{"id":213,"date":"2026-03-22T18:34:15","date_gmt":"2026-03-22T11:34:15","guid":{"rendered":"https:\/\/cauchuyendoisong.vn\/?p=213"},"modified":"2026-03-22T18:34:15","modified_gmt":"2026-03-22T11:34:15","slug":"cu-roi-lich-su-cua-gia-vang-lao-thang-dung-ve-moc-160-trieu-luong","status":"publish","type":"post","link":"https:\/\/cauchuyendoisong.vn\/?p=213","title":{"rendered":"C\u00fa r:\u01a1:i L\u1ecaCH S\u1eec c\u1ee7a gi\u00e1 v\u00e0ng, l:a:o th\u1eb3ng \u0111\u1ee9ng v\u1ec1 m\u1ed1c 160 tri\u1ec7u\/l\u01b0\u1ee3ng"},"content":{"rendered":"<h2>Chuy\u00ean gia d\u1ef1 b\u00e1o gi\u00e1 v\u00e0ng trong ng\u1eafn h\u1ea1n c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c gi\u1ea3m v\u1ec1 m\u1ed1c 160 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng do ch\u1ecbu t\u00e1c \u0111\u1ed9ng t\u1eeb gi\u00e1 th\u1ebf gi\u1edbi.<\/h2>\n<p><strong>Theo VTC News c\u00f3 b\u00e0i Sau nhi\u1ec1u l\u1ea7n lao d\u1ed1c, gi\u00e1 v\u00e0ng c\u00f3 th\u1ec3 gi\u1ea3m ti\u1ebfp v\u1ec1 160 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng? N\u1ed9i dung nh\u01b0 sau:<\/strong><\/p>\n<p>S\u00e1ng 21\/3, gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi ti\u1ebfp t\u1ee5c gi\u1ea3m m\u1ea1nh 155\u00a0USD\/ounce, xu\u1ed1ng 4.493 USD\/ounce. Quy \u0111\u1ed5i theo gi\u00e1\u00a0USD\u00a0c\u1ee7a ng\u00e2n h\u00e0ng Vietcombank, gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 142,4 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng.<\/p>\n<p>Trong khi \u0111\u00f3, gi\u00e1 v\u00e0ng trong n\u01b0\u1edbc c\u0169ng c\u00f9ng xu h\u01b0\u1edbng v\u1edbi th\u1ebf gi\u1edbi khi \u201cb\u1ed1c h\u01a1i\u201d 5 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng, l\u00f9i v\u1ec1 m\u1ed1c 168 \u2013 171 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng (mua \u2013 b\u00e1n). Nh\u01b0 v\u1eady, hi\u1ec7n gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi th\u1ea5p h\u01a1n trong n\u01b0\u1edbc kho\u1ea3ng h\u01a1n 28 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng.<\/p>\n<p>Theo c\u00e1c chuy\u00ean gia, ch\u00eanh l\u1ec7ch n\u00e0y ch\u00ednh l\u00e0 r\u1ee7i ro l\u1edbn cho ng\u01b0\u1eddi mua v\u00e0ng l\u00fac n\u00e0y v\u00ec gi\u00e1 v\u00e0ng trong n\u01b0\u1edbc \u0111ang cao h\u01a1n qu\u00e1 nhi\u1ec1u so v\u1edbi gi\u00e1 tr\u1ecb th\u1eadt. Ngo\u00e0i ra, nh\u1eefng kh\u00e1ch mua v\u00e0ng c\u00f2n ph\u1ea3i ch\u1ea5p nh\u1eadn m\u1ee9c l\u1ed7 n\u1ebfu b\u00e1n ngay l\u1eadp t\u1ee9c do \u0111\u1ed9 v\u00eanh gi\u1eefa gi\u00e1 mua v\u00e0 b\u00e1n l\u00ean t\u1edbi 3 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng.