{"id":52903,"date":"2025-10-27T13:38:34","date_gmt":"2025-10-27T06:38:34","guid":{"rendered":"https:\/\/hbbgroup.net\/gia-vang-the-gioi-bien-dong-kho-luong-du-bao-cho-nam-2026\/"},"modified":"2025-10-27T13:38:34","modified_gmt":"2025-10-27T06:38:34","slug":"gia-vang-the-gioi-bien-dong-kho-luong-du-bao-cho-nam-2026","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/gia-vang-the-gioi-bien-dong-kho-luong-du-bao-cho-nam-2026\/","title":{"rendered":"Gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi bi\u1ebfn \u0111\u1ed9ng kh\u00f3 l\u01b0\u1eddng: D\u1ef1 b\u00e1o cho n\u0103m 2026"},"content":{"rendered":"
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Bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh ch\u01b0a t\u1eebng c\u00f3<\/strong><\/p>\n

Tu\u1ea7n giao d\u1ecbch t\u1eeb 20-24\/10 ch\u1ee9ng ki\u1ebfn nh\u1eefng di\u1ec5n bi\u1ebfn b\u1ea5t th\u01b0\u1eddng tr\u00ean th\u1ecb tr\u01b0\u1eddng v\u00e0ng th\u1ebf gi\u1edbi. Gi\u00e1 v\u00e0ng<\/a> giao ngay v\u1ecdt l\u00ean \u0111\u1ec9nh l\u1ecbch s\u1eed 4.381 USD\/ounce v\u00e0o ng\u00e0y 20\/10, n\u00e2ng m\u1ee9c t\u0103ng t\u1eeb \u0111\u1ea7u n\u0103m l\u00ean h\u01a1n 67%, v\u01b0\u1ee3t xa k\u1ef3 v\u1ecdng c\u1ee7a nhi\u1ec1u chuy\u00ean gia. Tuy nhi\u00ean, ch\u1ec9 trong hai phi\u00ean 21-22\/10, gi\u00e1 v\u00e0ng b\u1ea5t ng\u1edd gi\u1ea3m h\u00e0ng tr\u0103m USD, c\u00f3 l\u00fac v\u1ec1 s\u00e1t m\u1ed1c 4.000 USD\/ounce.<\/p>\n

S\u1ef1 \u0111\u1ea3o chi\u1ec1u n\u00e0y ph\u1ea3n \u00e1nh \u00e1p l\u1ef1c ch\u1ed1t l\u1eddi m\u1ea1nh m\u1ebd t\u1eeb c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0, khi th\u1ecb tr\u01b0\u1eddng chuy\u1ec3n t\u1eeb tr\u1ea1ng th\u00e1i “FOMO” (h\u1ed9i ch\u1ee9ng s\u1ee3 b\u1ecf l\u1ee1) sang lo ng\u1ea1i “margin call” (b\u00e1n gi\u1ea3i ch\u1ea5p k\u00fd qu\u1ef9).<\/p>\n

M\u1edf c\u1eeda phi\u00ean giao d\u1ecbch 23\/10 tr\u00ean s\u00e0n New York (t\u1ed1i 23\/10, gi\u1edd Vi\u1ec7t Nam), gi\u00e1 v\u00e0ng b\u1eadt t\u0103ng tr\u1edf l\u1ea1i th\u00eam h\u01a1n 55 USD, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng kho\u1ea3ng 1,3%, l\u00ean ng\u01b0\u1ee1ng 4.155 USD\/ounce (132,6 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng). S\u1ef1 ph\u1ee5c h\u1ed3i n\u00e0y \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi c\u00e1c l\u1ec7nh tr\u1eebng ph\u1ea1t m\u1edbi c\u1ee7a M\u1ef9 nh\u1eafm v\u00e0o Nga, c\u00f9ng g\u00f3i tr\u1eebng ph\u1ea1t th\u1ee9 19 c\u1ee7a ch\u00e2u \u00c2u \u0111\u1ed1i v\u1edbi Moscow.\u00a0<\/p>\n

T\u1ea1i Vi\u1ec7t Nam, gi\u00e1 v\u00e0ng v\u1eabn neo s\u00e1t \u0111\u1ec9nh l\u1ecbch s\u1eed: v\u00e0ng mi\u1ebfng SJC b\u00e1n ra quanh 150 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng, trong khi v\u00e0ng nh\u1eabn t\u1ea1i m\u1ed9t s\u1ed1 n\u01a1i ch\u1ea1m 154 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng, cho th\u1ea5y nhu c\u1ea7u tr\u00fa \u1ea9n cao.<\/p>\n

