{"id":49332,"date":"2025-09-26T16:13:58","date_gmt":"2025-09-26T09:13:58","guid":{"rendered":"https:\/\/hbbgroup.net\/aposdai-giaapos-tham-lang-nam-giu-hon-3-600-tan-vang\/"},"modified":"2025-09-26T16:13:58","modified_gmt":"2025-09-26T09:13:58","slug":"aposdai-giaapos-tham-lang-nam-giu-hon-3-600-tan-vang","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/aposdai-giaapos-tham-lang-nam-giu-hon-3-600-tan-vang\/","title":{"rendered":"'\u0110\u1ea1i gia' th\u1ea7m l\u1eb7ng n\u1eafm gi\u1eef h\u01a1n 3.600 t\u1ea5n v\u00e0ng"},"content":{"rendered":"
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Theo d\u1eef li\u1ec7u c\u1ee7a H\u1ed9i \u0111\u1ed3ng V\u00e0ng Th\u1ebf gi\u1edbi (WGC), qu\u1ef9 giao d\u1ecbch ho\u00e1n \u0111\u1ed5i (ETF) v\u00e0ng \u0111\u01b0\u1ee3c b\u1ea3o ch\u1ee9ng b\u1eb1ng v\u00e0ng v\u1eadt ch\u1ea5t ti\u1ebfp t\u1ee5c ghi nh\u1eadn giao d\u1ecbch b\u00f9ng n\u1ed5 trong th\u00e1ng 8. D\u00f2ng v\u1ed1n ch\u1ea3y v\u00e0o c\u00e1c qu\u1ef9 n\u00e0y \u0111\u1ea1t 5,5 t\u1ef7 USD, \u0111\u00e1nh d\u1ea5u th\u00e1ng th\u1ee9 ba li\u00ean ti\u1ebfp t\u0103ng tr\u01b0\u1edfng. \u0110\u00e2y c\u0169ng l\u00e0 m\u1ed9t trong nh\u1eefng th\u00e1ng s\u00f4i \u0111\u1ed9ng nh\u1ea5t c\u1ee7a th\u1ecb tr\u01b0\u1eddng ETF v\u00e0ng trong nhi\u1ec1u n\u0103m qua.<\/p>\n

T\u1ed5ng t\u00e0i s\u1ea3n qu\u1ea3n l\u00fd (AUM) c\u1ee7a c\u00e1c qu\u1ef9 ETF v\u00e0ng to\u00e0n c\u1ea7u \u0111\u00e3 t\u0103ng 5% so v\u1edbi th\u00e1ng tr\u01b0\u1edbc, l\u00ean 407 t\u1ef7 USD, m\u1ee9c cao k\u1ef7 l\u1ee5c t\u1eeb tr\u01b0\u1edbc \u0111\u1ebfn nay. L\u01b0\u1ee3ng v\u00e0ng n\u1eafm gi\u1eef t\u0103ng th\u00eam 53 t\u1ea5n, \u0111\u1ea1t 3.692 t\u1ea5n – l\u1edbn nh\u1ea5t k\u1ec3 t\u1eeb th\u00e1ng 7\/2022 v\u00e0 ch\u1ec9 k\u00e9m 6% so v\u1edbi \u0111\u1ec9nh 3.929 t\u1ea5n \u0111\u01b0\u1ee3c thi\u1ebft l\u1eadp v\u00e0o th\u00e1ng 11\/2020.<\/p>\n

T\u00ednh t\u1eeb \u0111\u1ea7u n\u0103m 2025, d\u00f2ng v\u1ed1n v\u00e0o c\u00e1c qu\u1ef9 ETF v\u00e0ng \u0111\u1ea1t t\u1ed5ng c\u1ed9ng 47 t\u1ef7 USD, cao th\u1ee9 hai trong l\u1ecbch s\u1eed, ch\u1ec9 x\u1ebfp sau giai \u0111o\u1ea1n \u0111\u1ec9nh \u0111i\u1ec3m d\u1ecbch b\u1ec7nh to\u00e0n c\u1ea7u n\u0103m 2020.\u00a0<\/p>\n

