[ad_1]
Original caption: Trump said that the voting machine eliminated its 2.7 million votes and that the number of new cases of crowns in the United States surpassed 160,000 in a single day. Gold priceJust broke $ 1880
FX168 Financial News (Hong Kong) Friday News (Nov 13) Asian markets, the US dollar index basically held steady, close to the 93 mark; Spot gold maintained an upward trend, the latest gold price exceeded the 1880 US dollars per ounce mark, the current gold price remains around 1879 US dollars an ounce. Earlier this week, due to encouraging late-stage vaccine trial data released by Pfizer Pharmaceuticals to propel the stock market higher, safe-haven gold has taken a sharp decline. However, in the last days of trading, the price of gold has stabilized and recovered. Analysts noted that the results of the United States general election are still pending and this uncertainty supports the price of gold. In addition, the global epidemic of new crowns remains serious and the number of new cases of new crowns in the United States in a single day continues to reach a high level. The aggravated epidemic may put more pressure on the economy and lead policy makers to offer more economic stimulus measures, which will benefit the market outlook for gold prices.
Gold prices rose sharply on Thursday, and investors’ hopes for more fiscal and monetary stimulus measures provided support for gold. Spot gold closed at US $ 1,876.57 an ounce, an increase of US $ 11.57 or 0.62%.
The well known financial website Economies.com wrote an article that the price of gold continued to rise on Thursday, thus consolidating the expectation that the price of gold would continue its upward trend.Our first target for the price of gold is US $ 1,901, 80 oz. If it exceeds this level, the next target for the price of gold is $ 1,934.86 per ounce. Keeping the price above $ 1,690.90 per ounce is a key condition for achieving the aforementioned bullish target.
US Epidemic Continues To Get Worse, Gold Prices Supported
The United States continues to set the worst record and the epidemic in the Northeast has further deteriorated, adding to the shaky Midwest region. Data released Thursday showed that the number of initial jobless claims in the United States has decreased, but the rate of decline has slowed and further improvements may be limited by the new corona pneumonia pandemic.
Phillip Streible, Chief Market Strategist at Blue Line Futures, said: “The gold market is focused on the stimulus measures and the number of confirmed cases of the new crown, which continue to rise.”
As the number of newly diagnosed single-day cases reported in the United States has repeatedly reached new highs, the number of newly diagnosed coronary cases and hospitalizations in nearly every state in the United States continues to rise. The new corona epidemic is also spreading rapidly in other parts of the world, and many countries have renewed blockades. The spread of the new corona epidemic will help boost demand for gold as a safe haven.
Worldometers real-time global statistics show that the cumulative number of confirmed cases of new coronary pneumonia worldwide has exceeded 53.07 million. At present, there are ten countries in the world with more than 1 million confirmed cases: the United States, India, Brazil, France, Russia, Spain, Argentina, Great Britain, Colombia and Italy. The United States, Brazil, and India have three countries with cumulative deaths greater than 100,000.
The cumulative number of confirmed cases of new coronary pneumonia in the United States exceeded 10.87 million, with more than 160,000 new cases in a single day; the cumulative number of deaths exceeded 248,000 and the number of deaths in a single day exceeded 1,100.
According to the latest CNN report, California has become the second US state with more than 1 million infections since the outbreak of the new corona epidemic. Previously, Texas became the first state in the United States to have more than 1 million confirmed cases of new corona. CNN’s chief medical correspondent Sanjay Gupta said on Nov. 12 that the outbreak in the United States was a “humanitarian disaster” and was the worst report he had had since in media journalistic work.
For related news, click[El número acumulado de diagnósticos confirmados en los Estados Unidos superó los 10,87 millones de casos en Texas y California, el número de casos confirmados superó el millón]
Hitesh Jain, chief analyst at Mumbai-based Yes Securities, said: “The intensification of the second wave of COVID-19 may delay the economic recovery process, increase the level of uncertainty and support precious metals.”
AvaTrade Market Analyst Naeem Aslam noted that gold continues to benefit from safe-haven trading and investors are once again cautious of the US epidemic.
