{"id":52652,"date":"2025-10-23T09:56:56","date_gmt":"2025-10-23T02:56:56","guid":{"rendered":"https:\/\/hbbgroup.net\/gia-vang-the-gioi-giam-ky-luc-cat-dut-chu-ky-tang-hay-dot-nghi-ngoi-tam-thoi\/"},"modified":"2025-10-23T09:56:56","modified_gmt":"2025-10-23T02:56:56","slug":"gia-vang-the-gioi-giam-ky-luc-cat-dut-chu-ky-tang-hay-dot-nghi-ngoi-tam-thoi","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/gia-vang-the-gioi-giam-ky-luc-cat-dut-chu-ky-tang-hay-dot-nghi-ngoi-tam-thoi\/","title":{"rendered":"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?"},"content":{"rendered":"
\n

V\u00e0ng th\u1ebf gi\u1edbi gi\u1ea3m s\u1ed1c<\/strong><\/p>\n

Th\u1ecb tr\u01b0\u1eddng v\u00e0ng to\u00e0n c\u1ea7u tr\u1ea3i qua m\u1ed9t phi\u00ean giao d\u1ecbch \u0111\u1ea7y bi\u1ebfn \u0111\u1ed9ng v\u00e0o ng\u00e0y 21\/10, khi gi\u00e1 v\u00e0ng giao ngay tr\u00ean s\u00e0n New York (t\u1ed1i 21\/10 gi\u1edd Vi\u1ec7t Nam) lao d\u1ed1c m\u1ea1nh m\u1ebd. Ch\u1ec9 trong v\u00e0i gi\u1edd, gi\u00e1 v\u00e0ng m\u1ea5t t\u1edbi 270 USD\/ounce, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng m\u1ee9c gi\u1ea3m h\u01a1n 6,2% v\u00e0 kho\u1ea3ng 8,6 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng. \u0110\u00e2y l\u00e0 m\u1ee9c gi\u1ea3m k\u1ef7 l\u1ee5c trong l\u1ecbch s\u1eed bi\u1ebfn \u0111\u1ed9ng gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi ch\u1ec9 trong kho\u1ea3ng th\u1eddi gian ng\u1eafn nh\u01b0 v\u1eady.<\/p>\n

Tr\u01b0\u1edbc \u0111\u00f3, gi\u00e1 v\u00e0ng<\/a> \u0111\u00e3 l\u1eadp \u0111\u1ec9nh l\u1ecbch s\u1eed t\u1ea1i 4.380 USD\/ounce (t\u01b0\u01a1ng \u0111\u01b0\u01a1ng kho\u1ea3ng 140 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng) trong c\u00e1c phi\u00ean giao d\u1ecbch ng\u00e0y 17 v\u00e0 20\/10. S\u1ef1 s\u1ee5t gi\u1ea3m \u0111\u1ed9t ng\u1ed9t n\u00e0y x\u1ea3y ra sau m\u1ed9t chu\u1ed7i t\u0103ng gi\u00e1 \u1ea5n t\u01b0\u1ee3ng.<\/p>\n

Ch\u1ec9 t\u00ednh t\u1eeb \u0111\u1ea7u th\u00e1ng 9 \u0111\u1ebfn ng\u00e0y 20\/10, gi\u00e1 v\u00e0ng \u0111\u00e3 t\u0103ng th\u00eam g\u1ea7n 1.000 USD\/ounce, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng m\u1ee9c t\u0103ng 29%. C\u00f2n n\u1ebfu t\u00ednh t\u1eeb \u0111\u1ea7u n\u0103m 2025 \u0111\u1ebfn tr\u01b0\u1edbc phi\u00ean gi\u1ea3m, gi\u00e1 v\u00e0ng \u0111\u00e3 t\u0103ng 67%, n\u1ed1i ti\u1ebfp \u0111\u00e0 t\u0103ng 27% c\u1ee7a n\u0103m 2024. T\u1ed5ng th\u1ec3, v\u00e0ng \u0111\u00e3 v\u01b0\u1ee3t tr\u1ed9i h\u01a1n c\u1ea3 c\u1ed5 phi\u1ebfu ng\u00e0nh tr\u00ed tu\u1ec7 nh\u00e2n t\u1ea1o (AI) v\u1ed1n s\u1ed1t n\u00f3ng trong n\u0103m 2025 nh\u01b0 Nvidia (t\u0103ng 34%) v\u00e0 ch\u1ec9 s\u1ed1 Nasdaq-100 (t\u0103ng 19%).<\/p>\n

