According to data from Phu Quy Jewelry Corporation, silver prices continued to rise today, with 999 silver (1 tael) listed at VND 2,501,000 per tael (buy) and VND 2,578,000 per tael (sell), setting a new peak. This marks a 127% increase in silver prices since the beginning of the year.
Meanwhile, 1 kg 999 silver bars are priced at VND 66,693,167 per bar (buy) and VND 68,746,495 per bar (sell), updated at 09:34 on December 18.
On the global market, silver reached $66.4 per ounce.
Silver prices surged over 4% to above $66 per ounce on Wednesday (December 18), hitting a new record high as investors increasingly anticipate two rate cuts in early 2026. This rally was supported by comments from Federal Reserve Governor Christopher Waller, a top contender for Fed Chair, who suggested U.S. borrowing costs should drop by a full percentage point. Waller warned that job growth has slowed to nearly zero and called for measured rate cuts next year to support employment.
Earlier in the week, U.S. labor data reinforced signs of a cooling job market. The unemployment rate rose to 4.6%, the highest since 2021, while November’s higher-than-expected job gains failed to fully offset October’s sharp decline.
This year’s silver rally, up nearly 130% year-to-date, has also been fueled by tightening inventories and strong demand from retail and industrial sectors, particularly in rapidly growing areas like solar energy, electric vehicles, and data centers.
Silver Prices Hit All-Time High, Gold Follows Suit
The global precious metals market surged during the morning trading session on December 18th, as silver prices breached the $66 per ounce mark for the first time, setting a historic record. Simultaneously, gold prices climbed approximately 1%, fueled by weakening U.S. labor market signals and escalating geopolitical tensions.
Silver Prices Stabilize Above 64 Million VND per Kilogram
Today’s Silver Prices: Domestic and Global Markets Steady in Early Week Trading
Silver prices both domestically and internationally remain stable as the week begins, reflecting a calm start to trading sessions.
Silver Prices Stage a Collective Recovery
Silver prices today have rebounded both domestically and globally, marking a notable upswing in the market.
USD Price Continues to Hit New Lows
During the week of December 8–12, 2025, the US dollar extended its decline in the international market following the Federal Reserve’s decision to cut interest rates by an additional 25 basis points.
Silver Prices Extend Record-Breaking Rally
Today’s silver prices continue to surge both domestically and globally, marking a significant upward trend in the market.
