{ "id": 80605, "date": "2026-05-19T08:57:56", "date_gmt": "2026-05-19T01:57:56", "guid": { "rendered": "https:\/\/hbbgroup.net\/gia-vang-xuyen-thung-moc-160-trieu-dong-luong-noi-lo-truoc-aposranh-gioi-song-conapos\/" }, "modified": "2026-05-19T09:18:07", "modified_gmt": "2026-05-19T02:18:07", "slug": "gia-vang-xuyen-thung-moc-160-trieu-dong-luong-noi-lo-truoc-aposranh-gioi-song-conapos", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/gia-vang-xuyen-thung-moc-160-trieu-dong-luong-noi-lo-truoc-aposranh-gioi-song-conapos\/", "title": { "rendered": "Gi\u00e1 v\u00e0ng xuy\u00ean th\u1ee7ng m\u1ed1c 160 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng, n\u1ed7i lo tr\u01b0\u1edbc ranh gi\u1edbi s\u1ed1ng c\u00f2n" }, "content": { "rendered": "
\n

Gi\u00e1 v\u00e0ng gi\u1ea3m m\u1ea1nh do t\u00edn hi\u1ec7u t\u1eeb Fed<\/strong><\/p>\n

M\u1edf c\u1eeda phi\u00ean giao d\u1ecbch ng\u00e0y 18\/5 t\u1ea1i ch\u00e2u \u00c1, gi\u00e1 v\u00e0ng giao ngay c\u00f3 th\u1eddi \u0111i\u1ec3m gi\u1ea3m th\u00eam kho\u1ea3ng 50 USD\/ounce, xu\u1ed1ng s\u00e1t ng\u01b0\u1ee1ng 4.490 USD\/ounce sau c\u00fa lao d\u1ed1c m\u1ea1nh cu\u1ed1i tu\u1ea7n tr\u01b0\u1edbc. Ch\u1ec9 trong v\u00f2ng m\u1ed9t th\u00e1ng, gi\u00e1 v\u00e0ng<\/a> th\u1ebf gi\u1edbi li\u00ean t\u1ee5c \u0111\u00e1nh m\u1ea5t h\u00e0ng lo\u1ea1t m\u1ed1c quan tr\u1ecdng nh\u01b0 4.800 USD\/ounce, 4.700 USD\/ounce, 4.600 USD\/ounce v\u00e0 nay l\u00e0 ng\u01b0\u1ee1ng 4.500 USD\/ounce.<\/p>\n

Th\u1ecb tr\u01b0\u1eddng v\u00e0ng trong n\u01b0\u1edbc c\u0169ng ch\u1ecbu \u00e1p l\u1ef1c b\u00e1n m\u1ea1nh. Gi\u00e1 v\u00e0ng mi\u1ebfng SJC s\u00e1ng 18\/5 \u0111\u00e3 gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi 159,5 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng \u1edf chi\u1ec1u mua v\u00e0o, m\u1ea5t th\u00eam kho\u1ea3ng 1 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng sau khi \u0111\u00e3 gi\u1ea3m 1,5 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng trong phi\u00ean cu\u1ed1i tu\u1ea7n. So v\u1edbi \u0111\u1ea7u th\u00e1ng 3, v\u00e0ng SJC \u0111\u00e3 \u201cb\u1ed1c h\u01a1i\u201d kho\u1ea3ng 30 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng.<\/p>\n

\u0110\u00e0 gi\u1ea3m c\u1ee7a v\u00e0ng di\u1ec5n ra trong b\u1ed1i c\u1ea3nh \u0111\u1ed3ng USD t\u0103ng m\u1ea1nh tr\u1edf l\u1ea1i. Ch\u1ec9 s\u1ed1 DXY s\u00e1ng 18\/5 t\u0103ng l\u00ean 99,4 \u0111i\u1ec3m, trong khi gi\u00e1 d\u1ea7u t\u0103ng v\u1ecdt th\u00eam 2,8% l\u00ean 108,5 USD\/th\u00f9ng. S\u1ef1 k\u1ebft h\u1ee3p gi\u1eefa \u0111\u1ed3ng USD m\u1ea1nh v\u00e0 gi\u00e1 n\u0103ng l\u01b0\u1ee3ng leo thang \u0111ang t\u1ea1o ra \u00e1p l\u1ef1c l\u1edbn \u0111\u1ed1i v\u1edbi th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u.<\/p>\n

