Weekly

December 9th

Today's volatility range:

The gold market has a strong wait-and-see atmosphere, as if waiting for the US inflation data on Friday, because the data will affect the Fed's decision to raise interest rates early. The price of gold continues to fluctuate in no direction, but there is no increase in the amplitude. It is expected that the price of gold will still

It will fluctuate between the two forces of virus and interest rate hike, the direction is unclear, and it will run amok at 1760 and 1800 dollars for a period of time in the short term. Today's suggested volatility ranges from $1,770 to $1,790.

Every other night, the three major indexes of the US stock market closed high for the third consecutive day, but failed to push the Hong Kong stock market further. Yesterday, Hong Kong stocks held at 24,000 points, and it was hard to cross the line. Investors had digested the news of the RRR cut of the People's Bank of China.

And eased the panic of the new variant virus Omicron. During the busy trading period, the total turnover of Hang Seng Index decreased by 25% to HK$ 116 billion per day, and finally only rose by 13 points or 0.06% to close. Investors overcame the change.

The fear of the virus Omicron; However, the UK is still expanding community restrictions to prevent the spread of the epidemic, creating a tense market atmosphere, and investors are also taking advantage of the high reduction of calm profits. The three major European stock markets retreated, Germany DAX said.

The number fell by 0.8%; Paris CAC index fell by 0.72%; Britain's FTSE 100 index fell 0.03%.

Pfizer and BioNTech said that preliminary research shows that the third dose of vaccine can effectively neutralize the severe effects of Omicron variant virus, and help alleviate the market's worries about the new variant virus Omicron, US stocks yesterday.

Repeatedly and steadily, US stocks rose for the third consecutive day, with Dow Jones index rising by 0.1% and S&P 500 index rising by 0.31%. The Nasdaq index rose 0.64%, the best performance since March this year. Wait-and-see atmosphere in gold market

Still strong, yesterday the price of gold fluctuated without increasing. During the Asian session, the highest price of gold rose to $1,793.2, but the vaccine boosted the risk atmosphere of the market, and the price of gold was under pressure. The price of gold was once as low as $1,779.7, but the price of gold was as low as $1,793.2.

Although the index rose yesterday, it was neutralized by the decline in the yield of government bonds, which did not bring more harm to the gold market. The price of gold closed at 1782.8 US dollars yesterday, down 1.3 US dollars.

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