Silver price today, May 11, 2026: Maintaining a slight upward trend.
Today, May 11, 2026, silver prices continue their slight upward trend, with Phu Quy 999 silver bars officially surpassing the 83 million VND/kg mark, reaching 83.626 million VND/kg for sale.
What is the price of silver today, May 11, 2026, at major brands?
Silver priceToday saw a slight increase across most brands. Specifically, Phu Quy 999 silver bars are currently listed at 3.042 million VND/ounce (buying price) and 3.136 million VND/ounce (selling price), an increase of 24,000-25,000 VND/ounce compared to the end of last week.
Ancarat silver bars (2024 model, 1 tael) adjusted upwards to 3.032 million VND/tael (buying price) and 3.107 million VND/tael (selling price), an increase of 29,000-30,000 VND.
DOJI 99.9% pure silver bars are listed at 3.039 million VND/ounce (buy) and 3.133 million VND/ounce (sell), a slight increase of 21,000-22,000 VND. Meanwhile, Sacombank's Kim-Phuc-Loc SBJ 999 silver bars remain at their previous price of 2.988 – 3.078 million VND/ounce.
What's noteworthy in the silver bullion market today?
Silver priceSilver ingots have seen a much sharper increase than silver bars, rising from 560,000 to 800,000 VND per kilogram. Specifically, Phu Quy 999 silver ingots increased by 640,000 VND/kg (buying price) and 667,000 VND/kg (selling price), currently trading at 81.119 – 83.626 million VND/kg – the highest price on the market, far exceeding the 83 million mark.
Ancarat silver ingots (2025) saw the sharpest increase, rising by 780,000-800,000 VND/kg, bringing the price to 79.924 – 82.354 million VND/kg.
DOJI 99.9% pure silver bars increased by 560,000-586,000 VND/kg, listed at 81,040 - 83,546,000 VND/kg.
Sacombank's silver bars remain priced at 79.680 – 82.080 million VND/kg.
Detailed silver price list for today, May 11, 2026.
Below is a summary table.silver priceThe results for the four major brands on May 11, 2026, compared to the previous session (May 8).
| Brands & Products | Purchase price (million VND/ounce or kg) | Selling price (million VND/ounce or kg) | Increase (buy/sell) |
|---|---|---|---|
| Silver bars (unit: million VND/ounce) | |||
| 999 Pieces of Wealth | 3,042 | 3,136 | +24,000 / +25,000 |
| Ancarat piece 2024 1 tael | 3,032 | 3,107 | +29,000 / +30,000 |
| DOJI 99.9 pieces | 3,039 | 3,133 | +21,000 / +22,000 |
| SBJ 999 (Sacombank) piece | 2,988 | 3,078 | Unchanged |
| Silver bars (unit: million VND/kg) | |||
| Phu Quy 999 ingots | 81,119 | 83,626 | +640,000 / +667,000 |
| Ancarat 2025 bar | 79,924 | 82,354 | +780,000 / +800,000 |
| DOJI 99.9 bar | 81,040 | 83,546 | +560,000 / +586,000 |
| SBJ 999 bars (Sacombank) | 79,680 | 82,080 | Unchanged |
The table above showssilver priceSilver ingots have risen more sharply than silver bars, with a common buy-sell spread of 2.4-2.5 million VND/kg, reflecting good liquidity.
What are the reasons for the simultaneous increase in both global and domestic silver prices?
Silver priceGlobal prices continued their upward trend due to the weakening US dollar. Specifically, according to Kitco at 9:13 AM (Vietnam time), the spot price of silver reached $80.90 per ounce, up 0.85% from the previous session.
Silver futures on Investing.com are trading at $81.503 per ounce, up 0.79%. The main reason is the depreciation of the US dollar despite ongoing geopolitical tensions in the Middle East (US-Iran).
The weakening USD makes silver cheaper for investors holding other currencies, stimulating demand. Additionally, the market is awaiting the US non-farm payrolls (NFP) report, which is expected to add only 62,000 jobs in April – significantly lower than the 178,000 in March – further putting pressure on the USD and supporting silver prices.
Comparing domestic and international silver prices: what is the difference?
Silver priceDomestic prices are currently higher than international prices when converted. Converting the world silver price of 80.90 USD/ounce using the central exchange rate (approximately 25,500 VND/USD), 1 kg of world silver is equivalent to approximately 66.2 million VND (because 1 kg ≈ 32.15 ounces).
Meanwhile, the retail price of Phu Quy silver bars in Vietnam is currently at 83.6 million VND/kg, approximately 17.4 million VND/kg higher (equivalent to 26%).
This difference includes import taxes, transportation costs, insurance, processing fees, and the company's profit. This difference is considered fairly stable and accurately reflects the supply and demand of the domestic market.