Nguy\u00ean nh\u00e2n ch\u00ednh khi\u1ebfn v\u00e0ng suy y\u1ebfu \u0111\u1ebfn t\u1eeb k\u1ef3 v\u1ecdng ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a Fed \u0111\u1ea3o chi\u1ec1u. Trong v\u00e0i n\u0103m qua, v\u00e0ng t\u0103ng m\u1ea1nh nh\u1edd ch\u00ednh s\u00e1ch ti\u1ec1n l\u1ec7 n\u1edbi l\u1ecfng, \u0111\u1ed3ng USD suy y\u1ebfu, xu h\u01b0\u1edbng phi USD h\u00f3a v\u00e0 nhu c\u1ea7u mua v\u00e0ng r\u1ea5t l\u1edbn t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng. Ngo\u00e0i ra, xung \u0111\u1ed9t Nga – Ukraine, c\u0103ng th\u1eb3ng Trung \u0110\u00f4ng, n\u1ee3 c\u00f4ng M\u1ef9 t\u0103ng cao v\u00e0 lo ng\u1ea1i suy tho\u00e1i to\u00e0n c\u1ea7u c\u0169ng th\u00fac \u0111\u1ea9y nhu c\u1ea7u tr\u00fa \u1ea9n v\u00e0o v\u00e0ng.<\/p>\n

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<\/picture>
Gi\u00e1 v\u00e0ng SJC gi\u1ea3m m\u1ea1nh, xu\u1ed1ng d\u01b0\u1edbi ng\u01b0\u1ee1ng 160 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng. \u1ea2nh: Tu\u1ea5n H\u00f9ng<\/em><\/figcaption><\/figure>\n

Tuy nhi\u00ean, b\u1ee9c tranh \u0111ang thay \u0111\u1ed5i nhanh ch\u00f3ng. Thay v\u00ec k\u1ef3 v\u1ecdng Fed li\u00ean t\u1ee5c gi\u1ea3m l\u00e3i su\u1ea5t trong giai \u0111o\u1ea1n 2025-2027, th\u1ecb tr\u01b0\u1eddng gi\u1edd \u0111\u00e2y b\u1eaft \u0111\u1ea7u lo ng\u1ea1i Fed c\u00f3 th\u1ec3 ph\u1ea3i duy tr\u00ec l\u00e3i su\u1ea5t cao l\u00e2u h\u01a1n, th\u1eadm ch\u00ed quay l\u1ea1i t\u0103ng l\u00e3i su\u1ea5t n\u1ebfu l\u1ea1m ph\u00e1t ti\u1ebfp t\u1ee5c n\u00f3ng l\u00ean.<\/p>\n

Ba b\u00e1o c\u00e1o kinh t\u1ebf M\u1ef9 li\u00ean ti\u1ebfp v\u1eeba c\u00f4ng b\u1ed1 \u0111\u00e3 l\u00e0m gia t\u0103ng n\u1ed7i lo n\u00e0y. Ch\u1ec9 s\u1ed1 gi\u00e1 ti\u00eau d\u00f9ng (CPI) th\u00e1ng 4 t\u0103ng 3,8%, m\u1ee9c cao nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 5\/2023. Ngay sau \u0111\u00f3, ch\u1ec9 s\u1ed1 gi\u00e1 s\u1ea3n xu\u1ea5t (PPI) t\u0103ng m\u1ea1nh nh\u1ea5t k\u1ec3 t\u1eeb \u0111\u1ea7u n\u0103m 2022. D\u1eef li\u1ec7u gi\u00e1 nh\u1eadp kh\u1ea9u v\u00e0 xu\u1ea5t kh\u1ea9u c\u1ee7a M\u1ef9 c\u0169ng t\u0103ng v\u01b0\u1ee3t d\u1ef1 b\u00e1o.<\/p>\n

