Weekly

December 21st

Today's volatility range:

The new variant virus Omicron is raging all over the world, and the uncertainty of the economic outlook has spread to all financial products, whether crude oil, stocks, cryptocurrencies or even US dollars have fallen. Naturally, gold can't be immune,

Yesterday, the price of gold failed to break through $1,800 again, and it seems that it lost momentum. It is expected that it will seek support downward today. Today's suggested volatility ranges from $1781 to $1792.

Shang Tang Group, a Hong Kong stock, was accused by the United States of assisting China in its fight against human rights with its face recognition technology, so it was included in the sanctions list by the US government; Shang Tang Group also delayed its listing due to sanctions to avoid legal risks.

Plan. Last week, the Group announced that it would re-arrange the IPO. This time, it made a comeback. Naturally, it added the sanction by the United States to the risk items in the IPO documents, and thus formed unfavorable factors for the IPO pricing. Maybe you

On the first day of junior high school and the fifteenth day of junior high school, the group decided to shut out the cornerstone investors of American funds in order to regenerate the trouble. In Hong Kong, there is another case that the crew members are infected with the virus, but the virus cannot be detected early, so that people with the virus can

Walking into the community once again caused panic, and hit investment confidence again, looking down on Hong Kong's economy. Hong Kong stocks have been weak before, and three officials of the US Federal Reserve last Friday supported raising interest rates in March next year.

U.S. stocks closed lower on Friday, Hong Kong stocks opened lower with the periphery, and Hang Seng Index closed down 447 or 1.93%, falling below 23,000 points.

The epidemic situation in Europe is getting worse, and the annual Davos World Economic Annual Meeting has been cancelled for two consecutive years because of the epidemic situation. And it will be held in the middle of next year. The Netherlands announced the closure of the city on Christmas Eve, making the festive atmosphere.

The eclipse will definitely hit the gold consumption schedule in the western world. In the face of the bad epidemic, the three major European stock markets fell across the board, and the Bank of England unexpectedly raised interest rates last Wednesday, further cracking down on risk markets, the three major European markets.

The stock market index continued its downward trend, and the German DAX index fell by 1.88%; Paris CAC index fell by 0.82%; Britain's FTSE 100 index fell 0.99%. The US President's $1.75 trillion infrastructure plan is due to the ruling party.

Some people raised temporary objections, and the bill had a chance to hit the rocks. Some investment banks immediately lowered the economic performance of the United States next year. Coupled with the Federal Reserve's release of eagle on Friday, the US stock market recorded its worst performance in a month last week, and it performed completely today.

Weakness.

The Dow Jones index fell nearly 700 points at most, and the closing decline narrowed, still falling by 433 points or 1.23%. Standard & Poor's 500 Index fell by 1.914%; The Nasdaq index fell 1.24% to close. New variant virus Omicron Global

Raging, the United States followed in Britain's footsteps, and Omicron virus gradually became the mainstream, and the number of infected people doubled in the past two days. Investors' worries about the economic prospects spread to all financial products, regardless of crude oil, stocks and cryptocurrencies.

Even the dollar fell. Naturally, gold is not immune. The price of gold rose above 1,800 US dollars yesterday, reaching the highest of 1,804.2 US dollars and the lowest of 1,788.4 US dollars, closing at 17,980.6 US dollars, down 7.6 US dollars.

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