World silver prices fell about 5.4% over the past week and are down roughly 54% from their late-January 2026 peak, while Phú Quý silver prices in Vietnam are down nearly 60% from that peak. World silver traded around 53.8 USD/ounce on the morning of 24/10, while gold hovered near 3,995 USD/ounce after slipping below 4,000 USD/ounce. The sell-off was driven by investor concerns that escalating US-Iran tensions would push crude oil to multi-year highs, and by expectations that the Fed will keep monetary policy tight ahead of its FOMC meeting on 27-28/10 and the PCE inflation report on 29/10. BlackRock's iShares Silver Trust (SLV) bought a net over 14 tonnes of silver on 23/10 and now holds 15.5 thousand tonnes, worth 26.85 billion USD. According to Kitco News, silver also faces pressure from higher energy costs weighing on production demand.
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Original headline: Giá bạc giảm gần 60% từ đỉnh
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Related tickers and likely impact
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/23/2026 | 4,003.77 |
| Change that session | -0.80% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/23/2026 | 3,994.18 |
| Change that session | -0.89% |
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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