Buying pressure was widespread across multiple commodity groups, with precious metals and industrial raw materials being particularly prominent, and silver and coffee being the focal points.
Silver prices rose nearly 14%, with the metals market leading the overall rally. Source: MXV
In the metals market, silver continued to lead the overall rally. At the close of trading, the COMEX March silver contract rose nearly 14% to $115.50 per ounce, marking its third consecutive day of gains and bringing its year-to-date increase to approximately 63%. This is an all-time high, clearly reflecting the strong shift of safe-haven assets away from risky ones.
According to the Vietnam Commodity Exchange (MXV), the main driving force comes from escalating global trade tensions.
Meanwhile, news related to the US Federal Reserve also shook confidence in monetary policy, pushing the Dollar Index down to 97.05 points and supporting a surge in silver prices.
Furthermore, with gold prices surpassing $5,000 per ounce, speculative capital tends to seek silver as an alternative safe haven. Silver's vượt the psychological $100 per ounce mark triggered a series of technical buy orders, amplifying the upward momentum.
Domestically, the price of 999 pure silver increased by 5.7% to the range of 3.506 – 3.541 million VND/ounce, while investment silver bars traded around 4.11 – 4.25 million VND/ounce.
Supply pressure is supporting a rise in coffee prices. Source: MXV
On the industrial raw materials side, coffee prices also improved as concerns about global supply continued to weigh on market sentiment.
Arabica futures for March delivery rose more than 1.5% to $7,853 per ton, while Robusta futures for the same period increased by over 1.3% to $4,197 per ton.
According to MXV, Brazilian coffee exports in December fell sharply by 18.4% year-on-year, while Vietnam also recorded a nearly 29% decrease in export volume during the first 20 days of January 2026.
The price increase is also driven by European coffee inventories being at their lowest level in 10 years and unfavorable weather in Minas Gerais further reinforcing expectations of tight supply.
On the domestic market, the purchase price at export warehouses is currently commonly in the range of 100,000 - 100,100 VND/kg, but liquidity remains low as a cautious sentiment prevails among both export businesses and producers.
Source: https://hanoimoi.vn/dong-tien-do-manh-gia-bac-bung-no-731408.html
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