<\/p>\n<p>\u00d4ng Nguy\u1ec5n Quang Huy, CEO Khoa T\u00e0i ch\u00ednh Ng\u00e2n h\u00e0ng (Tr\u01b0\u1eddng \u0110\u1ea1i h\u1ecdc Nguy\u1ec5n Tr\u00e3i) ph\u00e2n t\u00edch, gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi \u0111ang tr\u00ean \u0111\u00e0 gi\u1ea3m m\u1ea1nh, k\u00e9o theo gi\u00e1 v\u00e0ng trong n\u01b0\u1edbc \u0111i xu\u1ed1ng. Nguy\u00ean nh\u00e2n l\u00e0 m\u1edbi \u0111\u00e2y C\u1ee5c d\u1ef1 tr\u1eef Li\u00ean bang M\u1ef9 (Fed) gi\u1eef nguy\u00ean l\u00e3i su\u1ea5t, khi\u1ebfn USD neo \u1edf m\u1ee9c cao.<\/p>\n<p>\u201cVi\u1ec7c Fed gi\u1eef nguy\u00ean m\u1eb7t b\u1eb1ng l\u00e3i su\u1ea5t \u0111\u00e3 g\u00e2y b\u1ea5t l\u1ee3i cho t\u00e0i s\u1ea3n ph\u00f2ng ch\u1ed1ng r\u1ee7i ro \u0111\u00f3 l\u00e0 gi\u00e1 v\u00e0ng. M\u1eb7t b\u1eb1ng l\u00e3i su\u1ea5t cao s\u1ebd khi\u1ebfn cho lo\u1ea1i su\u1ea5t tr\u00e1i phi\u1ec3u M\u1ef9 t\u0103ng, \u0111\u1ed3ng USD t\u0103ng l\u00ean. V\u00ec th\u1ebf, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eadn th\u1ea5y v\u00e0ng kh\u00f4ng mang l\u1ea1i l\u1ee3i nhu\u1eadn nhi\u1ec1u n\u00ean s\u1eb5n s\u00e0ng b\u00e1n th\u00e1o.<\/p>\n<p>C\u00f9ng v\u1edbi \u0111\u00f3, gi\u00e1 v\u00e0ng th\u1eddi gian qua \u0111\u00e3 l\u00e0 \u0111\u1ec9nh c\u1ee7a th\u1eddi \u0111\u1ea1i, t\u1ea1o \u00e1p l\u1ef1c ch\u1ed1t l\u1eddi l\u1edbn cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0. Theo nhi\u1ec1u d\u1ef1 b\u00e1o, gi\u00e1 v\u00e0ng th\u1ebf gi\u1edbi s\u1ebd c\u00f2n ti\u1ebfp t\u1ee5c gi\u1ea3m, c\u00f3 th\u1ec3 v\u1ec1 v\u00f9ng 4.000 USD\/ounce v\u00e0o th\u1eddi gian t\u1edbi. N\u1ebfu xu h\u01b0\u1edbng n\u00e0y x\u1ea3y ra, gi\u00e1 v\u00e0ng trong n\u01b0\u1edbc c\u00f3 th\u1ec3 v\u1ec1 v\u00f9ng 160 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng\u201d, \u00f4ng Huy n\u00f3i.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/icdn.24h.com.vn\/upload\/1-2026\/images\/2026-03-21\/1774103362-gia-vang-giam-sau-khien-nha-dau-tu-bat-on-19-width720height436.png\" alt=\"Gi\u00e1 v\u00e0ng trong n\u01b0\u1edbc \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o c\u00f3 th\u1ec3 gi\u1ea3m v\u1ec1 160 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng. (\u1ea2nh minh h\u1ecda)\" width=\"740\" data-original=\"https:\/\/icdn.24h.com.vn\/upload\/1-2026\/images\/2026-03-21\/1774103362-gia-vang-giam-sau-khien-nha-dau-tu-bat-on-19-width720height436.png\" data-was-processed=\"true\" \/><\/p>\n<p>Gi\u00e1 v\u00e0ng trong n\u01b0\u1edbc \u0111\u01b0\u1ee3c d\u1ef1 b\u00e1o c\u00f3 th\u1ec3 gi\u1ea3m v\u1ec1 160 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng. (\u1ea2nh minh h\u1ecda)<\/p>\n<p>C\u0169ng theo \u00f4ng Huy, trong b\u1ed1i c\u1ea3nh gi\u00e1 v\u00e0ng gi\u1ea3m, trong n\u01b0\u1edbc s\u1ebd xu\u1ea5t h\u1ec7n hai tr\u01b0\u1eddng ph\u00e1i nh\u00e0 \u0111\u1ea7u t\u01b0 bao g\u1ed3m:<\/p>\n<p>Nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n, v\u1edbi t\u1ea7m nh\u00ecn th\u1eddi gian \u0111\u1ea7u t\u01b0 t\u1eeb 24 \u2013 36 th\u00e1ng tr\u1edf l\u00ean th\u00ec s\u1ebd c\u00e2n nh\u1eafc nh\u1ecbp \u0111i\u1ec1u ch\u1ec9nh m\u1ea1nh v\u1edbi d\u00f2ng ti\u1ec1n l\u1edbn \u0111\u1ec3 mua t\u00edch l\u0169y.