Silver prices today, June 1, 2026, are awaiting a strong breakout.

Today, June 1st, 2026, silver prices continued to remain stable, closing the week around 78-79 million VND/kg. According to experts, if US economic data is weaker than expected, reinforcing expectations of Fed easing monetary policy, silver prices could rise to the 85-86 USD/ounce range.

Domestic silver prices today, June 1, 2026

As the past week drew to a close, domestic silver prices experienced some volatile sessions but generally saw a slight decrease compared to the previous week.

Accordingly, before the weekend, the price of silver bars from Saigon Thuong Tin Bank's Gold, Silver and Gemstone Company Limited ( Sacombank - SBJ) closed at 2.874-2.964 million VND/ounce (buy - sell). Meanwhile, the buying and selling prices of 1kg silver ingots from this brand were listed at 76.64-79.04 million VND/kg.

At Phu Quy Gold, Silver and Gemstone Group, the price of silver bars closed the trading week at 2.851-2.939 million VND/ounce and the price of silver ingots at 76.03-78.37 million VND/kg (buy - sell). Compared to the closing price of the previous trading week, Phu Quy's silver price decreased by about 0.3%.

The prices of silver bars and ingots at Ancarat Precious Metals Joint Stock Company closed the week at VND 2.844-2.932 million/ounce and VND 75.84-78.19 million/kg respectively (buy - sell).

Silver prices remained stable for a week. Photo: Phu Quy

World silver prices on June 1, 2026

On the global market, spot silver also closed the trading week at $75.28 per ounce, a slight decrease of 0.31% compared to the end of the previous week.

Silver futures for July delivery also fell slightly by 0.03% compared to last week, retreating to $76.17 per ounce.

According to FXEmpire analysts, silver prices are currently in a sideways trend as the gold/silver ratio surpasses the important psychological threshold of 60. If this ratio continues to remain above 60 and moves towards the 50-day moving average (MA50) at 61.11, silver prices could face downward pressure in the near future.

Currently, silver prices are still struggling to hold above the 50-day moving average at $75.28. If a successful breakout occurs, silver could continue to rise towards the $78-$79 resistance zone.

If silver successfully breaks above the $78-79/ounce range, it could head towards $85-86/ounce. Conversely, if it loses the $75 mark, silver could face downward pressure and retreat to the $71-72 support zone.

This week, the silver market will be focused on a series of key US economic data releases, particularly the Non-Farm Payrolls report on Friday. Figures on manufacturing, hiring, employment, and unemployment will significantly impact expectations for interest rates from the Federal Reserve (Fed), thereby affecting the performance of precious metals.

According to analysts, silver, like gold, is heavily influenced by interest rate prospects, the movement of the US dollar, and global investor sentiment. With weakening oil prices easing inflation concerns, the market expects the Fed to become less hawkish in its monetary policy, thereby supporting the price of precious metals.

Furthermore, investment flows are currently shifting towards artificial intelligence (AI), putting some pressure on silver and gold. However, if US economic data is weaker than expected and reinforces expectations of Fed monetary easing, silver prices could be supported to rise in the near future.

Silver prices today, May 30, 2026, fluctuate, exceeding 78 million VND/kg . Domestic silver prices today, May 30, 2026, are in a state of equilibrium. Experts warn investors to be cautious about the rapid increases in the price of this precious metal.

Source: https://vietnamnet.vn/gia-bac-hom-nay-1-6-2026-cho-cu-but-pha-manh-2521323.html