Silver prices rebound in Vietnam on July 23, 2026
On July 23, 2026, silver prices in Vietnam’s major markets saw a rebound. At Tập đoàn Vàng bạc Đá quý Phú Quý in Hanoi, silver bullion 999 prices stood above 2,200,000 VND per tael (1 lượng). Other Hanoi and Ho Chi Minh City dealers listed silver between approximately 1,957,000 and 2,004,000 VND per tael. Globally, silver rose to $59.15 per ounce (about 1,575,000-1,581,000 VND/ounce), aided by improving U.S. economic data and easing inflation pressures. Nonetheless, the market faces headwinds from high U.S. Treasury yields and a strong U.S. dollar, keeping investor caution intact.
Key facts
- Phu Quy Group's 999 silver bullion price exceeds 2,200,000 VND per tael
- Other major dealers in Hanoi and Ho Chi Minh City quote silver around 1,957,000 to 2,004,000 VND per tael
- Global silver price rises to $59.15 per ounce amid positive US economic data
Why it matters
The rebound in silver prices in Vietnam reflects broader global economic influences, including improved US data and easing inflation. For international investors and overseas Vietnamese, these market shifts indicate cautious optimism but also underline risks from high US Treasury yields and a strong dollar, impacting investment and trading decisions in precious metals.
Source and method
This brief was written by Daily Vietnam's editing desk from a report published by Báo Công thương, using AI assistance and a fixed editorial structure. It contains only facts established by that report and adds nothing from outside it. It is a summary for readers who do not read Vietnamese, not a replacement for the original. All reporting credit belongs to Báo Công thương.
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