{"id":8615,"date":"2026-01-27T15:54:08","date_gmt":"2026-01-27T07:54:08","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=8615"},"modified":"2026-01-27T15:54:17","modified_gmt":"2026-01-27T07:54:17","slug":"%e8%b4%b5%e9%87%91%e5%b1%9e%e7%89%9b%e5%b8%82%e7%81%ab%e5%8a%9b%e5%85%a8%e5%bc%80%ef%bc%8c%e9%bb%84%e9%87%91%e5%89%91%e6%8c%876000%e7%be%8e%e5%85%83%e7%9a%84%e6%a0%b8%e5%bf%83%e9%80%bb%e8%be%91","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/vi\/luu-tru\/8615","title":{"rendered":"Th\u1ecb tr\u01b0\u1eddng gi\u00e1 l\u00ean c\u1ee7a kim lo\u1ea1i qu\u00fd \u0111ang ph\u00e1t tri\u1ec3n m\u1ea1nh m\u1ebd v\u00e0 chi\u1ebfn l\u01b0\u1ee3c ph\u00e2n b\u1ed5 v\u00e0 logic c\u1ed1t l\u00f5i c\u1ee7a v\u00e0ng h\u01b0\u1edbng t\u1edbi m\u1ee9c 6.000 USD"},"content":{"rendered":"

D\u1ef1a tr\u00ean theo d\u00f5i chuy\u00ean s\u00e2u v\u00e0 ph\u00e2n t\u00edch chuy\u00ean nghi\u1ec7p v\u1ec1 m\u00f4 h\u00ecnh cung v\u00e0 c\u1ea7u th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd to\u00e0n c\u1ea7u, \u0111\u1ed9ng l\u1ef1c v\u0129 \u200b\u200bm\u00f4 v\u00e0 xu h\u01b0\u1edbng v\u1ecb th\u1ebf th\u1ec3 ch\u1ebf, Wmax tin r\u1eb1ng vi\u1ec7c gi\u00e1 v\u00e0ng v\u00e0 b\u1ea1c ti\u1ebfp t\u1ee5c t\u0103ng hi\u1ec7n nay kh\u00f4ng ph\u1ea3i l\u00e0 s\u1ef1 b\u00f9ng n\u1ed5 \u0111\u1ea7u c\u01a1 ng\u1eafn h\u1ea1n m\u00e0 l\u00e0 m\u1ed9t th\u1ecb tr\u01b0\u1eddng xu h\u01b0\u1edbng d\u01b0\u1edbi s\u1ef1 c\u1ed9ng h\u01b0\u1edfng c\u1ee7a nhi\u1ec1u logic c\u1ed1t l\u00f5i. Gi\u00e1 m\u1ee5c ti\u00eau 6.000 USD\/ounce v\u00e0ng do Bank of America \u0111\u01b0a ra kh\u00f4ng ph\u1ea3i l\u00e0 l\u1eddi n\u00f3i qu\u00e1 kh\u00edch m\u00e0 l\u00e0 m\u1ed9t d\u1ef1 \u0111o\u00e1n h\u1ee3p l\u00fd d\u1ef1a tr\u00ean c\u00e1c quy lu\u1eadt l\u1ecbch s\u1eed v\u00e0 c\u00e1c nguy\u00ean t\u1eafc c\u01a1 b\u1ea3n c\u1ee7a ng\u00e0nh. Gi\u00e1 tr\u1ecb \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n c\u1ee7a th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd \u0111\u01b0\u1ee3c n\u00eau b\u1eadt \u0111\u1ea7y \u0111\u1ee7.<\/p>\n

<\/a>Th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd l\u1ea1i \u0111\u1ea1t m\u1ee9c cao k\u1ef7 l\u1ee5c: c\u1ea3 kh\u1ed1i l\u01b0\u1ee3ng v\u00e0 gi\u00e1 \u0111\u1ec1u t\u0103ng, th\u1ec3 hi\u1ec7n m\u00f4 h\u00ecnh m\u1ea1nh m\u1ebd<\/strong><\/p>\n