\"gia<\/picture>
N\u1eafm gi\u1eef 3.692 t\u1ea5n v\u00e0ng, qu\u1ef9 ETF tr\u1edf th\u00e0nh \u201c\u0111\u1ea1i gia\u201d quy\u1ec1n l\u1ef1c nh\u1ea5t th\u1ecb tr\u01b0\u1eddng. \u1ea2nh: Kitco<\/figcaption><\/figure>\n

T\u1ea1i B\u1eafc M\u1ef9, c\u00e1c qu\u1ef9 ETF v\u00e0ng \u0111\u00e3 h\u00fat r\u00f2ng 4,1 t\u1ef7 USD trong th\u00e1ng 8, duy tr\u00ec chu\u1ed7i 3 th\u00e1ng t\u0103ng tr\u01b0\u1edfng li\u00ean ti\u1ebfp. \u1ede ch\u00e2u \u00c2u, d\u00f2ng v\u1ed1n ti\u1ebfp t\u1ee5c duy tr\u00ec \u0111\u00e0 t\u00edch c\u1ef1c trong th\u00e1ng 8 v\u1edbi 1,9 t\u1ef7 USD, \u0111\u00e1nh d\u1ea5u 4 th\u00e1ng li\u00ean ti\u1ebfp t\u0103ng tr\u01b0\u1edfng. Anh, Th\u1ee5y S\u0129 v\u00e0 \u0110\u1ee9c l\u00e0 nh\u1eefng qu\u1ed1c gia d\u1eabn \u0111\u1ea7u.<\/p>\n

Trong th\u00e1ng 8, qu\u1ef9 SPDR Gold Shares (M\u1ef9) ti\u1ebfp t\u1ee5c gi\u1eef ng\u00f4i v\u01b0\u01a1ng khi h\u00fat v\u1ec1 2,57 t\u1ef7 USD, n\u00e2ng l\u01b0\u1ee3ng v\u00e0ng n\u1eafm gi\u1eef l\u00ean 977 t\u1ea5n – chi\u1ebfm kho\u1ea3ng 26,5% t\u1ed5ng v\u00e0ng n\u1eafm gi\u1eef c\u1ee7a c\u00e1c qu\u1ef9 to\u00e0n c\u1ea7u.<\/p>\n

\u0110\u1ee9ng th\u1ee9 hai l\u00e0 iShares Physical Gold ETC (Anh) v\u1edbi 877 tri\u1ec7u USD, theo sau l\u00e0 iShares Gold Trust (M\u1ef9) v\u1edbi g\u1ea7n 697 tri\u1ec7u USD.<\/p>\n

Hai v\u1ecb tr\u00ed c\u00f2n l\u1ea1i trong top 5 thu\u1ed9c v\u1ec1 Invesco Physical Gold ETC (Anh) v\u1edbi 632 tri\u1ec7u USD v\u00e0 SPDR Gold MiniShares Trust (M\u1ef9) v\u1edbi 437 tri\u1ec7u USD.<\/p>\n

Nh\u01b0 v\u1eady, M\u1ef9 chi\u1ebfm ba trong n\u0103m v\u1ecb tr\u00ed d\u1eabn \u0111\u1ea7u, kh\u1eb3ng \u0111\u1ecbnh vai tr\u00f2 trung t\u00e2m c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ea1i qu\u1ed1c gia n\u00e0y, trong khi ch\u00e2u \u00c2u c\u0169ng ch\u1ee9ng t\u1ecf s\u1ee9c m\u1ea1nh \u0111\u00e1ng k\u1ec3 trong vi\u1ec7c duy tr\u00ec nhu c\u1ea7u v\u00e0ng.<\/p>\n

\"10<\/picture>
<\/figcaption><\/figure>\n
\"danh<\/picture>
C\u00e1c qu\u1ef9 ETF giao d\u1ecbch v\u00e0ng. Ngu\u1ed3n: WGC<\/figcaption><\/figure>\n

