{ "id": 61923, "date": "2026-02-26T09:26:50", "date_gmt": "2026-02-26T02:26:50", "guid": { "rendered": "https:\/\/hbbgroup.net\/vang-lap-dinh-tranh-cai-bung-len-ve-chu-ky-ke-tiep\/" }, "modified": "2026-02-26T09:26:50", "modified_gmt": "2026-02-26T02:26:50", "slug": "vang-lap-dinh-tranh-cai-bung-len-ve-chu-ky-ke-tiep", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/vang-lap-dinh-tranh-cai-bung-len-ve-chu-ky-ke-tiep\/", "title": { "rendered": "V\u00e0ng l\u1eadp \u0111\u1ec9nh, tranh c\u00e3i b\u00f9ng l\u00ean v\u1ec1 chu k\u1ef3 k\u1ebf ti\u1ebfp" }, "content": { "rendered": "
\n

V\u00e0ng \u1edf v\u00f9ng cao l\u1ecbch s\u1eed<\/strong><\/p>\n

Gi\u00e1 v\u00e0ng<\/a> v\u1eeba b\u01b0\u1edbc v\u00e0o v\u00f9ng cao l\u1ecbch s\u1eed nh\u01b0ng \u0111i\u1ec1u khi\u1ebfn th\u1ecb tr\u01b0\u1eddng b\u1ea5t ng\u1edd h\u01a1n l\u00e0 m\u1ed9t d\u1ef1 b\u00e1o d\u00e0i h\u1ea1n \u0111ang g\u00e2y tranh lu\u1eadn m\u1ea1nh: v\u00e0ng c\u00f3 th\u1ec3 ti\u1ebfn t\u1edbi m\u1ed1c 8.000 USD\/ounce v\u00e0o n\u0103m 2028.<\/p>\n

Theo th\u00f4ng tin \u0111\u01b0\u1ee3c \u0111\u0103ng t\u1ea3i tr\u00ean The Economic Times, c\u00e1c nh\u00e0 ph\u00e2n t\u00edch t\u1ea1i t\u1eadp \u0111o\u00e0n t\u00e0i ch\u00ednh \u0111a qu\u1ed1c gia JPMorgan Chase cho r\u1eb1ng trong k\u1ecbch b\u1ea3n thu\u1eadn l\u1ee3i, gi\u00e1 v\u00e0ng c\u00f3 th\u1ec3 t\u0103ng g\u1ea5p \u0111\u00f4i trong v\u00e0i n\u0103m t\u1edbi, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng v\u00f9ng gi\u00e1 kho\u1ea3ng 8.000 USD\/ounce. \u0110\u00e2y l\u00e0 m\u1ed9t trong nh\u1eefng nh\u1eadn \u0111\u1ecbnh t\u00e1o b\u1ea1o nh\u1ea5t v\u1ec1 kim lo\u1ea1i qu\u00fd k\u1ec3 t\u1eeb sau \u0111\u1ea1i d\u1ecbch.<\/p>\n

Con s\u1ed1 n\u00e0y l\u1eadp t\u1ee9c thu h\u00fat s\u1ef1 ch\u00fa \u00fd c\u1ee7a gi\u1edbi \u0111\u1ea7u t\u01b0 to\u00e0n c\u1ea7u b\u1edfi n\u00f3 kh\u00f4ng \u0111\u01a1n thu\u1ea7n l\u00e0 d\u1ef1 b\u00e1o ng\u1eafn h\u1ea1n m\u00e0 l\u00e0 m\u1ed9t gi\u1ea3 \u0111\u1ecbnh v\u1ec1 \u201cchu k\u1ef3 l\u1edbn\u201d c\u1ee7a v\u00e0ng.<\/p>\n

Kh\u00e1c v\u1edbi c\u00e1c \u0111\u1ee3t t\u0103ng m\u1ea1nh giai \u0111o\u1ea1n 2008-2011 hay th\u1eddi k\u1ef3 \u0111\u1ea1i d\u1ecbch, l\u1ea7n n\u00e0y v\u00e0ng \u0111i l\u00ean trong m\u1ed9t m\u00f4i tr\u01b0\u1eddng ph\u1ee9c t\u1ea1p h\u01a1n nhi\u1ec1u.\u00a0<\/p>\n

L\u1ea1m ph\u00e1t kh\u00f4ng c\u00f2n b\u00f9ng ph\u00e1t nh\u01b0 tr\u01b0\u1edbc nh\u01b0ng r\u1ee7i ro h\u1ec7 th\u1ed1ng l\u1ea1i lan r\u1ed9ng theo c\u00e1ch \u00e2m \u1ec9 h\u01a1n: n\u1ee3 c\u00f4ng to\u00e0n c\u1ea7u t\u0103ng cao, c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb dai d\u1eb3ng, h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh ch\u1ecbu \u00e1p l\u1ef1c t\u00e1i c\u1ea5u tr\u00fac.<\/p>\n