Wmax th\u00f4ng qua gi\u00e1m s\u00e1t th\u1ecb tr\u01b0\u1eddng theo th\u1eddi gian th\u1ef1c \u0111\u00e3 ph\u00e1t hi\u1ec7n ra r\u1eb1ng th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd \u0111\u00e3 m\u1edf ra m\u1ed9t th\u1eddi \u0111i\u1ec3m quan tr\u1ecdng trong phi\u00ean giao d\u1ecbch \u0111\u1ea7u ng\u00e0y th\u1ee9 Hai: gi\u00e1 v\u00e0ng giao ngay l\u1ea7n \u0111\u1ea7u ti\u00ean v\u01b0\u1ee3t m\u1ed1c s\u1ed1 nguy\u00ean l\u00e0 5.000 USD\/ounce v\u00e0 ch\u1ec9 h\u01a1n 100 ng\u00e0y tr\u01b0\u1edbc khi \u0111\u1ea1t m\u1ee9c 4.000 USD. T\u00ednh \u0111\u1ebfn th\u1eddi \u0111i\u1ec3m vi\u1ebft b\u00e0i, v\u00e0ng giao ngay \u0111ang giao d\u1ecbch \u1edf m\u1ee9c 5.086,50 USD\/ounce, t\u0103ng h\u01a1n 2% trong ng\u00e0y. \u0110\u00e1nh gi\u00e1 t\u1eeb d\u1eef li\u1ec7u t\u1ea7n s\u1ed1 cao trong 15 ph\u00fat, lo\u1ea1i n\u00e0y m\u1edf c\u1eeda \u1edf m\u1ee9c 5075,04 USD\/ounce, \u0111\u1ea1t m\u1ee9c t\u1ed1i \u0111a l\u00e0 5088,94 USD\/ounce, gi\u1ea3m xu\u1ed1ng m\u1ee9c t\u1ed1i thi\u1ec3u l\u00e0 5072,57 USD\/ounce v\u00e0 cu\u1ed1i c\u00f9ng \u0111\u00f3ng c\u1eeda \u1edf m\u1ee9c 5087,17 USD\/ounce. Bi\u00ean \u0111\u1ed9 dao \u0111\u1ed9ng gi\u00e1 h\u1eb9p v\u00e0 tr\u1ecdng t\u00e2m di chuy\u1ec3n l\u00ean tr\u00ean, cho th\u1ea5y s\u1ee9c m\u1ea1nh c\u1ee7a phe b\u00f2.<\/p>\n

<\/p>\n

B\u1ea1c giao ngay, v\u1ed1n \u0111\u1ed3ng th\u1eddi \u0111\u01b0\u1ee3c t\u0103ng c\u01b0\u1eddng, c\u0169ng m\u1edf ra m\u1ed9t b\u01b0\u1edbc \u0111\u1ed9t ph\u00e1 quan tr\u1ecdng, v\u1edbi m\u1ee9c gi\u00e1 l\u1ea7n \u0111\u1ea7u ti\u00ean \u0111\u1ea1t 108 USD\/ounce, v\u1edbi m\u1ee9c t\u0103ng h\u01a1n 5% trong ng\u00e0y. D\u1eef li\u1ec7u th\u1ecb tr\u01b0\u1eddng trong 15 ph\u00fat c\u1ee7a n\u00f3 cho th\u1ea5y n\u00f3 m\u1edf c\u1eeda \u1edf m\u1ee9c 107,998 USD\/ounce, \u0111\u1ea1t m\u1ee9c t\u1ed1i \u0111a l\u00e0 108,459 USD\/ounce, gi\u1ea3m xu\u1ed1ng m\u1ee9c th\u1ea5p nh\u1ea5t l\u00e0 107,971 USD\/ounce v\u00e0 cu\u1ed1i c\u00f9ng \u0111\u00f3ng c\u1eeda \u1edf m\u1ee9c 108,398 USD\/ounce, ti\u1ebfp t\u1ee5c \u0111\u1ed9 co gi\u00e3n t\u0103ng c\u1ee7a n\u00f3 v\u01b0\u1ee3t xa v\u00e0ng. Trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd \u0111ang b\u00f9ng n\u1ed5, hi\u1ec7u su\u1ea5t c\u1ee7a c\u00e1c t\u00e0i s\u1ea3n kh\u00e1c cho th\u1ea5y s\u1ef1 kh\u00e1c bi\u1ec7t r\u00f5 r\u00e0ng: th\u1ecb tr\u01b0\u1eddng t\u01b0\u01a1ng lai ch\u1ee9ng kho\u00e1n M\u1ef9 suy y\u1ebfu, v\u1edbi h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai Nasdaq gi\u1ea3m 1,1% v\u00e0o \u0111\u1ea7u phi\u00ean v\u00e0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai S&P 500 gi\u1ea3m 0,75%; B\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi d\u00f2ng l\u1ea1nh B\u1eafc C\u1ef1c, gi\u00e1 kh\u00ed \u0111\u1ed1t t\u1ef1 nhi\u00ean k\u1ef3 h\u1ea1n c\u1ee7a M\u1ef9 \u0111\u00e3 t\u0103ng 16%.<\/p>\n