D\u00f2ng ti\u1ec1n \u0111\u1ea7u c\u01a1 chi ph\u1ed1i th\u1ecb tr\u01b0\u1eddng<\/strong><\/p>\n

Theo H\u1ed9i \u0111\u1ed3ng V\u00e0ng Th\u1ebf gi\u1edbi (WGC), th\u1ecb tr\u01b0\u1eddng v\u00e0ng \u0111ang b\u01b0\u1edbc v\u00e0o giai \u0111o\u1ea1n bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh khi d\u00f2ng ti\u1ec1n \u0111\u1ea7u c\u01a1 \u0111\u1ed5 v\u00e0o \u1ed3 \u1ea1t, d\u1ea7n thay th\u1ebf vai tr\u00f2 mua v\u00e0o \u1ed5n \u0111\u1ecbnh c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng v\u00e0 qu\u1ef9 ETF v\u00e0ng – nh\u1eefng \u201cc\u00e1 m\u1eadp\u201d t\u1eebng chi ph\u1ed1i xu h\u01b0\u1edbng t\u1eeb n\u0103m 2024.<\/p>\n

Chi\u1ebfn l\u01b0\u1ee3c gia c\u1ea5p cao John Reade c\u1ee7a WGC nh\u1eadn \u0111\u1ecbnh: \u201cD\u00f2ng ti\u1ec1n \u0111\u1ea7u c\u01a1 khi\u1ebfn th\u1ecb tr\u01b0\u1eddng tr\u1edf n\u00ean kh\u00f3 \u0111o\u00e1n h\u01a1n, c\u00f3 th\u1ec3 d\u1eabn t\u1edbi c\u00e1c \u0111\u1ee3t b\u00e1n th\u00e1o m\u1ea1nh nh\u01b0 c\u00fa gi\u1ea3m 5-6% ng\u00e0y 22\/10 v\u1eeba qua\u201d.<\/p>\n

Tr\u01b0\u1edbc \u0111\u00f3, ch\u00ednh d\u00f2ng ti\u1ec1n n\u00e0y \u0111\u00e3 \u0111\u1ea9y gi\u00e1 v\u00e0ng v\u01b0\u1ee3t qua c\u00e1c ng\u01b0\u1ee1ng t\u00e2m l\u00fd 3.000 v\u00e0 4.000 USD\/ounce, nh\u01b0ng c\u0169ng d\u1ec5 g\u00e2y ra c\u00e1c nh\u1ecbp ch\u1ed1t l\u1eddi \u0111\u1ed9t ng\u1ed9t khi t\u00e2m l\u00fd s\u1ee3 h\u00e3i lan r\u1ed9ng.<\/p>\n

\"giavang<\/picture>
Gi\u00e1 v\u00e0ng \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o t\u0103ng ti\u1ebfp trong n\u0103m 2026. \u1ea2nh: HH<\/em><\/figcaption><\/figure>\n

Trong b\u1ed1i c\u1ea3nh c\u0103ng th\u1eb3ng th\u01b0\u01a1ng m\u1ea1i M\u1ef9 – Trung leo thang, v\u1edbi cu\u1ed9c h\u1ecdp d\u1ef1 ki\u1ebfn t\u1ea1i Kuala Lumpur v\u00e0 th\u1eddi h\u1ea1n \u0111\u00ecnh chi\u1ebfn k\u1ebft th\u00fac v\u00e0o ng\u00e0y 10\/11, c\u00f9ng nh\u1eefng \u0111i\u1ec3m n\u00f3ng \u0111\u1ecba ch\u00ednh tr\u1ecb to\u00e0n c\u1ea7u, gi\u00e1 v\u00e0ng \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o s\u1ebd c\u00f2n ti\u1ebfp t\u1ee5c bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh cho \u0111\u1ebfn cu\u1ed1i n\u0103m.<\/p>\n

Theo c\u00e1c chuy\u00ean gia tr\u00ean Kitco, d\u00f9 \u00e1p l\u1ef1c ch\u1ed1t l\u1eddi ng\u1eafn h\u1ea1n gia t\u0103ng, xu h\u01b0\u1edbng d\u00e0i h\u1ea1n c\u1ee7a v\u00e0ng v\u1eabn \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi k\u1ef3 v\u1ecdng C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (Fed) n\u1edbi l\u1ecfng ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 v\u00e0 nhu c\u1ea7u tr\u00fa \u1ea9n an to\u00e0n. Ch\u1ec9 s\u1ed1 RSI (Relative Strength Index) c\u1ee7a v\u00e0ng \u0111\u00e3 quay v\u1ec1 tr\u1ea1ng th\u00e1i \u201cc\u00e2n b\u1eb1ng\u201d sau b\u1ea3y tu\u1ea7n \u201cqu\u00e1 mua\u201d, cho th\u1ea5y th\u1ecb tr\u01b0\u1eddng \u0111ang t\u00edch l\u0169y tr\u01b0\u1edbc m\u1ed9t chu k\u1ef3 t\u0103ng gi\u00e1 m\u1edbi.<\/p>\n