Sang \u0111\u1ea7u gi\u1edd s\u00e1ng 22\/10 tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u00e2u \u00c1, gi\u00e1 v\u00e0ng ti\u1ebfp t\u1ee5c bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh. C\u00f3 l\u00fac gi\u00e1 r\u01a1i s\u00e1t ng\u01b0\u1ee1ng 4.000 USD\/ounce (kho\u1ea3ng 127,6 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng), tr\u01b0\u1edbc khi h\u1ed3i ph\u1ee5c l\u00ean tr\u00ean 4.100 USD\/ounce (130,8 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng).<\/p>\n

T\u1ea1i Vi\u1ec7t Nam, gi\u00e1 v\u00e0ng c\u0169ng b\u1ecb cu\u1ed1n theo c\u01a1n l\u1ed1c gi\u1ea3m gi\u00e1 th\u1ebf gi\u1edbi, d\u00f9 m\u1ee9c \u0111\u1ed9 kh\u00f4ng \u0111\u1ed3ng \u0111\u1ec1u. T\u1eeb \u0111\u1ec9nh l\u1ecbch s\u1eed g\u1ea7n 160 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng, gi\u00e1 v\u00e0ng mi\u1ebfng v\u00e0 nh\u1eabn \u0111\u00e3 \u0111i\u1ec1u ch\u1ec9nh m\u1ea1nh.<\/p>\n

\u0110\u1ebfn 9h s\u00e1ng 22\/10, C\u00f4ng ty V\u00e0ng b\u1ea1c \u0110\u00e1 qu\u00fd S\u00e0i G\u00f2n (SJC) ni\u00eam y\u1ebft gi\u00e1 v\u00e0ng mi\u1ebfng 9999 \u1edf m\u1ee9c 146,5-148,5 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng (mua v\u00e0o – b\u00e1n ra), gi\u1ea3m 5 tri\u1ec7u \u0111\u1ed3ng so v\u1edbi phi\u00ean tr\u01b0\u1edbc.<\/p>\n

Gi\u00e1 v\u00e0ng nh\u1eabn lo\u1ea1i 1-5 ch\u1ec9 t\u1ea1i SJC l\u00e0 145,5-148 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng, gi\u1ea3m 3-4 tri\u1ec7u \u0111\u1ed3ng. Doji ni\u00eam y\u1ebft v\u00e0ng nh\u1eabn \u1edf 145-148 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng, gi\u1ea3m 4,4-4,9 tri\u1ec7u \u0111\u1ed3ng, trong khi B\u1ea3o T\u00edn Minh Ch\u00e2u b\u00e1n v\u00e0ng nh\u1eabn \u1edf 152,5-155,5 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng, gi\u1ea3m 4 tri\u1ec7u \u0111\u1ed3ng.<\/p>\n

D\u00f9 gi\u00e1 gi\u1ea3m, th\u1ecb tr\u01b0\u1eddng trong n\u01b0\u1edbc v\u1eabn n\u00f3ng b\u1ecfng v\u1edbi nhu c\u1ea7u mua cao.\u00a0<\/p>\n

Nguy\u00ean nh\u00e2n ch\u00ednh d\u1eabn \u0111\u1ebfn c\u00fa gi\u1ea3m s\u1ed1c gi\u00e1 v\u00e0ng l\u00e0 s\u1ef1 k\u1ebft h\u1ee3p gi\u1eefa m\u1ed9t \u0111\u1ed3ng USD t\u0103ng m\u1ea1nh (ch\u1ec9 s\u1ed1 DXY t\u1eeb 98,6 l\u00ean 98,9 \u0111i\u1ec3m) v\u00e0 ho\u1ea1t \u0111\u1ed9ng ch\u1ed1t l\u1eddi \u1ed3 \u1ea1t c\u0169ng nh\u01b0 t\u00edn hi\u1ec7u T\u1ed5ng th\u1ed1ng M\u1ef9 s\u1ebd g\u1eb7p Ch\u1ee7 t\u1ecbch Trung Qu\u1ed1c t\u1ea1i H\u00e0n Qu\u1ed1c v\u00e0o cu\u1ed1i th\u00e1ng.<\/p>\n