<\/p>\n<p>C\u00f2n v\u1edbi nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 ng\u1eafn h\u1ea1n, vi\u1ec7c mua v\u00e0ng l\u00fac n\u00e0y l\u00e0 h\u1ebft s\u1ee9c r\u1ee7i ro. C\u1ea7n nh\u1edb r\u1eb1ng mua v\u00e0ng t\u1ea1i th\u1eddi \u0111i\u1ec3m n\u00e0y n\u00ean l\u00e0 \u0111\u1ec3 t\u00edch l\u0169y t\u00e0i s\u1ea3n ch\u1ee9 kh\u00f4ng ph\u1ea3i ch\u1ed1t l\u1eddi, v\u00ec v\u1eady nh\u00e0 \u0111\u1ea7u t\u01b0 ph\u1ea3i ti\u1ebft ch\u1ebf c\u1ea3m x\u00fac v\u00e0 ki\u1ec3m so\u00e1t d\u00f2ng ti\u1ec1n. Nh\u1eefng bi\u1ebfn \u0111\u1ed9ng ch\u00ednh tr\u1ecb \u1edf Trung \u0110\u00f4ng c\u00f2n s\u1ebd ti\u1ebfp t\u1ee5c t\u00e1c \u0111\u1ed9ng m\u1ea1nh \u0111\u1ebfn c\u00e1c k\u00eanh \u0111\u1ea7u t\u01b0 tr\u00ean th\u1ebf gi\u1edbi, trong \u0111\u00f3 c\u00f3 v\u00e0ng.<\/p>\n<p>T\u01b0\u01a1ng t\u1ef1, chuy\u00ean gia kinh t\u1ebf, TS. Nguy\u1ec5n Minh Phong nh\u1eadn \u0111\u1ecbnh, kinh t\u1ebf th\u1ebf gi\u1edbi hi\u1ec7n \u0111ang ph\u1ee5 thu\u1ed9c v\u00e0o nh\u1eefng g\u00ec x\u1ea3y ra \u1edf Trung \u0110\u00f4ng v\u00e0 c\u00e1ch gi\u1ea3i quy\u1ebft c\u00e1c v\u1ea5n \u0111\u1ec1 v\u1ec1 chu\u1ed7i cung \u1ee9ng t\u1ea1i eo bi\u1ec3n Hormuz.<\/p>\n<p>\u201cN\u1ebfu c\u00e1c ngu\u1ed3n t\u00e0i nguy\u00ean n\u0103ng l\u01b0\u1ee3ng ti\u1ebfp t\u1ee5c b\u1ecb ph\u00e1 h\u1ee7y v\u00e0 chi\u1ebfn tranh k\u00e9o d\u00e0i, k\u1ebft c\u1ee5c c\u00f3 th\u1ec3 l\u00e0 gi\u00e1 v\u00e0ng gi\u1ea3m xu\u1ed1ng m\u1ee9c kho\u1ea3ng 4.000 USD\/ounce. Khi \u0111\u00f3, gi\u00e1 v\u00e0ng trong n\u01b0\u1edbc ch\u1eafc ch\u1eafn s\u1ebd gi\u1ea3m theo v\u00e0 c\u00f3 th\u1ec3 v\u1ec1 m\u1ee9c 158 \u2013 160 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng\u201d, \u00f4ng Phong d\u1ef1 b\u00e1o.<\/p>\n<p>Kh\u1ea3o s\u00e1t v\u00e0ng h\u00e0ng tu\u1ea7n m\u1edbi nh\u1ea5t v\u1edbi c\u00e1c chuy\u00ean gia Ph\u1ed1 Wall cho th\u1ea5y, \u0111a s\u1ed1 d\u1ef1 b\u00e1o ti\u00eau c\u1ef1c tr\u01b0\u1edbc tri\u1ec3n v\u1ecdng ng\u1eafn h\u1ea1n c\u1ee7a gi\u00e1 v\u00e0ng, trong khi nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb (Main Street) c\u0169ng chuy\u1ec3n sang xu h\u01b0\u1edbng bi quan sau th\u00eam m\u1ed9t tu\u1ea7n giao d\u1ecbch k\u00e9m t\u00edch c\u1ef1c.<\/p>\n<p>\u00d4ng Marc Chandler, Gi\u00e1m \u0111\u1ed1c \u0111i\u1ec1u h\u00e0nh Bannockburn Global Forex, cho r\u1eb1ng v\u00e0ng \u0111ang m\u1ea5t d\u1ea7n s\u1ee9c h\u1ea5p d\u1eabn trong b\u1ed1i c\u1ea3nh l\u00e3i su\u1ea5t duy tr\u00ec \u1edf m\u1ee9c cao, th\u1ecb tr\u01b0\u1eddng\u00a0ch\u1ee9ng kho\u00e1n\u00a0bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh v\u00e0 xu\u1ea5t hi\u1ec7n c\u00e1c \u0111\u1ed3n \u0111o\u00e1n v\u1ec1 ho\u1ea1t \u0111\u1ed9ng b\u00e1n v\u00e0ng t\u1ea1i Trung \u0110\u00f4ng.