Silver price today May 26: Stable after strong increase

World silver prices remained unchanged in both buying and selling directions, currently at VND869,000/ounce (buy) and VND875,000/ounce (sell).

On the world market, the silver price listed on Goldprice.org is at 33.44 USD/ounce.

According to FXStreet, the falling US dollar has supported silver's continuous rise over the past week. The US dollar index (DXY), which measures the greenback's strength against six major currencies, fell to its lowest level in more than 3 weeks, around 99.10.

“Technically, the weaker US dollar makes silver more attractive to investors,” said experts at FXStreet.

Silver price today at Phu Quy Gold and Gemstone Group, Phu Quy silver price remains unchanged, listed at 1,277,000 VND/tael (buy) and 1,316,000 VND/tael (sell) in Hanoi .

In addition, according to a survey at other trading locations in Hanoi, domestic silver prices are stable in both buying and selling directions, currently listed at VND 1,065,000/tael (buy) and VND 1,095,000/tael (sell).

In Ho Chi Minh City, silver prices are stable, currently at VND1,067,000/tael (buy) and VND1,101,000/tael (sell).

Source: https://baodaknong.vn/gia-bac-hom-nay-26-5-on-dinh-sau-phien-tang-manh-253637.html