\"H\u00ecnh<\/picture>
Gi\u00e1 v\u00e0ng li\u00ean t\u1ee5c l\u1eadp \u0111\u1ec9nh m\u1edbi, trong khi JPMorgan Chase d\u1ef1 b\u00e1o k\u1ecbch b\u1ea3n d\u00e0i h\u1ea1n c\u00f3 th\u1ec3 \u0111\u01b0a kim lo\u1ea1i qu\u00fd n\u00e0y l\u00ean t\u1edbi 8.000 USD\/ounce v\u00e0o n\u0103m 2028. \u1ea2nh minh h\u1ecda: Baidu<\/figcaption><\/figure>\n

Theo JPMorgan, \u0111\u1ed9ng l\u1ef1c quan tr\u1ecdng nh\u1ea5t l\u00e0 s\u1ef1 thay \u0111\u1ed5i mang t\u00ednh c\u1ea5u tr\u00fac trong c\u00e1ch ph\u00e2n b\u1ed5 t\u00e0i s\u1ea3n to\u00e0n c\u1ea7u. N\u1ebfu ch\u1ec9 m\u1ed9t t\u1ef7 l\u1ec7 nh\u1ecf d\u00f2ng v\u1ed1n qu\u1ed1c t\u1ebf d\u1ecbch chuy\u1ec3n th\u00eam sang v\u00e0ng nh\u01b0 t\u00e0i s\u1ea3n ph\u00f2ng h\u1ed9 chi\u1ebfn l\u01b0\u1ee3c, m\u1ee9c gi\u00e1 hi\u1ec7n t\u1ea1i c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c \u201c\u0111\u1ecbnh gi\u00e1 l\u1ea1i\u201d \u1edf m\u1eb7t b\u1eb1ng cao h\u01a1n nhi\u1ec1u.<\/p>\n

M\u1ed9t y\u1ebfu t\u1ed1 kh\u00e1c l\u00e0 ho\u1ea1t \u0111\u1ed9ng mua v\u00e0ng c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng. Trong hai n\u0103m g\u1ea7n \u0111\u00e2y, l\u01b0\u1ee3ng mua r\u00f2ng to\u00e0n c\u1ea7u li\u00ean t\u1ee5c \u1edf m\u1ee9c cao nh\u1ea5t nhi\u1ec1u th\u1eadp k\u1ef7. \u0110\u00e2y l\u00e0 d\u00f2ng ti\u1ec1n d\u00e0i h\u1ea1n, \u00edt mang t\u00ednh \u0111\u1ea7u c\u01a1, v\u00e0 th\u01b0\u1eddng kh\u00f4ng b\u00e1n ra khi gi\u00e1 \u0111i\u1ec1u ch\u1ec9nh nh\u1eb9.<\/p>\n

Ngo\u00e0i ra, tri\u1ec3n v\u1ecdng l\u00e3i su\u1ea5t to\u00e0n c\u1ea7u h\u1ea1 nhi\u1ec7t trong trung h\u1ea1n c\u0169ng \u0111\u01b0\u1ee3c xem l\u00e0 l\u1ef1c \u0111\u1ea9y ti\u1ec1m n\u0103ng. Khi m\u1eb7t b\u1eb1ng l\u00e3i su\u1ea5t gi\u1ea3m, chi ph\u00ed c\u01a1 h\u1ed9i n\u1eafm gi\u1eef v\u00e0ng th\u1ea5p h\u01a1n, t\u1ea1o \u0111i\u1ec1u ki\u1ec7n cho gi\u00e1 t\u0103ng.<\/p>\n

K\u1ebft h\u1ee3p c\u00e1c y\u1ebfu t\u1ed1 n\u00e0y, JPMorgan x\u00e2y d\u1ef1ng k\u1ecbch b\u1ea3n m\u00e0 trong \u0111\u00f3 v\u00e0ng c\u00f3 th\u1ec3 t\u0103ng g\u1ea5p \u0111\u00f4i t\u1eeb m\u1ee9c hi\u1ec7n t\u1ea1i tr\u01b0\u1edbc n\u0103m 2028.<\/p>\n

