equivalent to the previous month.

    The silver market reacted slightly to this data, but the USD index continued to weaken, and US bond yields also decreased.

    Meanwhile, Asian and European stocks mostly fell overnight. However, US stocks are expected to increase slightly when opening a trading session in New York after falling to a multi-month low on Thursday.

    "Federation of Federal Reserve Chairman Jerome Powell will speak this afternoon at a currency conference in New York. This could affect market expectations for monetary policy in the coming time," said Kitco senior analyst Jim Wyckoff.

    According to the expert, if silver prices continue to increase, the next target is to surpass the 34.56 USD/ounce mark. However, if prices fall, the key support zone will be around 31,00 USD/ounce, which could create a lenient force to help prices recover.

    Important milestones to watch:

    Resistance zone: Prices may face resistance at 33.38 USD and 34.00 USD, if they overcome it, it will open up opportunities for further increase.

    Support zone: If it drops, silver could find a foothold around 32.395 USD and 32.00 USD.

    See more news related to silver prices HERE...

    RELATED NEWS
    On Mailisa's website, the "Product" section was removed, but the search for the N3 product set still shows each product, clicking on it still displays the product of Mailisa beauty salon. Screenshot

    Mailisa Beauty salon's move after the decision to revoke 162 products

    |

    The Ministry of Health decided to revoke 162 Mailisa cosmetic products. Immediately after that, Mailisa cosmetic Institute took action related to the products.

    The army cleans up mud after floods at schools in Khanh Hoa. Photo: Huu Long

    Khanh Hoa supports 300,000 VND for each student in flooded areas to buy uniforms

    |

    Khanh Hoa - The Standing Committee of the Provincial Party Committee agreed on the policy of supporting 300,000 VND/student affected by floods to buy uniforms.

    Updated location and path of storm No. 15 at 10:00 on November 26. Source: Vietnam Disaster Monitoring System

    Assessing the worst scenario of storm No. 15 Koto, forecasting affected provinces

    |

    The most likely scenario at present is that storm No. 15 will change direction to the north when it reaches the northwest sea of Truong Sa province, weakening into a low pressure area.

    Fire-red field kitchen cars in the flooded area, cooking more than 1,500 meals to support people

    |

    Dak Lak - The self-propelled kitchen truck of Brigade 655 caught fire in the wind and rain, cooking more than 1,500 meals for people in the flooded areas.

    "Say a life for you" (left) and the MV "Bac Bling" by Hoa Minzy have received many listeners and views.

    "Say a lifetime for you" and the most listened songs in 2025

    |

    In addition to the series of songs by Hoa Minzy, Phuong My Chi... that were listened to a lot in 2025, the AI-song version of "Say a lifetime for you" also created a "fever" this year.

    People denounce a series of passenger cars entering the emergency lane of Ring Road 3, traffic police take action

    |

    Hanoi - People reported many passenger cars entering the emergency lane on Ring Road 3, traffic police stepped in to verify and handle it promptly.

    Đồ họa: Phương Anh

    Silver price fluctuations 7.3: Experts predict positively

    Phương Anh |

    Silver price fluctuations 7.3: Silver prices in both domestic and international markets reversed and decreased. Experts predict that silver investors may still have the advantage in the short term.

    Đồ họa: Phương Anh

    Silver price fluctuations 6.3: Domestic silver continues to break out

    Phương Anh |

    Silver price fluctuations 6.3: Silver prices in both domestic and international markets continue to increase.

    Ngày 5.3, giá bạc trên cả thị trường trong nước và thế giới đều tăng. Đồ họa: Phương Anh

    Silver price fluctuations 5.3: Rising, many supporting factors

    Phương Anh |

    Silver price fluctuations 5.3: Silver prices in both domestic and international markets have increased, many factors continue to support price increases.