Ole Hansen, Head of Commodity Strategy at Saxo Bank, said he is still bullish on gold in the short term because he expects the vaccine to take some time to go public. Hansen said: “The virus can go away, but this does not mean that economic growth will improve rapidly. It has caused a lot of damage and cannot be easily repaired, and it will take a long time.”
Michael Antonelli, Market Strategist at Baird, said: “The market is responding to the increase in new corona cases in the United States. Vaccine news will help at some point in the future, but now we are faced with the problem of accelerating the spread of the virus “.
Fed Chairman Powell warned Thursday that despite recent advances in vaccines, “the next few months may be full of challenges.”
An analyst at the Industrial Credit Investment Bank of India noted that despite optimistic progress made on the new corona pneumonia vaccine, investors are still concerned about the economic consequences of tighter restrictions that will help support the increase. of gold prices.
A report from a Royal Bank of Canada (RBC) client shows that the bank believes that the factors that support gold prices still exist. RBC said that even without considering the risk of a virus resurgence, effective vaccines take time to distribute and the economy takes time to recover. Long-term political uncertainty remains worrisome.
Trump said the voting machine removed his 2.7 million votes
More than a week has passed since Election Day in the United States. There are still controversies over the election results. Many US media announced that Democratic presidential candidate Biden won the 2020 elections, but current President Trump has not yet accepted the election results. The uncertainty of the outcome of the US elections will help boost demand for gold as a safe haven.
On Thursday local time, US President Trump complained on Twitter that Dominion’s vote counting system removed 2.7 million votes across the country, including 221,000 votes in Pennsylvania. Trump claimed that these votes were counted for Biden in the statistical results. A few days ago, Cox, chairman of the Michigan Republican Party, pointed out that in Antrim County, the Dominion counting system used a software bug in the counting software.
Trump noted on Twitter Thursday that data analysis found that 221,000 votes in Pennsylvania were transferred from Trump to Biden, and 941,000 votes were removed from Trump. All the states that use Dominion’s vote counting system transferred 435,000 votes from Trump to Biden.
(Image source: Twitter)
Subsequently, Dominion Voting Systems, which provides voting machines across the United States, rebutted Trump’s earlier statement. Dominion Voting Systems is based in Denver. Dominion Voting Systems said on Twitter: “Dominion strongly denies any claims that our voting system has a ballot exchange or so-called software problems.”
Additionally, Dominion Voting Systems also stated in a statement to the Denver Post: “Our system continues to count votes reliably and accurately, and state and local electoral authorities have publicly confirmed the fairness of the process.”
According to Fox News, Michigan Republican Party Chairman Cox said on November 6 local time that the vote counting software in Antrim County in the state had failed, resulting in the counting of 6,000 votes cast. for Trump in the county. Under the name of Biden. Cox said that although County Antrim has updated the most recent data, at least 47 other counties use the same ticket counting system. According to a Fox News poll, in addition to the Dominion vote counting system used in Michigan, at least 30 states in the United States are also using it.
White House Press Secretary McNerney appeared on Fox News on the night of November 10, ET, presenting 234 pages of testimony claiming election fraud and listing new cases claimed by the Trump campaign. .
US President Trump wrote on Twitter on November 12 local time: “It took enough time! What’s taking North Carolina so long to do? Are you looking for more votes to manipulate (the voting results)? Now we count the votes, and we will also take Georgia. Pennsylvania and Michigan do not allow our poll watchers to enter the counting room. It’s illegal! “
2020 is a special year. Under the global epidemic of the “new crown”, cross-border traffic is blocked and the flow of people is restricted. Most of the offline exposures have been pushed to stop. However, the demand for cooperation and communication between companies and between companies and individual investors has not diminished at all. The era has brought new opportunities. Relying on the powerful technology of the Internet, “cloud visualization, cloud drainage, cloud interaction and cloud negotiation” have become very easy for enterprises. “2020 Asia Trading Expo” will be held online from December 4-5. To register for the expo, click the link below
https://www.asiatradingsummit.com/?utm_source=mtzxbj
Massive information, accurate interpretation, all in the Sina Finance APP