R\u1ee7i ro kh\u00f4ng bi\u1ebfn m\u1ea5t<\/strong><\/p>\n

D\u00f9 tri\u1ec3n v\u1ecdng d\u00e0i h\u1ea1n \u0111\u01b0\u1ee3c v\u1ebd ra kh\u00e1 h\u1ea5p d\u1eabn nh\u01b0ng th\u1ecb tr\u01b0\u1eddng v\u00e0ng kh\u00f4ng mi\u1ec5n nhi\u1ec5m v\u1edbi \u0111i\u1ec1u ch\u1ec9nh. L\u1ecbch s\u1eed cho th\u1ea5y m\u1ed7i chu k\u1ef3 t\u0103ng m\u1ea1nh \u0111\u1ec1u \u0111i k\u00e8m nh\u1eefng giai \u0111o\u1ea1n gi\u1ea3m s\u00e2u 10-20% trong th\u1eddi gian ng\u1eafn.<\/p>\n

N\u1ebfu kinh t\u1ebf to\u00e0n c\u1ea7u ph\u1ee5c h\u1ed3i t\u1ed1t h\u01a1n d\u1ef1 ki\u1ebfn, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu t\u0103ng tr\u1edf l\u1ea1i ho\u1eb7c d\u00f2ng ti\u1ec1n chuy\u1ec3n d\u1ecbch m\u1ea1nh sang c\u1ed5 phi\u1ebfu v\u00e0 t\u00e0i s\u1ea3n r\u1ee7i ro, v\u00e0ng c\u00f3 th\u1ec3 ch\u1ecbu \u00e1p l\u1ef1c. Ngo\u00e0i ra, b\u1ea5t k\u1ef3 thay \u0111\u1ed5i \u0111\u1ed9t ng\u1ed9t n\u00e0o trong ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u0169ng c\u00f3 kh\u1ea3 n\u0103ng g\u00e2y bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh.<\/p>\n

\u0110i\u1ec3m kh\u00e1c bi\u1ec7t hi\u1ec7n nay l\u00e0 n\u1ec1n t\u1ea3ng h\u1ed7 tr\u1ee3 c\u00f3 v\u1ebb r\u1ed9ng h\u01a1n so v\u1edbi c\u00e1c chu k\u1ef3 tr\u01b0\u1edbc. Thay v\u00ec ph\u1ee5 thu\u1ed9c ch\u1ee7 y\u1ebfu v\u00e0o m\u1ed9t y\u1ebfu t\u1ed1 nh\u01b0 l\u1ea1m ph\u00e1t, \u0111\u00e0 t\u0103ng c\u1ee7a v\u00e0ng \u0111ang nh\u1eadn l\u1ef1c \u0111\u1ea9y t\u1eeb nhi\u1ec1u h\u01b0\u1edbng: chi\u1ebfn l\u01b0\u1ee3c d\u1ef1 tr\u1eef, ph\u00f2ng h\u1ed9 r\u1ee7i ro v\u00e0 t\u00e1i c\u01a1 c\u1ea5u danh m\u1ee5c \u0111\u1ea7u t\u01b0 to\u00e0n c\u1ea7u.<\/p>\n

D\u00f9 v\u1eady, kh\u00f4ng ph\u1ea3i m\u1ecdi t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh \u0111\u1ec1u \u0111\u01b0a ra m\u1ee9c d\u1ef1 b\u00e1o cao nh\u01b0 v\u1eady. Nhi\u1ec1u nh\u00e0 ph\u00e2n t\u00edch kh\u00e1c \u0111\u1eb7t m\u1ee5c ti\u00eau \u1edf v\u00f9ng 4.500 – 5.500 USD trong v\u00e0i n\u0103m t\u1edbi, cho r\u1eb1ng \u0111\u00e0 t\u0103ng v\u1eabn b\u1ec1n v\u1eefng nh\u01b0ng kh\u00f3 b\u00f9ng n\u1ed5 qu\u00e1 nhanh.<\/p>\n

S\u1ef1 kh\u00e1c bi\u1ec7t n\u00e0y ph\u1ea3n \u00e1nh \u0111i\u1ec1u quan tr\u1ecdng: th\u1ecb tr\u01b0\u1eddng v\u00e0ng \u0111ang \u1edf \u0111i\u1ec3m nh\u1ea1y c\u1ea3m. M\u1ed9t b\u00ean tin r\u1eb1ng th\u1ebf gi\u1edbi \u0111ang b\u01b0\u1edbc v\u00e0o giai \u0111o\u1ea1n b\u1ea5t \u1ed5n k\u00e9o d\u00e0i, khi\u1ebfn v\u00e0ng tr\u1edf th\u00e0nh tr\u1ee5 c\u1ed9t ph\u00f2ng th\u1ee7 chi\u1ebfn l\u01b0\u1ee3c. B\u00ean c\u00f2n l\u1ea1i cho r\u1eb1ng t\u1ed1c \u0111\u1ed9 t\u0103ng hi\u1ec7n t\u1ea1i c\u00f3 th\u1ec3 ch\u1eefng l\u1ea1i n\u1ebfu \u0111i\u1ec1u ki\u1ec7n kinh t\u1ebf c\u1ea3i thi\u1ec7n.<\/p>\n