<\/p>\n<p>\u201cM\u1ee9c gi\u1ea3m tu\u1ea7n n\u00e0y c\u00f3 th\u1ec3 l\u00e0 \u0111\u1ee3t s\u1ee5t gi\u00e1 m\u1ea1nh nh\u1ea5t trong v\u00f2ng 6 n\u0103m qua c\u1ee7a kim lo\u1ea1i qu\u00fd. M\u1ed1c \u0111\u00e1y g\u1ea7n nh\u1ea5t quanh 4.402 USD\/ounce thi\u1ebft l\u1eadp h\u1ed3i \u0111\u1ea7u th\u00e1ng 2 \u0111\u00f3ng vai tr\u00f2 then ch\u1ed1t; n\u1ebfu b\u1ecb xuy\u00ean th\u1ee7ng, xu h\u01b0\u1edbng t\u0103ng d\u00e0i h\u1ea1n c\u00f3 th\u1ec3 suy y\u1ebfu v\u00e0 m\u1edf ra kh\u1ea3 n\u0103ng gi\u00e1 l\u00f9i s\u00e2u v\u1ec1 v\u00f9ng 4.100 USD\/ounce\u201d, \u00f4ng Marc Chandler nh\u1eadn \u0111\u1ecbnh.<\/p>\n<p><strong>Theo b\u00e1o Ng\u01b0\u1eddi lao \u0111\u1ed9ng c\u00f3 b\u00e0i Gi\u00e1 v\u00e0ng, b\u1ea1c s\u1eadp m\u1ea1nh, \u201cc\u01a1n \u00e1c m\u1ed9ng\u201d h\u01a1n 10 n\u0103m tr\u01b0\u1edbc c\u00f3 quay tr\u1edf l\u1ea1i? N\u1ed9i dung nh\u01b0 sau:<\/strong><\/p>\n<p>Trong phi\u00ean giao d\u1ecbch \u0111\u00eam 20-3, r\u1ea1ng s\u00e1ng 21-3, (gi\u1edd Vi\u1ec7t Nam), gi\u00e1 v\u00e0ng giao ngay t\u1ea1i M\u1ef9 gi\u1ea3m t\u1edbi 158 USD\/ounce, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 3,4%, xu\u1ed1ng c\u00f2n 4.492 USD\/ounce, \u0111\u00e1nh d\u1ea5u chu\u1ed7i gi\u1ea3m k\u00e9o d\u00e0i ba tu\u1ea7n li\u00ean ti\u1ebfp c\u1ee7a kim lo\u1ea1i qu\u00fd.<\/p>\n<p>Tr\u01b0\u1edbc \u0111\u00f3, trong phi\u00ean li\u1ec1n k\u1ec1, gi\u00e1 v\u00e0ng t\u1eebng c\u00f3 th\u1eddi \u0111i\u1ec3m r\u01a1i xu\u1ed1ng d\u01b0\u1edbi ng\u01b0\u1ee1ng h\u1ed7 tr\u1ee3 4.550 USD\/ounce nh\u01b0ng nhanh ch\u00f3ng ph\u1ee5c h\u1ed3i l\u00ean 4.730 USD\/ounce. Tuy nhi\u00ean, \u00e1p l\u1ef1c b\u00e1n gia t\u0103ng v\u1ec1 cu\u1ed1i tu\u1ea7n \u0111\u00e3 khi\u1ebfn gi\u00e1 \u0111\u1ea3o chi\u1ec1u gi\u1ea3m s\u00e2u v\u00e0 ch\u1ed1t tu\u1ea7n \u1edf m\u1ee9c th\u1ea5p.<\/p>\n<p>So v\u1edbi \u0111\u1ec9nh l\u1ecbch s\u1eed 5.600 USD\/ounce thi\u1ebft l\u1eadp cu\u1ed1i th\u00e1ng 1, gi\u00e1 v\u00e0ng hi\u1ec7n \u0111\u00e3 gi\u1ea3m h\u01a1n 1.100 USD\/ounce. D\u00f9 v\u1eady, m\u1eb7t b\u1eb1ng gi\u00e1 v\u1eabn cao h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi v\u00f9ng \u0111\u1ea7u n\u0103m quanh 4.332 USD\/ounce, cho th\u1ea5y xu h\u01b0\u1edbng t\u0103ng d\u00e0i h\u1ea1n ch\u01b0a ho\u00e0n to\u00e0n b\u1ecb ph\u00e1 v\u1ee1.<\/p>\n<p>T\u1ea1i th\u1ecb tr\u01b0\u1eddng trong n\u01b0\u1edbc, s\u00e1ng 21-3, gi\u00e1 v\u00e0ng mi\u1ebfng SJC \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft \u1edf m\u1ee9c 168-171 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng (mua \u2013 b\u00e1n), gi\u1ea3m kho\u1ea3ng 5,1 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng so v\u1edbi phi\u00ean tr\u01b0\u1edbc. Gi\u00e1 v\u00e0ng nh\u1eabn t\u1ea1i DOJI c\u0169ng gi\u1ea3m t\u01b0\u01a1ng t\u1ef1, giao d\u1ecbch trong kho\u1ea3ng 168-171 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng.