Domestic coffee prices today

Coffee prices today in the domestic market increased slightly compared to the previous session. According to giacaphe. com, the average coffee price on August 10 was 97,100 VND/kg, an increase of 200 VND/kg.

In Dak Lak, coffee prices were recorded at 97,000 VND/kg, an increase of 200 VND/kg compared to the previous session.

In Lam Dong, coffee prices reached 96,600 VND/kg, an increase of 300 VND/kg. This is the lowest level among the surveyed areas.

In Gia Lai, coffee prices are at 97,000 VND/kg, an increase of 200 VND/kg.

The old Dak Nong area recorded a level of 97,300 VND/kg, an increase of 300 VND/kg. This is the highest level in today’s price list.

After sessions of hovering around the 97,000 VND/kg zone, the market has had a slight increase, but has not yet returned to the area close to 99,000 VND/kg previously recorded.

The USD/VND exchange rate according to Vietcombank was recorded at 25,910 VND/USD, down 90 VND.

World coffee prices

In the world market, coffee prices in the most recent session diễn biến trái chiều (developed in opposite directions).

According to Barchart, the September 2026 Arabica futures contract closed the weekend session up 13.90 US cents/lb, equivalent to 4.32%, to 335.55 US cents/lb. This is a strong increase, bringing Arabica to its highest level in about 1 week.

Conversely, the September 2026 Robusta futures contract decreased by 11 USD/ton, equivalent to 0.29%. According to comparison data, Robusta is still around the 3,798 USD/ton range, showing that the increase in the world market is mainly concentrated in Arabica, not spreading strongly to Robusta.

Coffee price assessment

Domestic coffee prices increased slightly in the context of a differentiated world market. Arabica rebounded sharply, but Robusta decreased slightly, making the support force for domestic purchasing prices not really clear.

According to Barchart, Arabica is supported by a weakening USD and Arabica stocks certified on ICE fall to a 2.5-year low. Meanwhile, Robusta is under pressure as Robusta stocks on ICE increase to a 4.5-month high.

Barchart also reflects that the harvest progress of Brazilian coffee is still slower than the same period. As of July 31, Cooxupe cooperative members harvested 67.3% of the expected output, lower than 74.2% in the same period last year. This factor continues to support Arabica prices.

Regarding domestic weather, the National Center for Hydro-Meteorological Forecasting said that on the day and night of August 10, the Central Highlands area is cloudy, with showers and scattered thunderstorms, locally heavy rain; rain concentrated in the afternoon and night. Lowest temperature 21-24 degrees C, highest 27-30 degrees C, in some places above 30 degrees C.

This season’s thunderstorms need to be monitored in terms of garden care, pest and disease prevention, and goods preservation.

The CHFJPY succeeded in surpassing the negative pressures by providing several positive closes above 192.40 support, activating with stochastic positivity and recording several gains by its rally towards 195.65.

Forming extra support at 194.60 level and providing positive momentum makes us expect to form bullish waves, to attempt to reach 196.40, attacking the barrier near 197.65, which represents a confirmation key for the upcoming trading.

The expected trading range for today is between 195.00 and 196.40

Trend forecast: Bullish

Platinum price failed to resume the bullish trend after facing the resistance near $1785.00, keeping its stability below the moving average 55, by its fluctuation near $1745.00 level as appears in the above image.

The contradiction of the main indicators and the stability of the resistance will increase the chances of renewing the negative attempts, which might target $1685.00 and $1642.00 level, while breaking above the resistance level and holding above it will open the way for reaching new bullish stations that might begin at $1825.00 and $1870.00.

The expected trading range for today is between $1700.00 and $1790.00

Trend forecast: Bearish

BitcoinWorld

Silver Price Forecast: XAG/USD Bulls Target Breakout Above $63.30 Resistance

Silver (XAG/USD) is pressing against a key resistance zone near $63.30 as of this analysis, with buyers showing renewed conviction to push the precious metal to fresh highs. The ongoing challenge of this level suggests a potential breakout, though traders remain cautious ahead of broader market catalysts.

Why the $63.30 Level Matters

The $63.30 area has emerged as a critical technical barrier for silver, representing a confluence of prior swing highs and psychological round-number resistance. Bulls have repeatedly tested this zone over the past sessions, but each attempt has met with selling pressure. A decisive close above this level could open the door to the next upside targets, while repeated failures may signal a period of consolidation.

From a technical perspective, the recent price action shows higher lows on the intraday charts, indicating that buyers are stepping in at higher levels. This pattern, combined with positive momentum indicators, suggests that the path of least resistance is to the upside. However, volume and volatility remain key factors to watch, as a breakout without sufficient participation could prove false.

Market Drivers Behind the Silver Rally

Silver’s strength is being supported by a combination of factors, including a softer U.S. dollar, rising industrial demand, and shifting expectations around global monetary policy. As of mid-2025, the Federal Reserve’s stance on interest rates has become a major driver for precious metals, with any hint of easing typically boosting non-yielding assets like silver.

Additionally, silver’s dual role as both a precious and industrial metal has made it a beneficiary of the global push toward green technologies. Solar panels, electric vehicles, and 5G infrastructure all rely heavily on silver, creating a structural demand backdrop that continues to attract long-term investors.

What a Breakout Could Mean for Traders

If silver manages to close above $63.30 on a daily basis, the next resistance levels to watch would be around $65.00 and then the psychological $70.00 mark. Traders often use such breakouts to enter long positions, with stop-loss orders placed below the breakout level to manage risk. Conversely, a failure to break higher could lead to a pullback toward the $60.00 support zone, where buyers may find renewed interest.

Conclusion

Silver is at a pivotal juncture, with the $63.30 resistance level acting as the focal point for bulls and bears alike. While the technical setup favors an eventual breakout, traders should remain vigilant about external factors such as U.S. economic data and geopolitical developments that could influence the metal’s direction. A confirmed breakout would likely attract additional momentum buying, while a rejection could prompt a near-term correction.

FAQs

Q1: What is the current silver price forecast?
As of this analysis, silver (XAG/USD) is testing resistance at $63.30. If bulls break above this level, the next targets are $65.00 and $70.00. Failure to break could lead to a pullback toward $60.00.

Q2: Why is silver rallying?
Silver is benefiting from a weaker U.S. dollar, strong industrial demand (especially from green technologies), and expectations of potential Fed rate cuts, which make precious metals more attractive.

Q3: What are the key resistance and support levels for silver?
Key resistance is at $63.30, followed by $65.00 and $70.00. On the downside, support is seen at $60.00, with additional support near $58.00.

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