Even though the vaccination progress in the Eurozone is slower than that of its peers, the United Kingdom and the United States, the tightening of monetary policy may be faster than expected when compared to the United States. The European Central Bank (ECB) Deputy Governor Luis De Guindos said in a newspaper interview on Monday that if the if the Eurozone vaccination program progresses smoothly, once the vaccinations reach 70% of the adult population and the economy starts to grow again, the ECB will consider withdrawing the transitional loose monetary policy. These remarks are very different from Fed Chairman Powell’s statement at the interest rate meeting last week that inflation is only a short-lived phenomenon, and that the bureau is not in a hurry to tighten its monetary policy.
The price of gold has embraced its largest range of fluctuations in 13 trading days and is trying to break the $1,800 threshold. Due to the US ISM Manufacturing Purchasing Managers Index (PMI), India’s epidemic and optimism about the new crown vaccine, Fed Chairman Powell and US Treasury Secretary Yellen downplayed inflation concerns, all giving gold prices a boost. However, as the markets in China and Japan are currently closed, the upward momentum brought about by optimistic momentum is limited. Looking ahead, the new data from the Reserve Bank of Australia will attract investors to the gold market. As of 08:25 Hong Kong time, the price of gold fell slightly by 0.12% to US$1,790.80.
场外式黄金/白银交易由 Max Online 提供。 场外式黄金/白银交易涉及高度风险，未必适合所有投资者。 高度的杠杆可为阁下带来负面或正面的影响。 场外式黄金/白银并非受证券及期货事务监察委员会（「证监会」）监管，因此买卖场外式黄金/白银将不会受到证监会所颁布的规则或规例所约束，包括（但不限于）客户 款项规则。 阁下在决定买卖场外式黄金/白银之前应审慎考虑自己的投资目标、交易经验以及风险接受程度。 可能出现的情况包括蒙受部分或全部初始投资额的损失，或在极端情况下（例如相关市场跳空）产生更多的损失。 因此，阁下不应将无法承受损失的资金用于投资。 投资应知悉买卖场外式黄金/白银有关的一切风险，如有需要，请向独立财务顾问寻求意见。