<\/a>\u0110\u1ed9ng l\u1ef1c c\u1ed1t l\u00f5i c\u1ee7a vi\u1ec7c t\u0103ng gi\u00e1: s\u1ef1 c\u1ed9ng h\u01b0\u1edfng hai b\u00e1nh c\u1ee7a kinh t\u1ebf v\u0129 m\u00f4 v\u00e0 c\u00f4ng nghi\u1ec7p<\/strong><\/p>\n

Wmax \u0111\u00e3 ph\u00e2n t\u00edch c\u00e1c y\u1ebfu t\u1ed1 th\u00fac \u0111\u1ea9y th\u1ecb tr\u01b0\u1eddng v\u00e0 x\u00e1c nh\u1eadn r\u1eb1ng s\u1ef1 gia t\u0103ng hi\u1ec7n t\u1ea1i c\u1ee7a kim lo\u1ea1i qu\u00fd l\u00e0 k\u1ebft qu\u1ea3 c\u1ee7a s\u1ef1 t\u00e1c \u0111\u1ed9ng chung c\u1ee7a c\u00e1c y\u1ebfu t\u1ed1 v\u0129 m\u00f4 v\u00e0 c\u00f4ng nghi\u1ec7p. Tr\u00e1nh r\u1ee7i ro v\u00e0 h\u1ed7 tr\u1ee3 ti\u1ec1n t\u1ec7 \u1edf c\u1ea5p \u0111\u1ed9 v\u0129 m\u00f4. Vi\u1ec7c c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng t\u0103ng c\u01b0\u1eddng mua v\u00e0ng, c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb to\u00e0n c\u1ea7u leo \u200b\u200bthang v\u00e0 s\u1ef1 b\u1ea5t \u1ed5n trong m\u00f4i tr\u01b0\u1eddng kinh t\u1ebf \u0111\u00e3 c\u00f9ng nhau c\u1ee7ng c\u1ed1 c\u00e1c \u0111\u1eb7c t\u00ednh tr\u00fa \u1ea9n an to\u00e0n c\u1ee7a v\u00e0ng v\u00e0 b\u1ea1c v\u00e0 thu h\u00fat m\u1ed9t d\u00f2ng v\u1ed1n l\u1edbn. \u0110\u1ed3ng th\u1eddi, s\u1ef1 suy y\u1ebfu li\u00ean t\u1ee5c c\u1ee7a \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 \u0111\u00e3 tr\u1edf th\u00e0nh \u0111\u1ed9ng l\u1ef1c ch\u00ednh. Wmax k\u1ebft lu\u1eadn r\u1eb1ng n\u1ec1n t\u1ea3ng ni\u1ec1m tin v\u00e0o \u0111\u1ed3ng \u0111\u00f4 la M\u1ef9 \u0111\u00e3 b\u1ecb lung lay v\u00e0 kh\u00f4ng c\u00f2n l\u00e0 l\u1ef1a ch\u1ecdn tuy\u1ec7t \u0111\u1ed1i \u0111\u1ea7u ti\u00ean c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0. Th\u1ecb tr\u01b0\u1eddng c\u00f3 nhu c\u1ea7u m\u1ea1nh m\u1ebd v\u1ec1 t\u00e0i s\u1ea3n v\u1eadt ch\u1ea5t kh\u00f4ng b\u1ecb r\u00e0ng bu\u1ed9c b\u1edfi h\u1ec7 th\u1ed1ng ti\u1ec1n t\u1ec7 h\u1ee3p ph\u00e1p.<\/p>\n