\u00c1p l\u1ef1c l\u1ea1m ph\u00e1t ch\u1ee7 y\u1ebfu \u0111\u1ebfn t\u1eeb gi\u00e1 n\u0103ng l\u01b0\u1ee3ng khi c\u0103ng th\u1eb3ng li\u00ean quan t\u1edbi Iran khi\u1ebfn ho\u1ea1t \u0111\u1ed9ng v\u1eadn t\u1ea3i d\u1ea7u qua eo bi\u1ec3n Hormuz b\u1ecb gi\u00e1n \u0111o\u1ea1n. Gi\u00e1 d\u1ea7u t\u0103ng k\u00e9o theo chi ph\u00ed v\u1eadn t\u1ea3i v\u00e0 s\u1ea3n xu\u1ea5t leo thang, bu\u1ed9c Fed ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi b\u00e0i to\u00e1n kh\u00f3 trong vi\u1ec7c ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t.<\/p>\n

Theo c\u00f4ng c\u1ee5 FedWatch t\u00ednh t\u1edbi ng\u00e0y 18\/5, c\u00f3 t\u1edbi 98,6% kh\u1ea3 n\u0103ng Fed s\u1ebd gi\u1eef nguy\u00ean l\u00e3i su\u1ea5t \u1edf m\u1ee9c 3,5-3,75% trong cu\u1ed9c h\u1ecdp th\u00e1ng 6 t\u1edbi. \u0110\u00e1ng ch\u00fa \u00fd, x\u00e1c su\u1ea5t Fed t\u0103ng l\u00e3i su\u1ea5t v\u00e0o cu\u1ed1i n\u0103m 2026 t\u0103ng nhanh l\u00ean g\u1ea7n 39%, cao h\u01a1n nhi\u1ec1u so v\u1edbi kho\u1ea3ng 30% c\u1ee7a cu\u1ed1i tu\u1ea7n tr\u01b0\u1edbc.<\/p>\n

V\u00e0ng s\u1ebd c\u00f2n ch\u1ecbu \u00e1p l\u1ef1c hay s\u1edbm ph\u1ee5c h\u1ed3i?<\/strong><\/p>\n

Di\u1ec5n bi\u1ebfn hi\u1ec7n nay cho th\u1ea5y th\u1ecb tr\u01b0\u1eddng v\u00e0ng to\u00e0n c\u1ea7u \u0111ang b\u01b0\u1edbc v\u00e0o giai \u0111o\u1ea1n nh\u1ea1y c\u1ea3m nh\u1ea5t trong nhi\u1ec1u n\u0103m. Sau th\u1eddi gian d\u00e0i t\u0103ng n\u00f3ng nh\u1edd k\u1ef3 v\u1ecdng Fed n\u1edbi l\u1ecfng ti\u1ec1n t\u1ec7, v\u00e0ng hi\u1ec7n \u0111\u1ed1i m\u1eb7t v\u1edbi nguy c\u01a1 \u0111i\u1ec1u ch\u1ec9nh s\u00e2u khi m\u00f4i tr\u01b0\u1eddng v\u0129 m\u00f4 thay \u0111\u1ed5i.<\/p>\n

L\u00e3i su\u1ea5t cao lu\u00f4n l\u00e0 y\u1ebfu t\u1ed1 b\u1ea5t l\u1ee3i \u0111\u1ed1i v\u1edbi v\u00e0ng v\u00ec kim lo\u1ea1i qu\u00fd n\u00e0y kh\u00f4ng mang l\u1ea1i l\u1ee3i su\u1ea5t. Khi l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu Ch\u00ednh ph\u1ee7 M\u1ef9 t\u0103ng m\u1ea1nh, d\u00f2ng ti\u1ec1n c\u00f3 xu h\u01b0\u1edbng quay tr\u1edf l\u1ea1i \u0111\u1ed3ng USD v\u00e0 tr\u00e1i phi\u1ebfu thay v\u00ec n\u1eb1m \u1edf v\u00e0ng. \u0110\u1ed3ng USD t\u0103ng gi\u00e1 c\u0169ng khi\u1ebfn v\u00e0ng tr\u1edf n\u00ean \u0111\u1eaft \u0111\u1ecf h\u01a1n \u0111\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 n\u1eafm gi\u1eef c\u00e1c \u0111\u1ed3ng ti\u1ec1n kh\u00e1c.<\/p>\n