<\/p>\n<p>\u0110\u00e1ng ch\u00fa \u00fd, d\u00f9 gi\u00e1 th\u1ebf gi\u1edbi gi\u1ea3m m\u1ea1nh, gi\u00e1 v\u00e0ng trong n\u01b0\u1edbc v\u1eabn neo \u1edf m\u1ee9c cao, ch\u00eanh l\u1ec7ch v\u1edbi gi\u00e1 qu\u1ed1c t\u1ebf l\u00ean t\u1edbi g\u1ea7n 30 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng.<\/p>\n<figure><a title=\"Nhi\u1ec1u ng\u01b0\u1eddi mua v\u00e0ng \u1edf v\u00f9ng \u0111\u1ec9nh tr\u00ean 190 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng h\u1ed3i \u0111\u1ea7u th\u00e1ng 3, \u0111\u1ebfn gi\u1edd l\u1ed7 n\u1eb7ng n\u1ebfu b\u00e1n ra\" href=\"https:\/\/nld.mediacdn.vn\/291774122806476800\/2026\/3\/21\/vang-12-3-4-1774057653083498334150.jpg\" target=\"_blank\" rel=\"noopener\" data-fancybox=\"img-lightbox\"><img loading=\"lazy\" decoding=\"async\" id=\"img_212916406209101824\" title=\" - \u1ea2nh 1.\" src=\"https:\/\/nld.mediacdn.vn\/thumb_w\/698\/291774122806476800\/2026\/3\/21\/vang-12-3-4-1774057653083498334150.jpg\" alt=\" - \u1ea2nh 1.\" width=\"2560\" height=\"1920\" data-author=\"\" data-original=\"https:\/\/nld.mediacdn.vn\/291774122806476800\/2026\/3\/21\/vang-12-3-4-1774057653083498334150.jpg\" data-is-alt-modified=\"true\" \/><\/a><figcaption>\n<p data-placeholder=\"Nh\u1eadp ch\u00fa th\u00edch \u1ea3nh\">Nhi\u1ec1u ng\u01b0\u1eddi mua v\u00e0ng \u1edf v\u00f9ng \u0111\u1ec9nh tr\u00ean 190 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng h\u1ed3i \u0111\u1ea7u th\u00e1ng 3, \u0111\u1ebfn gi\u1edd l\u1ed7 n\u1eb7ng n\u1ebfu b\u00e1n ra<\/p>\n<\/figcaption><\/figure>\n<p>Di\u1ec5n bi\u1ebfn gi\u00e1 v\u00e0ng \u2013 b\u1ea1c li\u00ean t\u1ee5c gi\u1ea3m s\u00e2u khi\u1ebfn nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 mua v\u00e0o \u1edf v\u00f9ng gi\u00e1 cao \u0111\u1ed1i m\u1eb7t r\u1ee7i ro thua l\u1ed7 ng\u1eafn h\u1ea1n. M\u1ed9t s\u1ed1 \u00fd ki\u1ebfn b\u1eaft \u0111\u1ea7u lo ng\u1ea1i kh\u1ea3 n\u0103ng th\u1ecb tr\u01b0\u1eddng l\u1eb7p l\u1ea1i chu k\u1ef3 gi\u1ea3m k\u00e9o d\u00e0i nh\u01b0 giai \u0111o\u1ea1n sau n\u0103m 2011, khi gi\u00e1 v\u00e0ng v\u00e0 b\u1ea1c lao d\u1ed1c r\u1ea5t m\u1ea1nh tr\u01b0\u1edbc khi \u0111i ngang trong nhi\u1ec1u n\u0103m.<\/p>\n<p>Ph\u00f3ng vi\u00ean c\u1ee7a B\u00e1o Ng\u01b0\u1eddi Lao \u0110\u1ed9ng \u0111\u00e3 trao \u0111\u1ed5i v\u1edbi TS Nguy\u1ec5n Duy Quang,<em>\u00a0Tr\u01b0\u1edfng Ng\u00e0nh Kinh t\u1ebf s\u1ed1 Tr\u01b0\u1eddng \u0110\u1ea1i h\u1ecdc Kinh t\u1ebf \u2013 T\u00e0i ch\u00ednh TPHCM (UEF), v\u1ec1\u00a0<\/em>nh\u1eefng y\u1ebfu t\u1ed1 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn\u00a0 v\u00e0ng, b\u1ea1c, \u0111\u1ed3ng th\u1eddi \u0111\u01b0a ra nh\u1eefng d\u1ef1 b\u00e1o th\u1ecb tr\u01b0\u1eddng trong th\u1eddi gian t\u1edbi.