S\u1ef1 kh\u00f4ng ph\u00f9 h\u1ee3p gi\u1eefa cung v\u00e0 c\u1ea7u \u1edf c\u1ea5p \u0111\u1ed9 c\u00f4ng nghi\u1ec7p kh\u00f4ng ch\u1ec9 h\u1ed7 tr\u1ee3 thu\u1ed9c t\u00ednh tr\u00fa \u1ea9n an to\u00e0n c\u1ee7a gi\u00e1 b\u1ea1c m\u00e0 c\u00f2n \u0111\u01b0\u1ee3c h\u01b0\u1edfng l\u1ee3i t\u1eeb m\u00f4 h\u00ecnh cung v\u00e0 c\u1ea7u \u0111\u1ed9c \u0111\u00e1o. S\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a c\u00e1c c\u00f4ng ngh\u1ec7 xanh nh\u01b0 n\u0103ng l\u01b0\u1ee3ng m\u1eb7t tr\u1eddi v\u00e0 xe \u0111i\u1ec7n, c\u0169ng nh\u01b0 tr\u00ed tu\u1ec7 nh\u00e2n t\u1ea1o, ti\u1ebfp t\u1ee5c th\u00fac \u0111\u1ea9y nhu c\u1ea7u b\u1ea1c c\u1ee7a ng\u00e0nh c\u00f4ng nghi\u1ec7p. \u0110\u1ed3ng th\u1eddi, th\u1ecb tr\u01b0\u1eddng b\u1ea1c \u0111ang ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi v\u1ea5n \u0111\u1ec1 th\u00e2m h\u1ee5t ngu\u1ed3n cung c\u01a1 c\u1ea5u v\u00e0 s\u1ef1 thi\u1ebfu h\u1ee5t kh\u00f3 c\u00f3 th\u1ec3 gi\u1ea3m b\u1edbt m\u1ed9t c\u00e1ch hi\u1ec7u qu\u1ea3, c\u00e0ng \u0111\u1ea9y gi\u00e1 l\u00ean cao.<\/p>\n

\"IMG_256\"<\/p>\n

<\/a>Ph\u00e2n t\u00edch xu h\u01b0\u1edbng ng\u1eafn h\u1ea1n: Xu h\u01b0\u1edbng t\u0103ng c\u1ee7a v\u00e0ng kh\u00f4ng thay \u0111\u1ed5i v\u00e0 b\u1ea1c c\u1ea7n c\u1ea3nh gi\u00e1c v\u1edbi r\u1ee7i ro bi\u1ebfn \u0111\u1ed9ng cao<\/strong><\/p>\n

V\u00e0ng: C\u00f3 th\u1ec3 c\u00f3 bi\u1ebfn \u0111\u1ed9ng trong ng\u1eafn h\u1ea1n nh\u01b0ng xu h\u01b0\u1edbng d\u00e0i h\u1ea1n l\u00e0 t\u00edch c\u1ef1c<\/strong><\/p>\n

C\u00e1c nh\u00e0 ph\u00e2n t\u00edch l\u1ea1c quan tin r\u1eb1ng c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb, lo ng\u1ea1i v\u1ec1 \u1ea3nh h\u01b0\u1edfng ch\u00ednh tr\u1ecb c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang, lo ng\u1ea1i v\u1ec1 \u0111\u1ecbnh gi\u00e1 ch\u1ee9ng kho\u00e1n v\u00e0 \u0111\u1ed9ng l\u1ef1c h\u00e0ng h\u00f3a \u0111\u1ec1u s\u1ebd \u0111\u1ea9y gi\u00e1 v\u00e0ng l\u00ean cao h\u01a1n v\u00e0 s\u1ebd kh\u00f4ng c\u00f3 s\u1ef1 \u0111i\u1ec1u ch\u1ec9nh trong ng\u1eafn h\u1ea1n. S\u1ef1 \u0111i\u1ec1u ch\u1ec9nh nh\u1eb9 c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c k\u00edch ho\u1ea1t b\u1edfi m\u1ed1c 5.000 USD \u0111\u01b0\u1ee3c ch\u1ec9 ra b\u1edfi James Stanley, chi\u1ebfn l\u01b0\u1ee3c gia th\u1ecb tr\u01b0\u1eddng c\u1ea5p cao t\u1ea1i Forex.com, c\u0169ng \u0111\u01b0\u1ee3c Wmax coi l\u00e0 ph\u1ea7n c\u00f2n l\u1ea1i k\u1ef9 thu\u1eadt th\u00f4ng th\u01b0\u1eddng - m\u1ee9c h\u1ed7 tr\u1ee3 c\u1ee7a m\u1ee9c gi\u00e1 4.900 USD l\u00e0 \u0111\u1ee7 \u0111\u1ec3 ch\u1ee9ng minh r\u1eb1ng ng\u01b0\u1eddi mua ch\u01b0a r\u1eddi kh\u1ecfi th\u1ecb tr\u01b0\u1eddng. C\u00e1c nh\u00e0 ph\u00e2n t\u00edch trung l\u1eadp cho r\u1eb1ng c\u00e1c y\u1ebfu t\u1ed1 th\u00fac \u0111\u1ea9y gi\u00e1 v\u00e0ng t\u0103ng trong trung v\u00e0 d\u00e0i h\u1ea1n s\u1ebd ti\u1ebfp t\u1ee5c t\u1ed3n t\u1ea1i v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 ng\u1eafn h\u1ea1n nh\u01b0 di\u1ec5n bi\u1ebfn li\u00ean quan \u0111\u1ebfn Greenland c\u0169ng s\u1ebd mang l\u1ea1i th\u00eam \u0111\u1ed9ng l\u1ef1c.<\/p>\n

