Due to the new crown vaccine news and Biden’s transfer of power, the price of gold plummeted
The White House Vaccine Working Group said that the Food and Drug Administration (FDA) will meet on the 10th of next month to discuss whether to authorize the emergency use of the above-mentioned vaccines. If approved, the new crown vaccine is expected to be available in mid-December. In addition, the Director of General Services of the United States stated that he has sent a letter to President-elect Biden and is preparing to start the formal handover process. The news is expected to further alleviate the market’s concerns about the epidemic and the uncertainties of the US post-election regime, which will increase the market’s appetite for risky assets. After falling below the important support of US$1,850, the price of gold fell below the level of US$1,800.
Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/
場外式黃金/白銀交易由 Max Online 提供。場外式黃金/白銀交易涉及高度風險，未必適合所有投資者。高度的槓桿可為閣下帶來負面或正面的影響。場外式黃金/白銀並非受證券及期貨事務監察委員會（「證監會」）監管，因此買賣場外式黃金/白銀將不會受到證監會所頒布的規則或規例所約束，包括（但不限於）客戶款項規則。閣下在決定買賣場外式黃金/白銀之前應審慎考慮自己的投資目標、交易經驗以及風險接受程度。可能出現的情況包括蒙受部分或全部初始投資額的損失，或在極端情況下（例如相關市場跳空）產生更多的損失。因此，閣下不應將無法承受損失的資金用於投資。投資應知悉買賣場外式黃金/白銀有關的一切風險，如有需要，請向獨立財務顧問尋求意見。