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Gold futures fell more than $ 20, close to $ 1,850 on the day. While investors sell gold as a safe haven. Tracking Progress In Developing A COVID-19 Vaccine That Will Make The Economy Rebound AND People Return To Normal Life
The price of gold was also pressured by the strength of the dollar. This makes gold contracts more expensive for holders of other currencies.
At 8:57 p.m. Thai time, in December the gold contract is delivered on the COMEX (Commodity Exchange) market. It fell $ 21.10, or 1.12 percent, to $ 1,852.80 an ounce.
Although the price of gold fell today But gold remains one of the best-priced assets this year, gaining 23 percent since the beginning of the year. Responding to the easing of monetary policy AND the use of economic stimulus measures by central banks around the world
Analysts say that gold is likely to fall to $ 1,800 in the near term.
Pfizer Inc., the largest US pharmaceutical company, and German pharmaceutical company BioNTech said the results of the final data analysis indicate that the COVID-19 Viral Vaccine that the two companies developed together 95% effective against COVID -19
Pfizer revealed that the company will submit an application for approval of the vaccine to the United States Food and Drug Administration (FDA) in the coming days. The company expects to produce 50 million doses of the vaccine this year and 1.3 billion doses next.
Previously, Moderna, Inc., an American biotechnology company, said that results from a phase III trial of the COVID-19 vaccine showed the vaccine was 94.5% effective against COVID-19.
