More than Half of the UK Population has Completed Their First Dose of Covid Vaccine / The Price of Gold Plummeted

In English
March 30, 2021

More than Half of the UK Population has Completed Their First Dose of Covid Vaccine
The British Ministry of Health announced that as of last Saturday, more than 30.15 million people had completed the first dose of Covid vaccine, accounting for about 57% of the British adult population. Among them, more than 3.527 million people had completed the second dose of vaccine. In addition, British Prime Minister Johnson stated earlier that the government plans to complete the local vaccinations for all people aged 50 and above by April 15. In addition, the market expects that the UK and Europe are expected to reach a compromise on vaccine supply issues, paving the way for the acceleration of future vaccination progress.

The Price of Gold Plummeted
The price of gold has been sluggish and has continued to fall and even reached US$1705. It is currently hovering near US$1710. The recovery of the new crown vaccination plan has boosted investors to turn to stock futures prices, and safe-haven gold has been severely challenged. Although the Sino-US geopolitical war has transformed from a war of words into actual sanctions, the risk sentiment driven by sanctions has been digested by investors. Although China and the United States do not have the latest measures, investors need to continue to pay attention to the dynamic updates of US President Biden’s multilateral alliance. As of 08:32 Hong Kong time, the price of gold rose by 0.05% to US$1712.50.

場外式黃金/白銀交易的風險:
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.