Kh\u1ea3o s\u00e1t m\u1edbi nh\u1ea5t c\u1ee7a Kitco cho th\u1ea5y gi\u1edbi chuy\u00ean gia Ph\u1ed1 Wall \u0111ang chuy\u1ec3n sang tr\u1ea1ng th\u00e1i bi quan r\u00f5 r\u1ec7t. C\u00f3 t\u1edbi 77% chuy\u00ean gia d\u1ef1 b\u00e1o gi\u00e1 v\u00e0ng ti\u1ebfp t\u1ee5c gi\u1ea3m trong tu\u1ea7n 18-22\/5. Tuy nhi\u00ean, kho\u1ea3ng 59% nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n v\u1eabn k\u1ef3 v\u1ecdng v\u00e0ng c\u00f3 th\u1ec3 ph\u1ee5c h\u1ed3i sau nh\u1ecbp \u0111i\u1ec1u ch\u1ec9nh m\u1ea1nh.<\/p>\n

Nhi\u1ec1u chuy\u00ean gia cho r\u1eb1ng m\u1ed1c 4.500 USD\/ounce \u0111ang l\u00e0 \u201cranh gi\u1edbi s\u1ed1ng c\u00f2n\u201d c\u1ee7a xu h\u01b0\u1edbng gi\u00e1 v\u00e0ng hi\u1ec7n t\u1ea1i. Theo Marc Chandler, n\u1ebfu ng\u01b0\u1ee1ng n\u00e0y b\u1ecb ph\u00e1 v\u1ee1 ho\u00e0n to\u00e0n, v\u00e0ng c\u00f3 th\u1ec3 r\u01a1i s\u00e2u xu\u1ed1ng v\u00f9ng 4.350 USD\/ounce, th\u1eadm ch\u00ed th\u1ea5p h\u01a1n.<\/p>\n

Trong khi \u0111\u00f3, Adrian Day nh\u1eadn \u0111\u1ecbnh tri\u1ec3n v\u1ecdng ng\u1eafn h\u1ea1n c\u1ee7a v\u00e0ng kh\u00e1 ti\u00eau c\u1ef1c do l\u00e3i su\u1ea5t cao, d\u00f9 xu h\u01b0\u1edbng d\u00e0i h\u1ea1n v\u1eabn t\u00edch c\u1ef1c nh\u1edd b\u1ea5t \u1ed5n kinh t\u1ebf to\u00e0n c\u1ea7u v\u00e0 nhu c\u1ea7u mua v\u00e0ng t\u1eeb ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng.<\/p>\n

M\u1ed9t s\u1ed1 \u00fd ki\u1ebfn kh\u00e1c cho r\u1eb1ng th\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 xu\u1ea5t hi\u1ec7n nh\u1ecbp h\u1ed3i k\u1ef9 thu\u1eadt sau \u0111\u1ee3t b\u00e1n th\u00e1o m\u1ea1nh v\u1eeba qua. Tuy nhi\u00ean, xu h\u01b0\u1edbng ch\u00ednh v\u1eabn l\u00e0 gi\u1ea3m khi c\u00e1c \u0111\u1ec9nh gi\u00e1 sau li\u00ean t\u1ee5c th\u1ea5p h\u01a1n \u0111\u1ec9nh tr\u01b0\u1edbc, cho th\u1ea5y phe b\u00e1n v\u1eabn \u0111ang ki\u1ec3m so\u00e1t th\u1ecb tr\u01b0\u1eddng.<\/p>\n

Trong ng\u1eafn h\u1ea1n, gi\u00e1 v\u00e0ng ti\u1ebfp t\u1ee5c ch\u1ecbu t\u00e1c \u0111\u1ed9ng m\u1ea1nh t\u1eeb c\u00e1c d\u1eef li\u1ec7u l\u1ea1m ph\u00e1t M\u1ef9, bi\u00ean b\u1ea3n h\u1ecdp c\u1ee7a Fed v\u00e0 di\u1ec5n bi\u1ebfn gi\u00e1 d\u1ea7u. N\u1ebfu l\u1ea1m ph\u00e1t ti\u1ebfp t\u1ee5c t\u0103ng v\u00e0 Fed ph\u00e1t t\u00edn hi\u1ec7u c\u1ee9ng r\u1eafn h\u01a1n, v\u00e0ng c\u00f3 nguy c\u01a1 m\u1ea5t th\u00eam c\u00e1c v\u00f9ng h\u1ed7 tr\u1ee3 quan tr\u1ecdng nh\u01b0 4.350 USD\/ounce, th\u1eadm ch\u00ed 4.200 USD\/ounce.<\/p>\n

