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Silver price today, May 28, 2026: Continuing its downward trend.

Today's silver price (May 28, 2026): The silver market continues to decline due to the impact of Middle East tensions and cautious investor sentiment.

Báo Công thươngBáo Công thương27/05/2026

Today's silver price at Phu Quy Gold, Silver and Gemstone Group is listed at 2,813,000 VND/ounce (buying price) and 2,900,000 VND/ounce (selling price) in Hanoi. Additionally, according to surveys at other trading locations in Hanoi, the domestic silver price is currently listed at 2,402,000 VND/ounce (buying price) and 2,432,000 VND/ounce (selling price). In Ho Chi Minh City, the silver price is currently at 2,404,000 VND/ounce (buying price) and 2,438,000 VND/ounce (selling price). The world silver price is currently at 1,966,000 VND/ounce (buying price) and 1,971,000 VND/ounce (selling price).

Specifically, here is the latest information on domestic silver prices in the two largest markets, Hanoi and Ho Chi Minh City, on May 28, 2026:

Silver type Unit Hanoi City (VND) Ho Chi Minh City (VND)
Buy Sell Buy Sell
99.9% Silver 1 tael 2,402,000 2,432,000 2,404,000 2,438,000
1 kg 64,057,000 64,855,000 64,109,000 65,006,000
99.99% Silver 1 tael 2,410,000 2,440,000 2,411,000 2,442,000
1 kg 64,263,000 65,067,000 64,305,000 65,118,000

Updated silver price list at Phu Quy Gold, Silver and Gemstone Group on May 28, 2026:

Silver type Unit VND
Buy Sell
Phu Quy 999 Silver Bars and Ingots 1 tael 2,813,000 2,900,000
999 Gold Ingots 1 kg 75,013,146 77,333,140

Latest update on world silver prices as of May 28, 2026:

Unit VND
Buy Sell
1 ounce 1,966,000 1,971,000
1 tael 237,036 237,671
1 tael 2,370,000 2,377,000
1 kg 63,209,000 63,379,000

On the world market, the price of silver is quoted at $76.87 per ounce, an increase of $0.20.

Silver prices continued to fluctuate sharply during the trading session as geopolitical tensions in the Middle East fueled cautious market sentiment, making it difficult for investors to identify a clear trend.

Christopher Lewis, a precious metals expert at FX Empire, commented that the silver market is currently facing a high level of risk, so investors need to control their trading size to limit losses amidst constantly fluctuating and unpredictable prices.

According to this expert's analysis, silver prices are mainly fluctuating within the 70-90 USD/ounce range and there are no strong enough signals to form a clear upward or downward trend in the short term. Current dips are seen as short-term buying opportunities rather than signs of a sustained upward price cycle.

Christopher Lewis also believes that the $70/ounce level is acting as a crucial support, helping the market maintain stability during periods of strong volatility.

Meanwhile, the $80/ounce mark continues to be a significant resistance level. If this price level is breached, silver could gradually advance towards $90/ounce, although the upward momentum is expected to be relatively slow and will require more time to establish a clearer trend.

Source: https://congthuong.vn/gia-bac-hom-nay-28-5-2026-noi-da-giam-458516.html


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