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/nld.mediacdn.vn\/291774122806476800\/2026\/3\/21\/z76430424540418df4fe5bab06743b9d96efb6deb3a85a-1774076102610118853192.jpg\" alt=\" - \u1ea2nh 2.\" \/><\/p>\n<p>TS Nguy\u1ec5n Duy Quang<\/p>\n<p><em>*Li\u1ec7u kim lo\u1ea1i qu\u00fd c\u00f3 b\u01b0\u1edbc v\u00e0o chu k\u1ef3 gi\u1ea3m gi\u00e1 nh\u01b0 10 n\u0103m tr\u01b0\u1edbc?<\/em><\/p>\n<p>\u2013 Chu k\u1ef3 gi\u1ea3m gi\u00e1 k\u00e9o d\u00e0i su\u1ed1t hai th\u1eadp k\u1ef7 sau \u0111\u1ec9nh n\u0103m 1980 g\u1eafn li\u1ec1n v\u1edbi chu tr\u00ecnh si\u1ebft ch\u1eb7t ti\u1ec1n t\u1ec7 m\u1ea1nh tay v\u00e0 USD \u00e1p \u0111\u1ea3o. Hi\u1ec7n t\u1ea1i, ng\u01b0\u1ee3c l\u1ea1i, c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng l\u1edbn \u0111\u1ec1u \u0111ang \u1edf giai \u0111o\u1ea1n ch\u1ed1t l\u00e3i su\u1ea5t cao ho\u1eb7c ch\u1ec9 duy tr\u00ec, ch\u01b0a th\u1ef1c s\u1ef1 h\u1ea1 s\u00e2u. Do \u0111\u00f3, m\u1ed9t chu k\u1ef3 s\u1ee5t d\u00e0i nh\u01b0 tr\u01b0\u1edbc kh\u00f3 l\u1eb7p l\u1ea1i.<\/p>\n<p>H\u01a1n n\u1eefa, l\u01b0\u1ee3ng mua r\u00f2ng v\u00e0ng c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng (nh\u1ea5t l\u00e0 \u1edf ch\u00e2u \u00c1) v\u1eabn r\u1ea5t l\u1edbn, t\u1ea1o n\u1ec1n t\u1ea3ng h\u1ed7 tr\u1ee3 d\u00e0i h\u1ea1n kh\u00e1c bi\u1ec7t so v\u1edbi th\u1eadp ni\u00ean tr\u01b0\u1edbc. C\u00e1c qu\u1ed1c gia nh\u01b0 Trung Qu\u1ed1c, \u1ea4n \u0110\u1ed9 v\u1eabn xem v\u00e0ng l\u00e0 t\u00e0i s\u1ea3n qu\u1ed1c ph\u00f2ng l\u1ea1m ph\u00e1t, khi\u1ebfn c\u00e1n c\u00e2n cung \u2013 c\u1ea7u to\u00e0n c\u1ea7u b\u1edbt d\u01b0 th\u1eeba h\u01a1n.<\/p>\n<p>Tuy v\u1eady, n\u1ebfu FED v\u00e0 Ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng ch\u00e2u \u00c2u (ECB) th\u1ef1c s\u1ef1 chuy\u1ec3n sang n\u1edbi l\u1ecfng ti\u1ec1n t\u1ec7 t\u1eeb n\u1eeda cu\u1ed1i 2027, \u0111i k\u00e8m USD suy y\u1ebfu m\u1ea1nh m\u1ebd, c\u00f3 th\u1ec3 k\u00edch ho\u1ea1t m\u1ed9t chu k\u1ef3 t\u0103ng gi\u00e1 m\u1edbi thay v\u00ec gi\u1ea3m. N\u00f3i c\u00e1ch kh\u00e1c, th\u1eddi k\u1ef3 \u201cth\u1ecb tr\u01b0\u1eddng g\u1ea5u\u201d k\u00e9o d\u00e0i nh\u01b0 2013-2015 kh\u00f3 t\u00e1i di\u1ec5n, nh\u01b0ng bi\u1ebfn \u0111\u1ed9ng ng\u01b0\u1ee3c d\u00f2ng s\u1ebd xu\u1ea5t ph\u00e1t t\u1eeb ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 v\u00e0 s\u1ee9c m\u1ea1nh \u0111\u1ed3ng USD.<\/p>\n<p><em>*V\u1eady gi\u00e1 v\u00e0ng, b\u1ea1c d\u01b0\u1edbi t\u00e1c \u0111\u1ed9ng c\u1ee7a gi\u00e1 d\u1ea7u t\u0103ng v\u1ecdt v\u00e0 ch\u00ednh s\u00e1ch c\u1ee7a FED hi\u1ec7n t\u1ea1i ra sao?