Silver Prices Rise on September 5, 2026 Amid Fed Rate Halt On September 5, 2026, silver prices saw an increase, driven by signals from Federal Reserve officials indicating a preference to keep interest rates unchanged in September. This decision led to a decline in the U.S. dollar and American bond yields, prompting capital flows toward precious metals like silver. In Hanoi, the Fook Qiu Gold, Silver, and Gemstones Group reported silver prices at 2,263,000 VND per ounce (buying price) and 2,333,000 VND per ounce (selling price). Domestic silver prices in Hanoi’s other trading centers stood at 1,954,000 VND per ounce (buying) and 2,021,000 VND per ounce (selling), while in Ho Chi Minh City, the rates were 1,958,000 VND per ounce (buying) and 2,025,000 VND per ounce (selling). Globally, silver prices were quoted at 1,706,000 VND per ounce (buying) and 1,711,000 VND per ounce (selling). The surge in silver prices followed Governor Christopher Waller’s indication at the September Federal Reserve meeting that rates would remain unchanged. This move pressured the U.S. dollar and Treasury yields, redirecting capital toward precious metals. Analysts noted that short-term market focus remained within a price range of 67.25 to 68.17 dollars per ounce, with technical indicators suggesting a potential upward trend. James Hayrizik, a precious metals analyst, highlighted that whether silver prices would surpass the 68.17-dollar threshold would determine the next phase of movement. If prices exceed this level, further gains could target 72.08 and 72.67 dollars per ounce. Conversely, if prices fail to break above 67.25 dollars, it could signal lingering buying pressure or increasing selling pressure, risking a decline toward 63.31, 62.98, and 61.84 dollars per ounce.#federal_reserve #hanoi #chris_waller #james_hayrizik #fooq_qiu_gold_silver_gemstones_group