D\u00f9 v\u1eady, v\u1ec1 d\u00e0i h\u1ea1n, v\u00e0ng v\u1eabn c\u00f2n nhi\u1ec1u y\u1ebfu t\u1ed1 h\u1ed7 tr\u1ee3. Xu h\u01b0\u1edbng phi USD h\u00f3a tr\u00ean th\u1ebf gi\u1edbi ch\u01b0a d\u1eebng l\u1ea1i. Nhi\u1ec1u ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng v\u1eabn ti\u1ebfp t\u1ee5c mua v\u00e0ng \u0111\u1ec3 \u0111a d\u1ea1ng h\u00f3a d\u1ef1 tr\u1eef ngo\u1ea1i h\u1ed1i. C\u00e1c r\u1ee7i ro \u0111\u1ecba ch\u00ednh tr\u1ecb t\u1ea1i Trung \u0110\u00f4ng, Nga – Ukraine hay c\u1ea1nh tranh M\u1ef9 – Trung v\u1eabn ti\u1ec1m \u1ea9n nguy c\u01a1 b\u00f9ng ph\u00e1t b\u1ea5t c\u1ee9 l\u00fac n\u00e0o.<\/p>\n

Do \u0111\u00f3, gi\u1edbi ph\u00e2n t\u00edch cho r\u1eb1ng th\u1ecb tr\u01b0\u1eddng v\u00e0ng c\u00f3 th\u1ec3 c\u00f2n bi\u1ebfn \u0111\u1ed9ng r\u1ea5t m\u1ea1nh trong th\u1eddi gian t\u1edbi. Giai \u0111o\u1ea1n t\u0103ng n\u00f3ng k\u00e9o d\u00e0i nhi\u1ec1u n\u0103m c\u00f3 th\u1ec3 \u0111\u00e3 k\u1ebft th\u00fac, nh\u01b0ng kh\u1ea3 n\u0103ng v\u00e0ng b\u01b0\u1edbc v\u00e0o chu k\u1ef3 gi\u1ea3m s\u00e2u k\u00e9o d\u00e0i v\u1eabn ch\u01b0a ho\u00e0n to\u00e0n ch\u1eafc ch\u1eafn khi th\u1ebf gi\u1edbi v\u1eabn \u0111ang \u0111\u1ed1i m\u1eb7t v\u1edbi qu\u00e1 nhi\u1ec1u b\u1ea5t \u1ed5n l\u1edbn.<\/p>\n

M\u1ea1nh H\u00e0<\/a><\/strong><\/p>\n<\/div>\n

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Gi\u00e1 v\u00e0ng gi\u1ea3m m\u1ea1nh do t\u00edn hi\u1ec7u t\u1eeb Fed M\u1edf c\u1eeda phi\u00ean giao d\u1ecbch ng\u00e0y 18\/5 t\u1ea1i ch\u00e2u \u00c1, gi\u00e1 […]<\/p>", "protected": false }, "author": 5, "featured_media": 80606, "comment_status": "open", "ping_status": "open", "sticky": false, "template": "", "format": "standard", "meta": { "_acf_changed": false, "footnotes": "" }, "categories": [ 219 ], "tags": [], "class_list": [ "post-80605", "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\/80605", "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=80605" } ], "version-history": [ { "count": 1, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/80605\/revisions" } ], "predecessor-version": [ { "id": 80785, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/80605\/revisions\/80785" } ], "wp:featuredmedia": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media\/80606" } ], "wp:attachment": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media?parent=80605" } ], "wp:term": [ { "taxonomy": "category", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/categories?post=80605" }, { "taxonomy": "post_tag", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/tags?post=80605" } ], "curies": [ { "name": "wp", "href": "https:\/\/api.w.org\/{rel}", "templated": true } ] } }