<\/em><\/p>\n<p>Gi\u00e1 d\u1ea7u th\u00f4 li\u00ean t\u1ee5c duy tr\u00ec tr\u00ean 100 USD t\u1ea1o \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t, khi\u1ebfn FED \u0111\u00e0nh t\u1ea1m g\u00e1c k\u1ebf ho\u1ea1ch h\u1ea1 l\u00e3i su\u1ea5t. L\u00e3i su\u1ea5t th\u1ef1c duy tr\u00ec \u1edf m\u1ee9c th\u1ef1c d\u01b0\u01a1ng cao l\u00e0m t\u0103ng chi ph\u00ed c\u01a1 h\u1ed9i n\u1eafm gi\u1eef v\u00e0ng \u2013 b\u1ea1c, b\u1edfi ch\u00fang kh\u00f4ng \u0111em l\u00e3i nh\u01b0 tr\u00e1i phi\u1ebfu. K\u1ebft qu\u1ea3 l\u00e0 kim lo\u1ea1i qu\u00fd ph\u1ea3i c\u1ea1nh tranh gay g\u1eaft v\u1edbi c\u00f4ng c\u1ee5 t\u1ea1o thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh.<\/p>\n<p>Chi ph\u00ed s\u1ea3n xu\u1ea5t v\u00e0ng \u2013 b\u1ea1c c\u0169ng nh\u1edd th\u1ebf t\u0103ng l\u00ean. C\u1ee5 th\u1ec3, gi\u00e1 nhi\u00ean li\u1ec7u cao \u0111\u1ea9y chi ph\u00ed khai th\u00e1c v\u00e0 v\u1eadn chuy\u1ec3n t\u0103ng \u00edt nh\u1ea5t 10-15%. M\u1eb7t b\u1eb1ng gi\u00e1 th\u00e0nh cao n\u00e0y thi\u1ebft l\u1eadp ng\u01b0\u1ee1ng h\u1ed7 tr\u1ee3 nh\u01b0ng \u0111\u1ed3ng th\u1eddi \u0111\u1ea9y gi\u00e1 kim lo\u1ea1i qu\u00fd l\u00ean v\u00f9ng \u201c\u0111\u1eaft \u0111\u1ecf\u201d v\u1edbi nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 ng\u1eafn h\u1ea1n.<\/p>\n<p>\u0110\u1ed3ng USD m\u1ea1nh do ch\u00ednh s\u00e1ch gi\u1eef l\u00e3i su\u1ea5t c\u1ee7a FED c\u00e0ng t\u1ea1o s\u1ee9c \u00e9p cho gi\u00e1 v\u00e0ng, trong khi b\u1ea1c ch\u1ecbu th\u00eam c\u00fa s\u1ed1c \u0111\u1ea7u ra ch\u1eadm l\u1ea1i t\u1eeb l\u0129nh v\u1ef1c c\u00f4ng nghi\u1ec7p n\u1ebfu kinh t\u1ebf to\u00e0n c\u1ea7u r\u01a1i v\u00e0o \u201c\u0111\u00ecnh l\u1ea1m\u201d (l\u1ea1m ph\u00e1t t\u0103ng cao v\u00e0 t\u1ec9 l\u1ec7 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf suy gi\u1ea3m m\u1ea1nh). Nh\u01b0 v\u1eady, b\u1ea5t c\u1ee9 bi\u1ebfn \u0111\u1ed9ng n\u00e0o c\u1ee7a d\u1ea7u hay th\u00f4ng \u0111i\u1ec7p ti\u1ebfp theo t\u1eeb FED \u0111\u1ec1u nhanh ch\u00f3ng ph\u1ea3n \u00e1nh qua gi\u00e1 v\u00e0ng, b\u1ea1c hi\u1ec7n t\u1ea1i.<\/p>\n<p><em>*\u00d4ng c\u00f3 th\u1ec3 n\u00eau quan \u0111i\u1ec3m d\u1ef1 b\u00e1o v\u1ec1 gi\u00e1 v\u00e0ng, b\u1ea1c trong ng\u1eafn h\u1ea1n?<\/em><\/p>\n<p>\u2013 Trong 1-2 th\u00e1ng t\u1edbi, gi\u00e1 v\u00e0ng c\u00f3 th\u1ec3 dao \u0111\u1ed9ng trong bi\u00ean \u0111\u1ed9 h\u1eb9p 4.450 \u2013 4.750 USD\/ounce, v\u1edbi xu h\u01b0\u1edbng ph\u1ee5 thu\u1ed9c ch\u1eb7t ch\u1ebd v\u00e0o d\u1eef li\u1ec7u l\u1ea1m ph\u00e1t M\u1ef9 v\u00e0 di\u1ec5n bi\u1ebfn \u0111\u1ecba ch\u00ednh tr\u1ecb Trung \u0110\u00f4ng. M\u1ed7i b\u00e1o c\u00e1o CPI v\u01b0\u1ee3t k\u1ef3 v\u1ecdng c\u00f3 th\u1ec3 \u0111\u1ea9y v\u00e0ng gi\u1ea3m v\u1ec1 v\u00f9ng \u0111\u00e1y bi\u00ean \u0111\u1ed9.