\u091a\u093e\u0901\u0926\u0940: \u092c\u0922\u093c\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u092a\u0930\u094d\u092f\u093e\u092a\u094d\u0924 \u0936\u0915\u094d\u0924\u093f, \u0909\u091a\u094d\u091a \u0905\u0938\u094d\u0925\u093f\u0930\u0924\u093e \u0915\u0947 \u0932\u093f\u090f \u0938\u093e\u0935\u0927\u093e\u0928\u0940 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0939\u0948<\/strong><\/p>\n

H\u1ea7u h\u1ebft c\u00e1c nh\u00e0 ph\u00e2n t\u00edch \u0111\u1ec1u l\u1ea1c quan v\u1ec1 \u0111\u00e0 t\u0103ng tr\u01b0\u1edfng ng\u1eafn h\u1ea1n c\u1ee7a b\u1ea1c. Quan \u0111i\u1ec3m c\u1ee7a Paul Williams, gi\u00e1m \u0111\u1ed1c \u0111i\u1ec1u h\u00e0nh c\u1ee7a Solomon Global, x\u00e1c nh\u1eadn nh\u1eadn \u0111\u1ecbnh c\u1ee7a Wmax: nhu c\u1ea7u c\u00f4ng nghi\u1ec7p ng\u00e0y c\u00e0ng t\u0103ng, l\u00e3i su\u1ea5t \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb t\u0103ng, s\u1ee9c h\u1ea5p d\u1eabn n\u01a1i tr\u00fa \u1ea9n an to\u00e0n t\u0103ng l\u00ean v\u00e0 th\u00e2m h\u1ee5t ngu\u1ed3n cung ng\u00e0y c\u00e0ng t\u0103ng s\u1ebd mang l\u1ea1i nhi\u1ec1u h\u1ed7 tr\u1ee3 cho b\u1ea1c. Trong b\u1ed1i c\u1ea3nh gi\u00e1 v\u00e0ng cao, b\u1ea1c \u0111\u00e3 tr\u1edf th\u00e0nh m\u1ed9t ph\u01b0\u01a1ng ti\u1ec7n thu\u1eadn ti\u1ec7n cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00ecnh th\u01b0\u1eddng tham gia v\u00e0o th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd.<\/p>\n

Nh\u01b0ng Wmax c\u0169ng nh\u1eafc nh\u1edf r\u1eb1ng kh\u00f4ng th\u1ec3 b\u1ecf qua t\u00ednh bi\u1ebfn \u0111\u1ed9ng cao c\u1ee7a b\u1ea1c. Bi\u1ebfn \u0111\u1ed9ng 10% trong m\u1ed9t ng\u00e0y m\u00e0 Paul Williams \u0111\u1ec1 c\u1eadp s\u1ebd t\u0103ng l\u00ean khi gi\u00e1 t\u0103ng cao v\u00e0 h\u00e0nh vi ch\u1ed1t l\u1eddi s\u1ebd l\u00e0m suy y\u1ebfu s\u1ee9c h\u1ea5p d\u1eabn ng\u1eafn h\u1ea1n c\u1ee7a n\u00f3. \u0110\u01b0\u1eddng trung b\u00ecnh \u0111\u1ed9ng trong m\u1ed9t tu\u1ea7n l\u00e0 95 USD\/ounce do Chris Vecchio ch\u1ec9 ra v\u00e0 m\u1ee9c h\u1ed7 tr\u1ee3 quan tr\u1ecdng l\u00e0 85 USD\/ounce v\u00e0o cu\u1ed1i th\u00e1ng 1 l\u00e0 nh\u1eefng \u0111i\u1ec3m quan s\u00e1t c\u1ed1t l\u00f5i \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 li\u1ec7u xu h\u01b0\u1edbng t\u0103ng gi\u00e1 c\u1ee7a b\u1ea1c c\u00f3 \u1ed5n \u0111\u1ecbnh hay kh\u00f4ng.<\/p>\n

\"IMG_256\"<\/p>\n

<\/a>D\u1ef1 b\u00e1o c\u1ea5p ti\u1ebfn c\u1ee7a Bank of America: V\u00e0ng \u0111\u1ea1t 6.000 USD, B\u1ea1c c\u00f3 ti\u1ec1m n\u0103ng l\u1edbn h\u01a1n<\/strong><\/p>\n

