Silver prices today, May 5, 2026: Phu Quy and DOJI silver bars decreased by more than 2.6 million VND/kg.
Today, May 5th, 2026, silver prices have fallen sharply across the board. Phu Quy and DOJI silver bars have dropped by over 2.6 million VND to the 75-76 million VND/kg range. Silver ingots have decreased by 66,000-98,000 VND/ounce.
Today's silver prices saw a sharp decline across all segments, erasing the recovery seen in the trading session immediately following the holiday. This downward trend reflects a correction in global silver prices as profit-taking pressure increased, causing domestic physical silver prices to fall by tens of thousands of dong per tael of silver bars and millions of dong per kilogram of silver ingots.
The price of silver bars has officially moved away from the 78 million VND/kg mark and retreated to near 75-76 million VND/kg, the lowest level in many recent trading sessions.
Today, the price of silver bars decreased by 66,000 – 98,000 VND per tael.
In the silver bar segment, the common price decrease ranged from 66,000 to 98,000 VND/ounce compared to the May 4th session. Phu Quy 999 silver is currently listed at 2.760 million VND/ounce (buying price) and 2.845 million VND/ounce (selling price), a decrease of 91,000 – 94,000 VND/ounce respectively.
Ancarat silver bars (2024 model, 1 tael) also adjusted to 2.76 million VND/tael (buying price) and 2.828 million VND/tael (selling price), a decrease of 93,000 - 95,000 VND/tael. This is the second-highest decrease among silver bars today.
DOJI brand recorded the deepest decline in the silver bar segment. DOJI 99.9 silver bars were listed at 2.750 million VND/ounce (buying price) and 2.855 million VND/ounce (selling price), a decrease of 95,000 and 98,000 VND respectively compared to the previous session.
Sacombank's Kim-Phuc-Loc SBJ 999 silver bars uniformly decreased by 66,000 VND in both buying and selling prices, trading around 2.769 - 2.859 million VND/ounce.
Silver bar price list as of May 5, 2026
| Trademark | Buying price (million/ounce) | Selling price (million/ounce) | Change |
|---|---|---|---|
| 999 Silver | 2,760 | 2,845 | ▼91K – 94K |
| Ancarat Silver 2024 (1 tael) | 2,760 | 2,828 | ▼93K – 95K |
| DOJI 99.9% Silver | 2,750 | 2,855 | ▼95K – 98K |
| SBJ 999 Silver Sacombank | 2,769 | 2,859 | ▼66K |
Silver prices plummeted, with Phu Quy and DOJI losing over 2.6 million VND per kilogram.
Most notably in today's trading session was the "vertical" drop in the silver bullion segment, with common price reductions exceeding 2.5 million VND/kg across major brands.
999% pure silver bars saw a price drop of up to 2.427 million VND/kg for buying and 2.613 million VND/kg for selling, bringing the trading price down to 73.599 – 75.866 million VND/kg.
DOJI 99.9% pure silver bars "evaporated" by 2.533 million VND/kg on the buying side and 2.613 million VND/kg on the selling side, listed at 73.333 – 76.133 million VND/kg. Cumulatively, each kilogram of DOJI silver bars lost more than 5.1 million VND compared to the previous trading session.
Ancarat silver ingots (2025) experienced a sharp decline from 2.462 – 2.532 million VND/kg, currently listed at 72.704 million VND/kg (buying price) and 74.914 million VND/kg (selling price). This brand has the lowest selling price for silver ingots among the surveyed group on May 5th.
Sacombank's 999 gold bars (Kim-Phuc-Loc SBJ) saw a uniform price reduction of 1.76 million VND/kg in both buying and selling prices, standing at 73.840 - 76.240 million VND/kg. Sacombank's price drop was lower than other brands, but still enough to push the selling price away from the 78 million VND/kg mark.
Silver bar price list as of May 5, 2026
| Trademark | Purchase price (million/kg) | Selling price (million/kg) | Change |
|---|---|---|---|
| 999 Silver Bars | 73,599 | 75,866 | ▼2,427K – 2,613K |
| DOJI 99.9% pure silver ingot | 73,333 | 76,133 | ▼2,533K – 2,613K |
| Ancarat Silver Bar 2025 | 72,704 | 74,914 | ▼2,462K – 2,532K |
| SBJ 999 Silver Bar from Sacombank | 73,840 | 76,240 | ▼1,760K |
The world price of silver today is around $72.82 per ounce.
According to Kitco at 9:13 AM (Vietnam time), world silver prices are showing mixed movements between the spot and futures markets. The spot price of silver is currently at $72.82 per ounce, up $0.22, or 0.30%, from the previous session. Converted to smaller units, world silver is currently approximately $2.34 per gram and $2,341.25 per kilogram.
Data from Investing at the same time showed that silver futures were trading around $73.333 per ounce, down $0.190, or 0.26%. The intraday movement indicated that silver prices, after a previous strong surge, had cooled down, fluctuating around $73 per ounce, reflecting cautious investor sentiment after a period of significant volatility.
Why did silver prices fall sharply on May 5th?
Silver prices fell sharply on May 5th due to a combination of three factors: better-than-expected US economic data, rising Treasury yields, and a stronger US dollar. According to Kitco, both spot gold and spot silver prices were weaker at the end of Monday's session despite continued high geopolitical risks.
At the close of trading, spot gold was trading near $4,513.70 per ounce, down 2.16%, while spot silver was at $72.570, down 3.53% during the session. The intraday trading range for silver fluctuated between $72.10 and $76.12, indicating a very wide range of volatility.
The U.S. Census Bureau announced that factory orders in March rose 1.5% to $630.4 billion, following a 0.3% increase in February. Exports increased 1.4% to $633.9 billion, while inventories rose 0.6% to $956.3 billion. These figures exceeded forecasts of 0.5%, reducing the need for a price adjustment before an interest rate cut.
The ISM manufacturing index, released last weekend, also showed that US manufacturing activity expanded for the fourth consecutive month in April, with the manufacturing PMI reaching 52.7%. This more positive manufacturing outlook weakened demand for safe-haven assets like precious metals.
The yield on 10-year US Treasury bonds traded near 4.44%, up about 6.5 basis points on the day, fluctuating between 4.377% and 4.467%. The US dollar index edged higher to 98.472, a 0.32% increase. A stronger dollar makes silver – which is denominated in USD – more expensive for investors holding other currencies.
WTI crude oil on the Nymex exchange traded around $104.88 per barrel, while Brent crude was near $113.56 per barrel. Brent crude prices at one point rose 5.8% to $114.44 as fighting in the Middle East flared up and risks in the Strait of Hormuz raised concerns about inflation, pushing bond yields higher.
Technically, the next upside price target for spot silver buyers is to push the price back above the $73.00-$73.50/ounce range, with a breakout target of $75.00 and then $76.12. The first resistance level is identified at $72.82 and then $73.50.
Conversely, the next downside price target for sellers is a break below $72.10, with further downside targets at $71.00 and then $70.00. The next support level is identified at $72.10 and then $71.00. The fact that silver is trading close to the support-resistance boundary suggests the market may continue to experience significant volatility in the coming sessions.
Traders are closely watching U.S. labor market data and announcements from the Federal Reserve (Fed) to confirm that rising oil prices will only delay, not cancel, the next easing cycle. The minutes of the April 28-29 FOMC meeting will be released at 2 p.m. ET on May 20.
The Fed's Senior Lending Officers Survey is expected to be released at 2 p.m. ET on May 4th. These two key data points could shape expectations about the interest rate trajectory, thereby directly impacting global silver prices and domestic silver prices in the coming sessions.
