A series of investment channels are 'hot': Gold and silver increase, stocks near historical peak

In the first half of 2025, some investment channels have been diverging, but recently they have all increased in price. This situation has made investors holding cash confused in choosing the right time and channel to disburse.

Many investment channels are increasing in value - Illustration: AI

Before you know it, every investment channel has increased in value.

In this afternoon's trading session (July 14th), domestic gold prices continued to remain high at most businesses. At Bao Tin Minh Chau, plain gold rings were listed at 116.2 - 119.2 million VND/ounce (buying price - selling price), while SJC gold maintained a price of 119.5 - 121.5 million VND/ounce.

On the international market, gold prices fluctuated within the range of $3,300 - $3,400 per ounce, showing an upward trend recently due to trade tensions and new tariffs expected to take effect from August 1st.

Not only gold, but also domestic silver prices continued their upward trend, following the international market trend. At Phu Quy Gold, Silver and Gemstone Group, silver was listed at 1.486 million VND/ounce for buying and 1.532 million VND/ounce for selling.

The upward trend was supported by strong buying from ETFs, as the volume of silver held by these funds reached its highest level in nearly three years.

In addition, rising US government bond yields have increased demand for safe-haven assets – not just gold but also silver – amid growing global market uncertainty.

Along with the sharp rise in precious metals prices, the cryptocurrency and stock markets have also become more active in recent days. Notably, Bitcoin surpassed the $120,000 mark for the first time in the morning session of July 14th.

According to estimates by Triple-A and Chainalysis, over 17% of Vietnam's population owns or is currently owning cryptocurrency assets, placing Vietnam among the countries with the highest participation rates in the crypto market worldwide . It's no surprise that fluctuations in the crypto market always attract significant attention from domestic investors.

Meanwhile, on the stock market, strongly supported by vibrant capital flows, the VN-Index has risen for 7 consecutive sessions, reaching 1,470 points.

Several securities companies and international organizations have recently raised their forecasts, predicting that Vietnam's representative stock index will surpass 1,600 points.

Forecast of upcoming fluctuations in investment channels.

Regarding the stock market, Ms. Thai Phuong Thao, an analyst at Vietcombank Securities (VCBS), stated that the flow of money in the market remains active.

However, she noted that early profit-taking pressure is beginning to appear, as the index has risen nearly 90 points without any significant correction. In addition, foreign capital – a factor supporting large-cap stocks – also recorded its first net selling session after a series of consecutive net buying.

Given these signs, Ms. Thao advises investors to avoid chasing rapidly rising stocks, maintain a safe margin ratio, and consider investing in mid- and small-cap stocks when the market experiences intraday fluctuations.

Meanwhile, in its recently published macroeconomic report, Yuanta Securities Vietnam stated that world gold prices had remained almost unchanged for the past two months after a sharp increase since the beginning of the year.

Amidst ongoing geopolitical and trade tensions, Yuanta experts predict that gold prices may continue to remain in this range until the end of 2025.

Besides gold, silver prices also recorded positive developments.

According to a report by the analysis team of Phu Quy Gold and Gemstone Group, silver has been consolidating around the $37-38/ounce range over the past week, and a breakout through key resistance levels is helping silver prices rise to their highest level in 14 years.

This upward trend was supported by increased demand from ETFs along with a reduction in selling volume by manufacturers.

Analysts at Phu Quy predict that silver prices may continue to move towards the upper edge of the uptrend channel, with a short-term target above $42 per ounce.

Overall, in the context of a market fraught with unpredictable factors – from geopolitical risks and exchange rate fluctuations to global inflation – Associate Professor Dr. Nguyen Huu Huan, senior lecturer at the University of Economics Ho Chi Minh City, recommends that investors develop smart risk mitigation strategies, especially adhering to the principle of "not putting all your eggs in one basket".

According to him, a rational portfolio allocation across channels such as stocks, real estate, bank deposits, and a portion in precious metals will help preserve capital while creating room for sustainable long-term returns.

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BINH KHANH

Source: https://tuoitre.vn/loat-kenh-dau-tu-cung-nong-vang-bac-tang-cao-chung-khoan-sat-dinh-lich-su-20250714191814449.htm