Ngay khi th\u1ecb tr\u01b0\u1eddng \u0111ang c\u1ed5 v\u0169 gi\u00e1 v\u00e0ng v\u01b0\u1ee3t qua m\u1ee9c 5.000 USD, gi\u00e1 m\u1ee5c ti\u00eau v\u00e0ng c\u1ee7a Bank of America l\u00e0 6.000 USD\/ounce \u0111\u00e3 thu h\u00fat s\u1ef1 ch\u00fa \u00fd. Wmax \u0111\u00e3 ti\u1ebfn h\u00e0nh ph\u00e2n t\u00edch chuy\u00ean s\u00e2u logic d\u1ef1 \u0111o\u00e1n v\u00e0 x\u00e1c nh\u1eadn r\u1eb1ng n\u00f3 c\u00f3 s\u1ef1 h\u1ed7 tr\u1ee3 c\u01a1 b\u1ea3n v\u1eefng ch\u1eafc. Nh\u1eadn \u0111\u1ecbnh c\u1ee7a nh\u00e0 ph\u00e2n t\u00edch Michael Hartnett c\u1ee7a Bank of America d\u1ef1a tr\u00ean b\u1ea3n t\u00f3m t\u1eaft c\u00e1c quy t\u1eafc l\u1ecbch s\u1eed c\u1ee7a th\u1ecb tr\u01b0\u1eddng gi\u00e1 l\u00ean: Trong b\u1ed1n \u0111\u1ee3t th\u1ecb tr\u01b0\u1eddng t\u0103ng gi\u00e1 v\u00e0ng v\u1eeba qua, gi\u00e1 v\u00e0ng \u0111\u00e3 t\u0103ng trung b\u00ecnh 300% trong v\u00f2ng 43 th\u00e1ng. Theo quy lu\u1eadt n\u00e0y, gi\u00e1 v\u00e0ng d\u1ef1 ki\u1ebfn \u200b\u200bs\u1ebd \u0111\u1ea1t 6.000 USD\/ounce v\u00e0o m\u00f9a xu\u00e2n n\u0103m 2026, t\u0103ng h\u01a1n 20% so v\u1edbi m\u1ee9c cao l\u1ecbch s\u1eed hi\u1ec7n t\u1ea1i.<\/p>\n

\u0110\u1ed3ng th\u1eddi, d\u1eef li\u1ec7u c\u00f4ng nghi\u1ec7p c\u0169ng cung c\u1ea5p h\u1ed7 tr\u1ee3. Quan \u0111i\u1ec3m c\u1ee7a Michael Widmer, ng\u01b0\u1eddi \u0111\u1ee9ng \u0111\u1ea7u b\u1ed9 ph\u1eadn nghi\u00ean c\u1ee9u kim lo\u1ea1i t\u1ea1i Bank of America, nh\u1ea5t qu\u00e1n v\u1edbi k\u1ebft qu\u1ea3 kh\u1ea3o s\u00e1t ng\u00e0nh Wmax: s\u1ea3n l\u01b0\u1ee3ng v\u00e0ng c\u1ee7a 13 c\u00f4ng ty khai th\u00e1c v\u00e0ng l\u1edbn \u1edf B\u1eafc M\u1ef9 s\u1ebd gi\u1ea3m 2% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m ngo\u00e1i xu\u1ed1ng c\u00f2n 19,2 tri\u1ec7u ounce v\u00e0o n\u0103m 2026 v\u00e0 t\u1ed5ng chi ph\u00ed duy tr\u00ec trung b\u00ecnh c\u1ee7a c\u00e1c m\u1ecf v\u00e0ng s\u1ebd t\u0103ng 3% l\u00ean kho\u1ea3ng 1.600 USD m\u1ed7i ounce. Khi chi ph\u00ed t\u0103ng v\u00e0 gi\u00e1 t\u0103ng, t\u1ed5ng thu nh\u1eadp tr\u01b0\u1edbc l\u00e3i vay, thu\u1ebf, kh\u1ea5u hao v\u00e0 kh\u1ea5u hao c\u1ee7a c\u00e1c c\u00f4ng ty khai th\u00e1c v\u00e0ng d\u1ef1 ki\u1ebfn \u200b\u200bs\u1ebd t\u0103ng 41% v\u00e0o n\u0103m 2026, \u0111\u1ea1t kho\u1ea3ng 65 t\u1ef7 USD.<\/p>\n