B\u00ean c\u1ea1nh d\u00f2ng v\u1ed1n ETF, ho\u1ea1t \u0111\u1ed9ng giao d\u1ecbch v\u00e0ng tr\u00ean to\u00e0n c\u1ea7u duy tr\u00ec m\u1ee9c cao. Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch trung b\u00ecnh \u0111\u1ea1t 290 t\u1ef7 USD m\u1ed7i ng\u00e0y, ch\u1ec9 gi\u1ea3m nh\u1eb9 2% so v\u1edbi th\u00e1ng tr\u01b0\u1edbc. Trong khi \u0111\u00f3, giao d\u1ecbch phi t\u1eadp trung (OTC) t\u0103ng m\u1ea1nh l\u00ean 171 t\u1ef7 USD\/ng\u00e0y, v\u01b0\u1ee3t xa m\u1ee9c trung b\u00ecnh n\u0103m 2024 l\u00e0 128 t\u1ef7 USD.<\/p>\n

Tr\u00ean th\u1ecb tr\u01b0\u1eddng h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai COMEX, t\u1ed5ng v\u1ecb th\u1ebf mua r\u00f2ng gi\u1ea3m 3,4%, nh\u01b0ng c\u00e1c nh\u00e0 qu\u1ea3n l\u00fd qu\u1ef9 l\u1ea1i t\u0103ng v\u1ecb th\u1ebf mua 3,7% l\u00ean 461 t\u1ea5n.\u00a0<\/p>\n

Theo c\u00e1c chuy\u00ean gia WGC, th\u01b0\u01a1ng m\u1ea1i to\u00e0n c\u1ea7u v\u1eabn c\u0103ng th\u1eb3ng, xung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb gia t\u0103ng v\u00e0 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf ch\u1eadm l\u1ea1i t\u1ea1i nhi\u1ec1u n\u1ec1n kinh t\u1ebf l\u1edbn khi\u1ebfn t\u00e2m l\u00fd ph\u00f2ng th\u1ee7 c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 l\u00ean cao. Trong m\u00f4i tr\u01b0\u1eddng r\u1ee7i ro n\u00e0y, v\u00e0ng \u0111ang kh\u1eb3ng \u0111\u1ecbnh vai tr\u00f2 l\u00e0 \u201ch\u1ea7m tr\u00fa \u1ea9n\u201d h\u00e0ng \u0111\u1ea7u c\u1ee7a d\u00f2ng v\u1ed1n qu\u1ed1c t\u1ebf.<\/p>\n

\u0110\u1ed3ng USD suy y\u1ebfu \u0111ang tr\u1edf th\u00e0nh \u201cc\u00fa h\u00edch\u201d cho c\u00e1c qu\u1ef9 ETF v\u00e0ng. Khi USD gi\u1ea3m gi\u00e1, v\u00e0ng – v\u1ed1n \u0111\u1ecbnh gi\u00e1 b\u1eb1ng \u0111\u1ed3ng b\u1ea1c xanh – tr\u1edf n\u00ean r\u1ebb h\u01a1n v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 qu\u1ed1c t\u1ebf, k\u00edch th\u00edch d\u00f2ng v\u1ed1n ch\u1ea3y m\u1ea1nh v\u00e0o c\u00e1c qu\u1ef9. \u0110\u1ed3ng th\u1eddi, tri\u1ec3n v\u1ecdng l\u00e3i su\u1ea5t M\u1ef9 gi\u1ea3m c\u0169ng l\u00e0m chi ph\u00ed c\u01a1 h\u1ed9i n\u1eafm gi\u1eef v\u00e0ng th\u1ea5p h\u01a1n, khi\u1ebfn ETF v\u00e0ng ti\u1ebfp t\u1ee5c \u0111\u01b0\u1ee3c \u01b0u ti\u00ean nh\u01b0 k\u00eanh tr\u00fa \u1ea9n an to\u00e0n.<\/p>\n

