Domestic silver prices fell to about 1.7 million VND per tael on the morning of 30/10, down more than 20% in a month and 60% from the early-year peak, or under 46 million VND per kg. International spot silver traded near 51.5 USD per ounce, 55% below its year high. Some investors did not collect their purchased bullion even after delivery dates arrived, a sharp contrast with the earlier frenzy. The World Bank's October report cut its 2027 average silver price forecast to 62 USD per ounce from 65 USD and projected 58 USD for 2028, citing weakening demand. Still, demand from electronics, data centers, autos and power infrastructure continues to grow, and geopolitical tensions could lift safe-haven demand above forecasts.
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Original headline: Giá bạc giảm 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 10/29/2026 | 4,014.37 |
| Change that session | -1.02% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.2B |
| Close on 10/29/2026 | 4,007.09 |
| Change that session | -1.03% |
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/29/2026 | 4,021.63 |
| Change that session | -1.13% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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