K\u1ef3 v\u1ecdng v\u00e0ng c\u00f3 th\u1ec3 \u0111\u1ea1t 5.000 USD\/ounce v\u00e0o n\u0103m 2026<\/strong><\/p>\n

Nhi\u1ec1u t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh qu\u1ed1c t\u1ebf v\u1eabn gi\u1eef quan \u0111i\u1ec3m l\u1ea1c quan v\u1ec1 tri\u1ec3n v\u1ecdng gi\u00e1 v\u00e0ng trong trung v\u00e0 d\u00e0i h\u1ea1n.<\/p>\n

J.P. Morgan v\u1eeba c\u00f4ng b\u1ed1 b\u00e1o c\u00e1o d\u1ef1 b\u00e1o gi\u00e1 v\u00e0ng trung b\u00ecnh \u0111\u1ea1t 5.055 USD\/ounce v\u00e0o qu\u00fd IV\/2026 (t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 161 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng), nh\u1edd nhu c\u1ea7u mua v\u00e0ng m\u1ea1nh m\u1ebd t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng – trung b\u00ecnh 566 t\u1ea5n m\u1ed7i qu\u00fd – c\u00f9ng chu k\u1ef3 h\u1ea1 l\u00e3i su\u1ea5t c\u1ee7a Fed.<\/p>\n

Ng\u00e2n h\u00e0ng n\u00e0y c\u0169ng d\u1ef1 b\u00e1o gi\u00e1 v\u00e0ng c\u00f3 th\u1ec3 ch\u1ea1m 6.000 USD\/ounce (kho\u1ea3ng 191 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng) v\u00e0o n\u0103m 2028, trong b\u1ed1i c\u1ea3nh lo ng\u1ea1i l\u1ea1m ph\u00e1t v\u00e0 nguy c\u01a1 suy tho\u00e1i kinh t\u1ebf to\u00e0n c\u1ea7u.<\/p>\n

Tr\u01b0\u1edbc \u0111\u00f3, m\u1ed9t chuy\u00ean gia c\u1ee7a JP Morgan th\u1eadm ch\u00ed cho r\u1eb1ng gi\u00e1 v\u00e0ng c\u00f3 th\u1ec3 s\u1edbm l\u00ean ng\u01b0\u1ee1ng 5.000-10.000 USD\/ounce (319 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng).<\/p>\n

T\u01b0\u01a1ng t\u1ef1, Ng\u00e2n h\u00e0ng UBS d\u1ef1 b\u00e1o v\u00e0ng l\u00ean 4.700 USD\/ounce v\u00e0o qu\u00fd I\/2026, Goldman Sachs nh\u1eafm ng\u01b0\u1ee1ng 4.900 USD\/ounce cho cu\u1ed1i 2026 v\u00e0 Bank of America \u0111\u1eb7t m\u1ee5c ti\u00eau 5.000 USD\/ounce trong n\u0103m 2026.<\/p>\n

C\u00f3 th\u1ec3 th\u1ea5y, c\u00f3 nhi\u1ec1u y\u1ebfu t\u1ed1 h\u1ed7 tr\u1ee3 v\u00e0ng t\u0103ng gi\u00e1 trong th\u1eddi gian t\u1edbi, bao g\u1ed3m:<\/p>\n

Th\u1ee9 nh\u1ea5t<\/em>, theo H\u1ed9i \u0111\u1ed3ng V\u00e0ng Th\u1ebf gi\u1edbi (WGC), \u0111\u00f3 l\u00e0 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 n\u1edbi l\u1ecfng c\u1ee7a Fed, v\u1edbi k\u1ef3 v\u1ecdng c\u1eaft gi\u1ea3m th\u00eam 50-75 \u0111i\u1ec3m c\u01a1 b\u1ea3n \u0111\u1ebfn n\u0103m 2026, l\u00e0m gi\u1ea3m l\u1ee3i su\u1ea5t th\u1ef1c v\u00e0 y\u1ebfu USD. M\u1ed7i 100 \u0111i\u1ec3m c\u01a1 b\u1ea3n gi\u1ea3m l\u1ee3i su\u1ea5t th\u1ef1c c\u00f3 th\u1ec3 \u0111\u1ea9y gi\u00e1 v\u00e0ng l\u00ean 10-15%.<\/p>\n

