Global Silver Price Surges to Two-Month High Amid Weakening USD

The domestic silver price in Vietnam has decreased, while the global price has increased. According to Laodong.vn, as of August 22, the price of 999 silver at DOJI Jewelry Group Joint Stock Company was listed between 2,340 - 2,450 million VND/tael (buying - selling).

Meanwhile, Phu Quy Jewelry Group's price for 999 silver bars (1 tael) was listed at the threshold of 2.329 - 2.413 million VND/tael (buying - selling), down 21,000 VND/tael on the buying side and down 22,000 VND/tael on the selling side compared to yesterday morning.

The price of 999 silver ingots (1kg) at Phu Quy Jewelry Group was listed at 62.106 - 64.346 million VND/kg (buying - selling), down 560,000 VND/kg on the buying side and down 587,000 VND/kg on the selling side compared to yesterday morning.

On the other hand, the global silver price rose by $0.10 USD/ounce to 68.97 USD/ounce as of August 22 (Vietnam time).