22 December 2020
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Gold futures price Closed on Monday (Dec. 21) dropped $ 6.10 as a result of the dollar’s appreciation. Which reduced the attractiveness of gold This makes gold contracts more expensive for holders of other currencies.
Comex Gold Contract February delivery It was down $ 6.10 to close at $ 1,882.80 an ounce.
Even though the price of gold has dropped today But gold remains one of the best-priced assets this year, gaining 24 percent since the start of the year. Respond to monetary policy easing And the use of central banks’ economic stimulus measures around the world
Gold prices rebounded early. After the progress in the US economic stimulus measures.
US Congress leaders were able to reach an agreement on a $ 9 billion stimulus package this morning. The measure aims to cure people and businesses affected by the COVID-19 outbreak.
Republican Senate Majority Leader Mitch McConnell and Democrats Senate Minority Leader Chuck Schumer. Has announced the completion of the said agreement Mr McConnell said “After a long negotiation Congress leaders from both parties were finally able to reach an agreement. ”
Congress will vote on the stimulus package today. Including a temporary budget law to help government agencies to continue operating until Dec.21
The British Prime Minister Boris Johnson. Prepare to hold an emergency meeting today. To address the crisis of mutation of the COVID-19 virus This has led many countries around the world to announce the suspension of flights from the UK.
Several media releases have made the news of the COVID-19 outbreak in Britain, with the Daily Mirror making headlines “Sick Man of Europe” or “Sick Man of Europe”.
Britain now has more than 2 million cases of COVID-19, the sixth highest in the world, while more than 67,000 have died.
Several countries around the world today announced the suspension of flights from the UK. After finding out that the COVID-19 virus There are mutations in England Which causes the infection to spread 70% faster than before
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