Gi\u1edbi \u0111\u1ea7u t\u01b0 lo ng\u1ea1i khi gi\u00e1 v\u00e0ng h\u00ecnh th\u00e0nh “\u0111\u1ec9nh k\u00e9p”, k\u00edch ho\u1ea1t l\u00e0n s\u00f3ng b\u00e1n kh\u1ed1ng. Sau \u0111\u00e0 t\u0103ng 67% t\u1eeb \u0111\u1ea7u n\u0103m v\u00e0 29% t\u1eeb th\u00e1ng 9, vi\u1ec7c ch\u1ed1t l\u1eddi l\u00e0 kh\u00f4ng tr\u00e1nh kh\u1ecfi. L\u1ecbch s\u1eed cho th\u1ea5y, sau c\u00e1c \u0111\u1ee3t t\u0103ng n\u00f3ng g\u1ea5p r\u01b0\u1ee1i ho\u1eb7c g\u1ea5p \u0111\u00f4i, v\u00e0ng th\u01b0\u1eddng \u0111i\u1ec1u ch\u1ec9nh 5-15%.<\/p>\n

\"giavang<\/picture>
Gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi gi\u1ea3m m\u1ea1nh. \u1ea2nh: HH<\/em><\/figcaption><\/figure>\n

Tri\u1ec3n v\u1ecdng th\u1ecb tr\u01b0\u1eddng v\u00e0ng<\/strong><\/p>\n

C\u00fa gi\u1ea3m 6,2% c\u1ee7a v\u00e0ng ng\u00e0y 21\/10 c\u00f3 th\u1ec3 so s\u00e1nh v\u1edbi c\u00e1c s\u1ef1 ki\u1ec7n l\u1ecbch s\u1eed nh\u01b0 h\u1ed3i th\u00e1ng 6\/2013, khi v\u00e0ng m\u1ea5t 5,39% trong m\u1ed9t ng\u00e0y.<\/p>\n

H\u1ed3i th\u00e1ng 6\/2013, v\u00e0ng gi\u1ea3m do M\u1ef9 si\u1ebft ch\u1eb7t ti\u1ec1n t\u1ec7, nh\u01b0ng sau \u0111\u00f3 ph\u1ee5c h\u1ed3i nh\u1edd b\u1ea5t \u1ed5n to\u00e0n c\u1ea7u.<\/p>\n

Tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh h\u00e0ng h\u00f3a th\u1ebf gi\u1edbi \u0111ang ch\u1ee9ng ki\u1ebfn m\u1ed9t ngh\u1ecbch l\u00fd. V\u00e0ng t\u0103ng gi\u00e1 m\u1ea1nh th\u1eddi gian qua cho d\u00f9 ch\u1ee9ng kho\u00e1n M\u1ef9 li\u00ean t\u1ee5c l\u1eadp \u0111\u1ec9nh l\u1ecbch s\u1eed. Ch\u1ee9ng kho\u00e1n t\u0103ng m\u1ea1nh nh\u1edd k\u1ef3 v\u1ecdng b\u01a1m ti\u1ec1n, nh\u01b0ng v\u00e0ng t\u0103ng gi\u00e1 m\u1ea1nh ph\u1ea3n \u00e1nh t\u00e2m l\u00fd tr\u00fa \u1ea9n tr\u01b0\u1edbc b\u1ea5t \u1ed5n \u0111\u1ecba ch\u00ednh tr\u1ecb nh\u01b0 Nga-Ukraine, c\u0103ng th\u1eb3ng Trung \u0110\u00f4ng, v\u00e0 c\u0103ng th\u1eb3ng th\u01b0\u01a1ng m\u1ea1i M\u1ef9-Trung.<\/p>\n

