Abstract: The United Kingdom will announce a list of lifting the regulations for the isolation of tourists from entry later today. It is reported that this list will include more than 50 countries. The United States may be excluded from this list because of the serious epidemic situation, and the British Secretary of Transportation has basically confirmed this possibility.
July 3rd The United Kingdom will announce a list of lifting the regulations on the isolation of tourists' entry later today. It is reported that this list will include more than 50 countries. The United States may be excluded from this list because of the serious epidemic situation, and the British Secretary of Transportation has basically confirmed this possibility.
On Friday (July 3), silver futures opened at US$18.270/oz, with a peak of US$18.330/oz and a lowest of US$18.220/oz. As of press time, it was temporarily reported at US$18.270/oz, a decrease of 0.28%.
The UK will lift the entry isolation regulations for more than 50 countries
The European epidemic has slowed, and the pace of restarting economic activities is also accelerating. The UK plans to lift restrictions on entry isolation for some countries. British Transport Minister Grant Shapps (Grant Shapps) said on Friday (July 3) that it will lift the entry segregation regulations for tourists from more than 50 countries.
He told the media: There will be a list of more than 50 countries, and if there are about 60 British Overseas Territories, we will announce it later today. According to existing regulations, tourists entering the UK must be isolated for 14 days.
Earlier reports said that from next Monday (July 6), the United Kingdom will distinguish the epidemic situation of other countries according to three risk levels, namely low-risk green, medium-low-risk amber and high-risk red. If the epidemic is serious, it is likely to be rated as red and unable to enter the UK's "air corridor" list. When asked whether the United States would be included in the list of high-risk countries in red, Sharps said: I am afraid this is the case. Basically confirmed this news.
Silver futures outlook
Silver futures edged lower, but still stayed above the 18.2 mark. Between positive economic data and the rallying backlash of the epidemic, investors are weighing, and the long and short sides are cautious. Overall, precious metal prices are still optimistic due to the strong fundamentals. The analysis pointed out that in turbulent times, precious metals are still a good asset class for diversified investment, and provide investors with good returns. In the current situation, precious metals are doing the same thing.
Afshin Nabavi, senior vice president of precious metals dealer MKS SA, said that many companies ushered in the end of the fiscal year in June, and yesterday was a new fiscal year. He said that many people are optimistic about precious metals, and everyone is looking for a safe haven.
After seeing very encouraging price movements this week, Gainesville gold and precious metals expert Everett Millman believes that there may be a summer rebound in July and August.