Gold prices are currently a hot topic, continuously rising, reaching over 98 million VND/tael in Vietnam and over 3,000 USD/ounce worldwide. However, many stocks on the stock exchange have seen even stronger growth, with shares from Vingroup (VIC, VHM), GELEX (GEX, GEE), and several financial stocks (SHB, VIX, VND, VCI) showing remarkable increases. The VN-Index has only increased about 5% year-to-date, which is less than the gold prices. Investors need to be careful in choosing their stocks, as many may still incur losses. Investing in stocks requires expertise, especially in short-term trading. While gold is safe for long-term holding, stocks also have great potential for long-term profitability, particularly in a stable economic context with good growth prospects.
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