Trong m\u1ed9t di\u1ec5n bi\u1ebfn m\u1edbi nh\u1ea5t, T\u1ed5ng th\u1ed1ng M\u1ef9 Donald Trump d\u1ef1 ki\u1ebfn k\u00fd th\u1ecfa thu\u1eadn “c\u00f4ng b\u1eb1ng” v\u1edbi Ch\u1ee7 t\u1ecbch T\u1eadp C\u1eadn B\u00ecnh cu\u1ed1i th\u00e1ng 10. Tuy nhi\u00ean, v\u1eabn c\u00f2n \u0111\u00f3 l\u00e0 m\u1ed9t cu\u1ed9c chi\u1ebfn thu\u1ebf quan dai d\u1eb3ng gi\u1eefa M\u1ef9 v\u00e0 c\u00e1c n\u01b0\u1edbc, l\u00e0 nh\u1eefng c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb kh\u00f3 h\u1ea1 nhi\u1ec7t nhanh ch\u00f3ng t\u1ea1i Ukraine, Trung \u0110\u00f4ng\u2026 \u0110\u00e2y l\u00e0 c\u00e1c y\u1ebfu t\u1ed1 th\u00fac \u0111\u1ea9y ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng mua v\u00e0ng. G\u1ea7n \u0111\u00e2y, t\u1ef7 tr\u1ecdng v\u00e0ng trong d\u1ef1 tr\u1eef to\u00e0n c\u1ea7u t\u0103ng m\u1ea1nh, l\u00ean m\u1ee9c 24%.<\/p>\n

B\u00ean c\u1ea1nh \u0111\u00f3, vi\u1ec7c C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (Fed) d\u1ef1 ki\u1ebfn c\u1eaft l\u00e3i su\u1ea5t 0,25% tu\u1ea7n t\u1edbi v\u00e0 th\u00eam l\u1ea7n n\u1eefa th\u00e1ng 12, s\u1ebd ti\u1ebfp t\u1ee5c h\u1ed7 tr\u1ee3 v\u00e0ng trong m\u00f4i tr\u01b0\u1eddng l\u00e3i su\u1ea5t th\u1ea5p.<\/p>\n

\u1ede chi\u1ec1u ng\u01b0\u1ee3c l\u1ea1i, v\u00e0ng \u0111ang ch\u1ecbu m\u1ed9t r\u1ee7i ro kh\u00e1c kh\u00f3 l\u01b0\u1eddng. \u0110\u00f3 l\u00e0 kh\u1ea3 n\u0103ng lao d\u1ed1c n\u1ebfu gi\u1edbi \u0111\u1ea7u t\u01b0 bu\u1ed9c ph\u1ea3i b\u00e1n v\u00e0ng \u0111\u1ec3 gi\u1ea3i quy\u1ebft c\u00e1c cu\u1ed9c kh\u1ee7ng ho\u1ea3ng v\u1ec1 thanh kho\u1ea3n. C\u1ef1u c\u1ed1 v\u1ea5n Fed Danielle DiMartino Booth v\u1eeba \u0111\u01b0a ra c\u1ea3nh b\u00e1o v\u1ec1 m\u1ed9t cu\u1ed9c “kh\u1ee7ng ho\u1ea3ng thanh kho\u1ea3n” v\u1edbi hi\u1ec7n t\u01b0\u1ee3ng Fed r\u00fat ti\u1ec1n v\u1ec1 m\u1ea1nh.<\/p>\n

B\u00ean c\u1ea1nh \u0111\u00f3 l\u00e0 r\u1ee7i ro t\u00edn d\u1ee5ng t\u01b0 nh\u00e2n t\u1ea1i M\u1ef9 (v\u1edbi tr\u1ecb gi\u00e1 1,7 ngh\u00ecn t\u1ef7 USD) cho th\u1ea5y th\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 s\u1ebd r\u01a1i v\u00e0o t\u00ecnh tr\u1ea1ng thi\u1ebfu ti\u1ec1n. Khi \u0111\u00f3, v\u00e0ng c\u00f3 th\u1ec3 b\u1ecb b\u00e1n m\u1ea1nh \u0111\u1ec3 b\u00f9 l\u1ed7 cho c\u00e1c ho\u1ea1t \u0111\u1ed9ng t\u00e0i ch\u00ednh kh\u00e1c. Khi v\u00e0ng gi\u1ea3m m\u1ea1nh c\u00f3 th\u1ec3 d\u1eabn t\u1edbi l\u00e0n s\u00f3ng b\u00e1n gi\u1ea3i ch\u1ea5p b\u1eaft bu\u1ed9c (margin call) nh\u01b0 \u0111\u00e3 x\u1ea3y ra h\u1ed3i \u0111\u1ea7u n\u0103m 2020.<\/p>\n

