Silver prices today, January 19th: Continuing to reach new highs.

World silver prices surged on the morning of January 19th, officially surpassing the $94/ounce mark and setting a new record, trading at $94.11/ounce at 9 AM, a 4.24% increase compared to the closing price of the previous weekend.

While gold is rising in tandem with silver, the price is increasing at an even faster rate, continuously setting new records.

In just over two weeks at the beginning of 2026, the price of silver recorded a shocking increase, rising by as much as $23 per ounce, equivalent to an increase of approximately 32%, marking the strongest increase in decades.

In the domestic market, businesses also sharply increased silver prices upon opening. Sacombank Gold and Gemstone Company (SBJ) listed the buying price of silver bars at 3.52 million VND/ounce and the selling price at 3.627 million VND/ounce, an increase of 48,000 VND per ounce compared to the end of last week.

Phu Quy Group announced the buying price of silver at 3.52 million VND/ounce and the selling price at 3.63 million VND/ounce.

The price of 1 kg of silver from various brands has also increased by millions of dong. For example, the selling price at Phu Quy this morning reached 96.79 million dong, and at SBJ it was 96.72 million dong, an increase of 1.3 - 3.6 million dong compared to the end of last week.

In just one day, the price of silver in Vietnam increased by nearly 4%; and by approximately 40% in the past month.

Giá bạc hôm nay 19-1: Không chỉ vàng, bạc cũng tăng nhanh, lập đỉnh mới - Ảnh 1. — The price of silver has risen sharply in a short period of time.

Rising silver prices are boosting investor demand. However, according to a reporter from the Nguoi Lao Dong newspaper, silver brands are still selling in very limited quantities.

At SBJ, for example, each customer can purchase a maximum of 10 taels of silver on the spot; orders for larger quantities will have to wait 1-3 months. The domestic silver market is booming, but customers mainly place orders in advance, pay immediately, and receive the silver later due to supply shortages.

According to analysts, the shortage of supply to meet industrial demand and the strong increase in investment demand in the international market are the factors driving up silver prices in recent months. However, conversely, warnings have also emerged that silver prices may correct in the short term after a series of consecutive sharp increases.

At the same time, concerns about the US potentially imposing tariffs on silver are prompting investors to hoard it. Once these concerns subside, the physical silver market may return to normal, putting pressure on silver prices.

Currently, the world price of silver, converted at the listed exchange rate, is approximately 2.99 million VND per tael.