Michael Widmer tin r\u1eb1ng b\u1ea1c ph\u00f9 h\u1ee3p h\u01a1n v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 kh\u1ea9u v\u1ecb r\u1ee7i ro cao h\u01a1n v\u00e0 quan \u0111i\u1ec3m n\u00e0y c\u0169ng \u0111\u01b0\u1ee3c Wmax chia s\u1ebb. T\u1ef7 l\u1ec7 v\u00e0ng-b\u1ea1c hi\u1ec7n t\u1ea1i kho\u1ea3ng 59 c\u00f3 ngh\u0129a l\u00e0 b\u1ea1c v\u1eabn c\u00f3 ti\u1ec1m n\u0103ng v\u01b0\u1ee3t tr\u1ed9i h\u01a1n v\u00e0ng. D\u1eef li\u1ec7u l\u1ecbch s\u1eed cho th\u1ea5y t\u1ef7 l\u1ec7 v\u00e0ng\/b\u1ea1c \u1edf m\u1ee9c th\u1ea5p nh\u1ea5t l\u00e0 32 v\u00e0o n\u0103m 2011, t\u01b0\u01a1ng \u1ee9ng v\u1edbi m\u1ee9c cao nh\u1ea5t l\u00e0 135 USD\/ounce \u0111\u1ed1i v\u1edbi b\u1ea1c. N\u0103m 1980, t\u1ef7 l\u1ec7 v\u00e0ng\/b\u1ea1c gi\u1ea3m xu\u1ed1ng c\u00f2n 14, t\u01b0\u01a1ng \u1ee9ng v\u1edbi gi\u00e1 b\u1ea1c l\u00e0 309 USD.<\/p>\n

\"IMG_256\"<\/p>\n

<\/a>Wmax \u0110\u1ec1 xu\u1ea5t ph\u00e2n b\u1ed5 \u0111\u1ea7u t\u01b0: T\u0103ng t\u1ef7 tr\u1ecdng ph\u00e2n b\u1ed5 v\u00e0ng v\u00e0 n\u1eafm b\u1eaft gi\u00e1 tr\u1ecb l\u00e2u d\u00e0i c\u1ee7a kim lo\u1ea1i qu\u00fd<\/strong><\/p>\n

T\u1eeb g\u00f3c \u0111\u1ed9 ph\u00e2n b\u1ed5 t\u00e0i s\u1ea3n, Wmax k\u1ebft h\u1ee3p d\u1eef li\u1ec7u th\u1ecb tr\u01b0\u1eddng v\u00e0 quan \u0111i\u1ec3m th\u1ec3 ch\u1ebf \u0111\u1ec3 \u0111\u01b0a ra \u0111\u1ec1 xu\u1ea5t c\u1ed1t l\u00f5i v\u1ec1 \u0111\u1ea7u t\u01b0 kim lo\u1ea1i qu\u00fd. \u0110\u1ea7u ti\u00ean, d\u1ef1 tr\u1eef v\u00e0ng c\u1ee7a nhi\u1ec1u ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng kh\u00e1c nhau s\u1ebd \u0111\u1ea1t m\u1ee9c quan tr\u1ecdng v\u00e0o n\u0103m 2025 v\u00e0 ho\u1ea1t \u0111\u1ed9ng mua v\u00e0ng c\u1ee7a h\u1ecd s\u1ebd kh\u00f4ng d\u1eebng l\u1ea1i. V\u00e0ng hi\u1ec7n chi\u1ebfm trung b\u00ecnh 15% t\u1ed5ng d\u1ef1 tr\u1eef c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng. T\u00ednh to\u00e1n m\u00f4 h\u00ecnh cho th\u1ea5y khi t\u1ef7 l\u1ec7 n\u00e0y \u0111\u1ea1t kho\u1ea3ng 30%, vi\u1ec7c ph\u00e2n b\u1ed5 d\u1ef1 tr\u1eef c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c t\u1ed1i \u01b0u h\u00f3a ho\u00e0n to\u00e0n. Michael Widmer ch\u1ec9 ra r\u1eb1ng v\u00e0ng chi\u1ebfm 4% t\u1ed5ng th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh, tr\u00e1i ng\u01b0\u1ee3c ho\u00e0n to\u00e0n v\u1edbi t\u1ef7 l\u1ec7 ph\u00e2n b\u1ed5 th\u1ef1c t\u1ebf c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 gi\u00e1 tr\u1ecb r\u00f2ng cao l\u00e0 0,5%. Wmax \u0111\u00e3 x\u00e1c nh\u1eadn th\u00f4ng qua x\u00e1c minh d\u1eef li\u1ec7u r\u1eb1ng trong m\u00f4i tr\u01b0\u1eddng th\u1ecb tr\u01b0\u1eddng k\u1ec3 t\u1eeb n\u0103m 2020, t\u1ef7 l\u1ec7 ph\u00e2n b\u1ed5 v\u00e0ng c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u00e1n l\u1ebb ph\u1ea3i cao h\u01a1n nhi\u1ec1u so v\u1edbi 20% v\u00e0 t\u1ef7 l\u1ec7 ph\u00e2n b\u1ed5 30% c\u0169ng l\u00e0 h\u1ee3p l\u00fd.<\/p>\n