D\u00f9 v\u1eady, \u0111a s\u1ed1 c\u00e1c chuy\u00ean gia \u0111\u00e1nh gi\u00e1 l\u1ea7n gi\u1ea3m m\u1ea1nh \u0111\u00eam qua kh\u00f3 d\u1eabn \u0111\u1ebfn \u0111\u1ea3o chi\u1ec1u xu h\u01b0\u1edbng, m\u00e0 ch\u1ec9 l\u00e0 \u0111\u1ee3t \u0111i\u1ec1u ch\u1ec9nh c\u1ea7n thi\u1ebft sau t\u0103ng n\u00f3ng. Ole Hansen (Saxo Bank) cho r\u1eb1ng v\u00e0ng c\u00f3 th\u1ec3 v\u1ec1 3.973 USD m\u00e0 v\u1eabn gi\u1eef uptrend d\u00e0i h\u1ea1n.<\/p>\n

Peter Boockvar (One Point BFG Wealth Partners) nh\u1eadn \u0111\u1ecbnh \u0111\u00e0 t\u0103ng c\u1ea7n “ngh\u1ec9 ng\u01a1i” ng\u1eafn h\u1ea1n, nh\u01b0ng v\u1eabn l\u00e0 c\u01a1 h\u1ed9i mua v\u00e0o. V\u1ec1 d\u00e0i h\u1ea1n, tri\u1ec3n v\u1ecdng v\u00e0ng t\u00edch c\u1ef1c nh\u1edd l\u1ea1m ph\u00e1t dai d\u1eb3ng, n\u1ee3 c\u00f4ng c\u1ee7a c\u00e1c n\u01b0\u1edbc cao, ho\u1ea1t \u0111\u1ed9ng mua v\u00e0ng t\u00edch tr\u1eef t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng (t\u0103ng nhanh t\u1eeb 2022), v\u00e0 xu h\u01b0\u1edbng \u0111a d\u1ea1ng h\u00f3a kh\u1ecfi USD. C\u00e1c t\u1ed5 ch\u1ee9c nh\u01b0 HSBC d\u1ef1 b\u00e1o gi\u00e1 v\u00e0ng \u0111\u1ea1t 5.000 USD\/ounce n\u0103m 2026.<\/p>\n

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Gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi gi\u1ea3m r\u1ea5t m\u1ea1nh: \u0110\u1ea3o chi\u1ec1u xu h\u01b0\u1edbng t\u0103ng?<\/a>Gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi lao d\u1ed1c v\u1edbi t\u1ed1c \u0111\u1ed9 hi\u1ebfm c\u00f3, m\u1ea5t kho\u1ea3ng 160 USD trong m\u1ed9t th\u1eddi gian r\u1ea5t ng\u1eafn. Phi\u00ean gi\u1ea3m gi\u00e1 l\u1ecbch s\u1eed n\u00e0y li\u1ec7u \u0111\u00e3 thay \u0111\u1ed5i xu h\u01b0\u1edbng t\u0103ng c\u1ee7a v\u00e0ng hay ch\u1ec9 l\u00e0 m\u1ed9t \u0111\u1ee3t \u0111i\u1ec1u ch\u1ec9nh?<\/span><\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

V\u00e0ng th\u1ebf gi\u1edbi gi\u1ea3m s\u1ed1c Th\u1ecb tr\u01b0\u1eddng v\u00e0ng to\u00e0n c\u1ea7u tr\u1ea3i qua m\u1ed9t phi\u00ean giao d\u1ecbch \u0111\u1ea7y bi\u1ebfn \u0111\u1ed9ng v\u00e0o […]<\/p>","protected":false},"author":5,"featured_media":52653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[219],"tags":[],"class_list":["post-52652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vang"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/52652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=52652"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/52652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/52653"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=52652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=52652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=52652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}