Th\u1ee9 hai<\/em>, ho\u1ea1t \u0111\u1ed9ng mua v\u00e0ng t\u1eeb ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng r\u1ea5t m\u1ea1nh v\u00e0 v\u1eabn \u0111ang \u0111\u01b0\u1ee3c duy tr\u00ec. Th\u1ee9 ba, c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb v\u00e0 th\u01b0\u01a1ng m\u1ea1i, nh\u01b0 thu\u1ebf quan M\u1ef9 – Trung v\u00e0 tr\u1eebng ph\u1ea1t Nga, th\u00fac \u0111\u1ea9y \u0111a d\u1ea1ng h\u00f3a d\u1ef1 tr\u1eef.<\/p>\n

Cu\u1ed1i c\u00f9ng<\/em>, l\u1ea1m ph\u00e1t dai d\u1eb3ng v\u00e0 n\u1ee3 c\u00f4ng to\u00e0n c\u1ea7u, v\u1edbi n\u1ee3 M\u1ef9 v\u01b0\u1ee3t 38 ngh\u00ecn t\u1ef7 USD, l\u00e0m v\u00e0ng tr\u1edf th\u00e0nh h\u00e0ng r\u00e0o ch\u1ed1ng suy gi\u1ea3m ti\u1ec1n t\u1ec7.<\/p>\n

D\u00f9 r\u1ee7i ro ng\u1eafn h\u1ea1n v\u1eabn hi\u1ec7n h\u1eefu, v\u00e0ng ti\u1ebfp t\u1ee5c \u0111\u01b0\u1ee3c xem l\u00e0 t\u00e0i s\u1ea3n chi\u1ebfn l\u01b0\u1ee3c trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 to\u00e0n c\u1ea7u n\u0103m 2026. C\u00e1c d\u1ef1 b\u00e1o \u0111\u1ed3ng thu\u1eadn t\u1eeb c\u00e1c t\u1ed5 ch\u1ee9c l\u1edbn cho th\u1ea5y ti\u1ec1m n\u0103ng t\u0103ng gi\u00e1 c\u1ee7a kim lo\u1ea1i qu\u00fd n\u00e0y v\u1eabn r\u1ea5t \u0111\u00e1ng k\u1ec3 – nh\u1ea5t l\u00e0 trong b\u1ed1i c\u1ea3nh th\u1ebf gi\u1edbi \u0111\u1ee9ng tr\u01b0\u1edbc chu k\u1ef3 \u0111i\u1ec1u ch\u1ec9nh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 m\u1edbi v\u00e0 nh\u1eefng b\u1ea5t \u0111\u1ecbnh \u0111\u1ecba ch\u00ednh tr\u1ecb ng\u00e0y c\u00e0ng l\u1edbn.<\/p>\n

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Gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi gi\u1ea3m k\u1ef7 l\u1ee5c: C\u1eaft \u0111\u1ee9t chu k\u1ef3 t\u0103ng hay \u0111\u1ee3t \u2018ngh\u1ec9 ng\u01a1i\u2019 t\u1ea1m th\u1eddi?<\/a>Gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi v\u1eeba ch\u1ee9ng ki\u1ebfn m\u1ed9t phi\u00ean gi\u1ea3m ch\u01b0a t\u1eebng c\u00f3, b\u1ed1c h\u01a1i 270 USD, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 6,2% trong v\u00e0i gi\u1edd \u0111\u1ed3ng h\u1ed3. V\u1eady \u0111\u00e2y l\u00e0 b\u01b0\u1edbc ngo\u1eb7t \u0111\u1ea3o chi\u1ec1u xu h\u01b0\u1edbng hay ch\u1ec9 l\u00e0 m\u1ed9t \u0111\u1ee3t \u0111i\u1ec1u ch\u1ec9nh ng\u1eafn h\u1ea1n?<\/span><\/p>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"

Bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh ch\u01b0a t\u1eebng c\u00f3 Tu\u1ea7n giao d\u1ecbch t\u1eeb 20-24\/10 ch\u1ee9ng ki\u1ebfn nh\u1eefng di\u1ec5n bi\u1ebfn b\u1ea5t th\u01b0\u1eddng tr\u00ean th\u1ecb […]<\/p>","protected":false},"author":5,"featured_media":52904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[219],"tags":[],"class_list":["post-52903","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\/52903","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=52903"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/52903\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media\/52904"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=52903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=52903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=52903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}