Domestic silver prices increased significantly after a year, silver bars 999 buyers can make a profit of up to 20 - 21 million VND/kg. However, the buying - selling difference and price fluctuations are still noteworthy factors.
Silver bars increase sharply after a year
On August 24, 2026, the price of 999 silver bars at Ancarat Jewelry Company was listed at the threshold of 2.316 - 2.385 million VND/tael (buying - selling).
Compared to the same period a year ago, the price of 999 silver bars at Ancarat increased by 828,000 VND/tael on the buying side and 862,000 VND/tael on the selling side.
Meanwhile, the price of 999 silver bars at Phu Quy Jewelry Group is listed at the threshold of 2.327 - 2.399 million VND/tael (buying - selling).
Compared to the same time a year ago, in Phu Quy, the price of 999 silver bars increased by 830,000 VND/tael on the buying side and 856,000 VND/tael on the selling side.
Silver bar prices soar, buyers make big profits
Besides 999 silver bars, the price of 999 silver bars has also fluctuated a lot in the past year.
In Phu Quy, on the morning of August 24, 2026, the price of 999 silver ingots (1kg) at Phu Quy Jewelry Group was listed at 62.053 - 63.973 million VND/kg (buying - selling).
Compared to the same period last year, the price of 999 silver bars at Phu Quy increased by 22.134 million VND/kg on the buying side and 22.827 million VND/kg on the selling side. If you buy 1 kg of silver at the selling price last year and sell at the purchase price on the morning of August 24, 2026, buyers can make a profit of about 20.907 million VND/kg.
On the morning of August 24, 2026, the price of 2025 Ancarat 999 silver ingots (1kg) at Ancarat Gem Company was listed at the threshold of 61.184 - 63.074 million VND/kg (buying - selling).
Meanwhile, at the same time a year ago, the price of 2025 Ancarat 999 silver bars (1 kg) at Ancarat was listed at 39,044 - 40,034 million VND/kg (buy - sell).
Thus, if you buy 1 kg of 2025 Ancarat 999 silver ingots at the selling price a year ago and resell them at the purchase price on the morning of August 24, 2026, buyers can make a profit of about 21.15 million VND/kg.
World silver prices increase by nearly 80% after a year
On the world market, as of 9:20 am on August 24 (Vietnam time), the world silver price was listed at 69.04 USD/ounce; an increase of 30.22 USD/ounce, equivalent to about 77.9% after a year.
The increase in the world silver market has clearly impacted domestic silver prices in the past year.
However, silver prices have recently fluctuated continuously, while domestic prices have changed significantly compared to the same period last year. Developments in the international market may also affect domestic silver prices.
For people trading in silver, the difference between buying and selling prices is a noteworthy factor. Currently, the difference in silver bar prices is commonly about 1.5 - 2 million VND/kg depending on the brand and time.
This difference means that the buying price and the selling price have a certain gap, so the silver price needs to have corresponding changes to narrow the difference when people make transactions.
The information in the article only reflects market developments, not investment recommendations. Investors need to carefully consider risk factors before making a decision.
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