T\u00e1c \u0111\u1ed9ng c\u1ee7a ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 c\u1ee7a Hoa K\u1ef3 \u0111\u01b0\u1ee3c Michael Widmer nh\u1ea5n m\u1ea1nh c\u0169ng l\u00e0 tr\u1ecdng t\u00e2m c\u1ed1t l\u00f5i c\u1ee7a Wmax. M\u00f4 h\u00ecnh cho th\u1ea5y trong chu k\u1ef3 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 n\u1edbi l\u1ecfng, khi t\u1ef7 l\u1ec7 l\u1ea1m ph\u00e1t tr\u00ean 2%, gi\u00e1 v\u00e0ng s\u1ebd t\u0103ng trung b\u00ecnh 13%. Th\u1ecb tr\u01b0\u1eddng th\u1eadm ch\u00ed kh\u00f4ng c\u1ea7n C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang c\u00f4ng b\u1ed1 c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t t\u1ea1i m\u1ed7i cu\u1ed9c h\u1ecdp. Ch\u1ec9 c\u1ea7n x\u00e1c nh\u1eadn r\u1eb1ng l\u00e3i su\u1ea5t \u0111ang trong k\u00eanh gi\u1ea3m, \u0111i\u1ec1u \u0111\u00f3 \u0111\u1ee7 \u0111\u1ec3 h\u1ed7 tr\u1ee3 gi\u00e1 v\u00e0ng cao h\u01a1n. Wmax s\u1ebd ti\u1ebfp t\u1ee5c theo d\u00f5i nh\u1eefng thay \u0111\u1ed5i v\u1ec1 cung v\u00e0 c\u1ea7u tr\u00ean th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd, xu h\u01b0\u1edbng mua v\u00e0ng c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng v\u00e0 t\u1ed1c \u0111\u1ed9 ch\u00ednh s\u00e1ch c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang. V\u1edbi kh\u1ea3 n\u0103ng nghi\u00ean c\u1ee9u v\u00e0 \u0111\u00e1nh gi\u00e1 th\u1ecb tr\u01b0\u1eddng chuy\u00ean nghi\u1ec7p, n\u00f3 s\u1ebd cung c\u1ea5p cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u00e0i li\u1ec7u tham kh\u1ea3o ra quy\u1ebft \u0111\u1ecbnh k\u1ecbp th\u1eddi v\u00e0 \u0111\u00e1ng tin c\u1eady.<\/p>","protected":false},"excerpt":{"rendered":"

V\u00e0ng giao ngay v\u01b0\u1ee3t qu\u00e1 5.000 USD, b\u1ea1c \u0111\u1ee9ng \u1edf m\u1ee9c 108 USD v\u00e0 Bank of America d\u1ef1 \u0111o\u00e1n gi\u00e1 m\u1ee5c ti\u00eau c\u1ee7a v\u00e0ng l\u00e0 6.000 USD. Gi\u1ea3i th\u00edch xu h\u01b0\u1edbng th\u1ecb tr\u01b0\u1eddng v\u00e0ng v\u00e0 b\u1ea1c, m\u00f4 h\u00ecnh cung c\u1ea7u, xu h\u01b0\u1edbng mua v\u00e0ng v\u00e0 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng, \u0111\u1ed3ng th\u1eddi n\u1eafm b\u1eaft gi\u00e1 tr\u1ecb \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n c\u1ee7a kim lo\u1ea1i qu\u00fd.<\/p>","protected":false},"author":1,"featured_media":8616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[121],"tags":[416,487,383],"class_list":["post-8615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-416","tag-487","tag-383"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/8615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/comments?post=8615"}],"version-history":[{"count":1,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/8615\/revisions"}],"predecessor-version":[{"id":8625,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/8615\/revisions\/8625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media\/8616"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media?parent=8615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/categories?post=8615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/tags?post=8615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}