<\/p>\n<p>B\u1ea1c nhi\u1ec1u kh\u1ea3 n\u0103ng rung l\u1eafc m\u1ea1nh h\u01a1n, giao \u0111\u1ed9ng quanh 68-80 USD\/ounce do t\u00ednh nh\u1ea1y c\u1ea3m cao h\u01a1n v\u1edbi l\u00e3i su\u1ea5t v\u00e0 nhu c\u1ea7u c\u00f4ng nghi\u1ec7p. N\u1ebfu th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n M\u1ef9 \u0111i\u1ec1u ch\u1ec9nh s\u00e2u, b\u1ea1c c\u00f3 th\u1ec3 t\u1ea1m ch\u1ecbu t\u00e1c \u0111\u1ed9ng \u0111\u1ed1i l\u1eadp gi\u1eefa vai tr\u00f2 tr\u00fa \u1ea9n v\u00e0 c\u00f4ng c\u1ee5 s\u1ea3n xu\u1ea5t.<\/p>\n<p>C\u00e1c y\u1ebfu t\u1ed1 t\u00e1c \u0111\u1ed9ng quan tr\u1ecdng trong ng\u1eafn h\u1ea1n g\u1ed3m: tuy\u00ean b\u1ed1 ch\u00ednh s\u00e1ch m\u1edbi c\u1ee7a FED trong nh\u1eefng ng\u00e0y ti\u1ebfp theo, c\u0103ng th\u1eb3ng t\u1ea1i eo bi\u1ec3n Hormuz v\u00e0 c\u00e1c s\u1ed1 li\u1ec7u \u0111\u01a1n \u0111\u1eb7t h\u00e0ng l\u00e2u b\u1ec1n, s\u1ea3n xu\u1ea5t c\u00f4ng nghi\u1ec7p M\u1ef9\u2026<\/p>\n<p>N\u01b0\u1edbc gi\u1eb7t qu\u1ed1c d\u00e2n kh\u00f4ng c\u1ea7n n\u01b0\u1edbc x\u1ea3 v\u1eabn th\u01a1m, h\u01a1n 1,2 tri\u1ec7u ng\u01b0\u1eddi d\u00f9ng Shopee cho 5 sao!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chuy\u00ean gia d\u1ef1 b\u00e1o gi\u00e1 v\u00e0ng trong ng\u1eafn h\u1ea1n c\u00f3 th\u1ec3 ti\u1ebfp t\u1ee5c gi\u1ea3m v\u1ec1 m\u1ed1c 160 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng do ch\u1ecbu t\u00e1c \u0111\u1ed9ng t\u1eeb gi\u00e1 th\u1ebf gi\u1edbi. Theo VTC News c\u00f3 b\u00e0i Sau nhi\u1ec1u l\u1ea7n lao d\u1ed1c, gi\u00e1 v\u00e0ng c\u00f3 th\u1ec3 gi\u1ea3m ti\u1ebfp v\u1ec1 160 tri\u1ec7u \u0111\u1ed3ng\/l\u01b0\u1ee3ng? N\u1ed9i dung nh\u01b0 sau: S\u00e1ng 21\/3, gi\u00e1 v\u00e0ng [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-213","post","type-post","status-publish","format-standard","hentry","category-chua-phan-loai"],"_links":{"self":[{"href":"https:\/\/cauchuyendoisong.vn\/index.php?rest_route=\/wp\/v2\/posts\/213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cauchuyendoisong.vn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cauchuyendoisong.vn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cauchuyendoisong.vn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cauchuyendoisong.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=213"}],"version-history":[{"count":1,"href":"https:\/\/cauchuyendoisong.vn\/index.php?rest_route=\/wp\/v2\/posts\/213\/revisions"}],"predecessor-version":[{"id":214,"href":"https:\/\/cauchuyendoisong.vn\/index.php?rest_route=\/wp\/v2\/posts\/213\/revisions\/214"}],"wp:attachment":[{"href":"https:\/\/cauchuyendoisong.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cauchuyendoisong.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cauchuyendoisong.vn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}