11 December 2020
–
5
–
Gold futures price Thursday’s close (Dec.10) fell slightly $ 1.10 amid expectations about the start of the COVID-19 vaccination program. Of the United Kingdom and the United States
Comex Gold Contract February delivery Slightly down $ 1.10 to close at $ 1,837.40 / ounce.
Gold market investors continue to keep an eye on the developments in the development of the COVID vaccine. The good news about vaccines has a positive effect on the stock and oil markets. But not good for the price of gold But it is forecast that the US Congress will accelerate economic stimulus measures to treat businesses and people affected by the COVID-19 outbreak. Help support the price of gold
U.S. House of Representatives Nancy Pelosi and Senate Majority Leader Mitch McConnell Express hope that Congress will be able to reach an agreement on stimulus and provisional budget legislation by Dec. 11, the last day before U.S. government agencies face a shutdown.
Markets also keep an eye on the Federal Reserve’s monetary policy meeting next week. To find the direction of the Fed’s monetary policy.
– .
