The UK Extends the Stamp Duty Reduction Plan to Revitalize the Property Market / Optimistic Market Conditions Support Gold Prices

According to the latest survey report of the British mortgage company Halifax, the local average property prices in March increased by 1.1% and 6.5% respectively month-on-year and year-on-year. Its annual growth in property prices is the strongest in the past 4 months. UK property prices strengthened again in March, mainly because the British Finance Minister announced in his March budget that he extended the stamp duty reduction plan that ended at the end of March to September this year, thus once again stimulating buyers to buy in the market. Building, and pushed up property prices.

Before the end of last week, the price of gold faced setbacks from the stabilization of U.S. bond yields and the U.S. dollar index. The beginning of this week was also determined to be under pressure on a short position. However, as the Federal Reserve continued to release dovish messages, Fed Chairman Powell’s speech again boosted the optimistic fundamentals, emphasizing that the US economy is approaching an inflection point and the job market momentum will increase in the next few months. The geopolitics of China and the United States are showing a brand-new situation. The senior government officials of US President Biden will go to China for the first time to discuss cooperation with their counterparts on climate change issues. The market’s optimism will strongly support gold and avoid the long-lasting and unbearable situation of falling short. As of 08:24 Hong Kong time, the price of gold had fallen by 0.10% to US$1,742.40.

場外式黃金/白銀交易的風險:
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。