U.S. cases COVID-19 continue to surge, increasing market anxiety, Gold rose to a half-year high
U.S. cases COVID-19 continue to surge, increasing market anxiety
According to statistics from Johns Hopkins University in the United States, the cumulative number of confirmed New Coronavirus cases on U.S. Independence Day public holiday weekends has increased to more than 28.528 million cases, a sharp increase to 12.01 million cases from the 2.732 million cases on Thursday. Among them, confirmed cases including Texas, Florida and Arizona have all seen a sharp rise. The number of COVID-19 in the United States continues to surge, adding to the market's worries about the prospects for a global economic recovery and easing market investment sentiment.
Gold rose to a half-year high
Just over the past week, spot gold has shown a trend of rising and falling overall, because the new cases of the COVID-19 epidemic in the United States have surged, market fears have risen, and the Fed Chairman Powell’s speech is biased towards doves. The minutes of the meeting released a signal to maintain monetary easing and the price of gold once Breaking through the 1780 mark, refreshing the high of nearly half a year to 1789.28 US dollars per ounce; but a series of economic data released this week were optimistic, including non-agricultural data, global stock markets generally rose, limiting the rise in gold prices, and finally closed at 1775.32 US dollars/ Ounces, the weekly rose slightly by 0.23%.
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/
According to statistics from Johns Hopkins University in the United States, the cumulative number of confirmed New Coronavirus cases on U.S. Independence Day public holiday weekends has increased to more than 28.528 million cases, a sharp increase to 12.01 million cases from the 2.732 million cases on Thursday. Among them, confirmed cases including Texas, Florida and Arizona have all seen a sharp rise. The number of COVID-19 in the United States continues to surge, adding to the market's worries about the prospects for a global economic recovery and easing market investment sentiment.
Gold rose to a half-year high
Just over the past week, spot gold has shown a trend of rising and falling overall, because the new cases of the COVID-19 epidemic in the United States have surged, market fears have risen, and the Fed Chairman Powell’s speech is biased towards doves. The minutes of the meeting released a signal to maintain monetary easing and the price of gold once Breaking through the 1780 mark, refreshing the high of nearly half a year to 1789.28 US dollars per ounce; but a series of economic data released this week were optimistic, including non-agricultural data, global stock markets generally rose, limiting the rise in gold prices, and finally closed at 1775.32 US dollars/ Ounces, the weekly rose slightly by 0.23%.
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/