T\u1eeb \u0111\u1ea7u n\u0103m 2025 \u0111\u1ebfn nay, gi\u00e1 v\u00e0ng<\/a> th\u1ebf gi\u1edbi \u0111\u00e3 t\u0103ng m\u1ea1nh kho\u1ea3ng 42%, t\u1eeb m\u1ee9c 2.624 USD\/ounce l\u00ean 3.724 USD\/ounce. \u0110\u1ec9nh cao ghi nh\u1eadn v\u00e0o ng\u00e0y 23\/9, \u1edf m\u1ee9c 3.755 USD\/ounce, cao nh\u1ea5t t\u1eeb tr\u01b0\u1edbc \u0111\u1ebfn nay.<\/p>\n

\u0110\u00e0 t\u0103ng \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi \u0111\u1ed3ng USD suy y\u1ebfu, Fed c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t (25 \u0111i\u1ec3m c\u01a1 b\u1ea3n trong th\u00e1ng 9), c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb gia t\u0103ng v\u00e0 d\u00f2ng v\u1ed1n k\u1ef7 l\u1ee5c 47 t\u1ef7 USD \u0111\u1ed5 v\u00e0o c\u00e1c qu\u1ef9 ETF v\u00e0ng.<\/p>\n

D\u1ef1 b\u00e1o cu\u1ed1i n\u0103m, gi\u00e1 v\u00e0ng c\u00f3 th\u1ec3 ch\u1ea1m 3.800-4.000 USD\/ounce n\u1ebfu xu h\u01b0\u1edbng hi\u1ec7n t\u1ea1i ti\u1ebfp di\u1ec5n.<\/p>\n

Trong ng\u1eafn h\u1ea1n, gi\u00e1 v\u00e0ng c\u00f3 nhi\u1ec1u kh\u1ea3 n\u0103ng duy tr\u00ec \u0111\u00e0 t\u0103ng khi \u0111\u1ed3ng USD ti\u1ebfp t\u1ee5c suy y\u1ebfu v\u00e0 th\u1ecb tr\u01b0\u1eddng k\u1ef3 v\u1ecdng C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (Fed) s\u1ebd c\u1eaft gi\u1ea3m th\u00eam l\u00e3i su\u1ea5t. \u0110i\u1ec1u n\u00e0y v\u1eeba gi\u1ea3m chi ph\u00ed c\u01a1 h\u1ed9i n\u1eafm gi\u1eef v\u00e0ng, v\u1eeba th\u00fac \u0111\u1ea9y d\u00f2ng v\u1ed1n ETF ti\u1ebfp t\u1ee5c ch\u1ea3y m\u1ea1nh.<\/p>\n

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

Gi\u00e1 v\u00e0ng t\u0103ng n\u00f3ng, ‘c\u00e1 m\u1eadp’ c\u00f2n m\u1ea1nh tay gom v\u00e0ng?<\/a>Theo b\u00e1o c\u00e1o c\u1ee7a H\u1ed9i \u0111\u1ed3ng V\u00e0ng Th\u1ebf gi\u1edbi (WGC), t\u1ed1c \u0111\u1ed9 mua v\u00e0ng c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng – nh\u1eefng \u201cc\u00e1 m\u1eadp\u201d tr\u00ean th\u1ecb tr\u01b0\u1eddng – \u0111ang ch\u1eadm l\u1ea1i do gi\u00e1 v\u00e0ng t\u0103ng cao.<\/span><\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Theo d\u1eef li\u1ec7u c\u1ee7a H\u1ed9i \u0111\u1ed3ng V\u00e0ng Th\u1ebf gi\u1edbi (WGC), qu\u1ef9 giao d\u1ecbch ho\u00e1n \u0111\u1ed5i (ETF) v\u00e0ng \u0111\u01b0\u1ee3c b\u1ea3o ch\u1ee9ng […]<\/p>","protected":false},"author":5,"featured_media":49333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[219],"tags":[],"class_list":["post-49332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vang"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/49332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=49332"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/49332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/49333"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=49332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=49332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=49332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}