Hi\u1ec7n t\u1ea1i, v\u00e0ng v\u1eabn duy tr\u00ec \u0111\u01b0\u1ee3c l\u1ef1c c\u1ea7u \u1ed5n \u0111\u1ecbnh ngay c\u1ea3 khi th\u1ecb tr\u01b0\u1eddng tr\u1ea3i qua c\u00e1c \u0111\u1ee3t \u0111i\u1ec1u ch\u1ec9nh ng\u1eafn h\u1ea1n. S\u1ef1 ki\u00ean \u0111\u1ecbnh c\u1ee7a d\u00f2ng ti\u1ec1n cho th\u1ea5y kim lo\u1ea1i qu\u00fd n\u00e0y \u0111ang \u0111\u01b0\u1ee3c nh\u00ecn nh\u1eadn v\u01b0\u1ee3t ra ngo\u00e0i vai tr\u00f2 ch\u1ed1ng l\u1ea1m ph\u00e1t truy\u1ec1n th\u1ed1ng.<\/p>\n

N\u1ebfu xu h\u01b0\u1edbng t\u00edch l\u0169y chi\u1ebfn l\u01b0\u1ee3c ti\u1ebfp t\u1ee5c m\u1edf r\u1ed9ng v\u00e0 s\u1ef1 b\u1ea5t \u0111\u1ecbnh to\u00e0n c\u1ea7u ch\u01b0a h\u1ea1 nhi\u1ec7t, kh\u1ea3 n\u0103ng v\u00e0ng \u0111\u1ea1t nh\u1eefng m\u1ed1c gi\u00e1 ch\u01b0a t\u1eebng c\u00f3 kh\u00f4ng th\u1ec3 b\u1ecb lo\u1ea1i tr\u1eeb.<\/p>\n

<\/picture><\/a> <\/p>\n

Gi\u1ea3i m\u00e3i ‘c\u01a1n nghi\u1ec7n’ v\u00e0ng c\u1ee7a ng\u01b0\u1eddi Trung Qu\u1ed1c<\/a>TRUNG QU\u1ed0C – Ch\u1ec9 \u00edt ng\u00e0y sau k\u1ef3 ngh\u1ec9 T\u1ebft, th\u1ecb tr\u01b0\u1eddng v\u00e0ng qu\u1ed1c t\u1ebf khi\u1ebfn gi\u1edbi \u0111\u1ea7u t\u01b0 cho\u00e1ng v\u00e1ng: gi\u00e1 v\u00e0ng v\u1ecdt l\u00ean 5.100 USD\/ounce, trong khi gi\u00e1 v\u00e0ng trang s\u1ee9c t\u1ea1i Trung Qu\u1ed1c \u00e1p s\u00e1t 1.600 NDT (kho\u1ea3ng 6,2 tri\u1ec7u \u0111\u1ed3ng)\/gram.<\/span><\/p>\n<\/p><\/div>", "protected": false }, "excerpt": { "rendered": "

V\u00e0ng \u1edf v\u00f9ng cao l\u1ecbch s\u1eed Gi\u00e1 v\u00e0ng v\u1eeba b\u01b0\u1edbc v\u00e0o v\u00f9ng cao l\u1ecbch s\u1eed nh\u01b0ng \u0111i\u1ec1u khi\u1ebfn th\u1ecb tr\u01b0\u1eddng […]<\/p>", "protected": false }, "author": 5, "featured_media": 61924, "comment_status": "open", "ping_status": "open", "sticky": false, "template": "", "format": "standard", "meta": { "_acf_changed": false, "footnotes": "" }, "categories": [ 219 ], "tags": [], "class_list": [ "post-61923", "post", "type-post", "status-publish", "format-standard", "has-post-thumbnail", "hentry", "category-vang" ], "acf": [], "_links": { "self": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/61923", "targetHints": { "allow": [ "GET" ] } } ], "collection": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts" } ], "about": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/types\/post" } ], "author": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/users\/5" } ], "replies": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/comments?post=61923" } ], "version-history": [ { "count": 0, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/61923\/revisions" } ], "wp:featuredmedia": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media\/61924" } ], "wp:attachment": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media?parent=61923" } ], "wp:term": [ { "taxonomy": "category", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/categories?post=61923" }, { "taxonomy": "post_tag", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/tags?post=61923" } ], "curies": [ { "name": "wp", "href": "https:\/\/api.w.org\/{rel}", "templated": true } ] } }