Abstract: When the United States tried to unblock the epidemic, the spread of the epidemic has not slowed down significantly. The number of confirmed cases in the United States has exceeded 1.38 million, and infections have occurred in the core staff of the White House. Wear a mask when flying.
On May 12th, when the United States tried to unblock, the spread of the epidemic did not slow down significantly. The number of confirmed cases in the United States has exceeded 1.38 million, and infections have occurred in the core staff of the White House. A few days ago, the White House has begun to require all staff Wear a mask when entering the west wing.
On Tuesday (May 12), gold futures opened at 1700.0 US dollars per ounce, the highest rose to 1704.6 US dollars per ounce, and the lowest touched 1693.5 US dollars per ounce. As of press time, it temporarily reported 1703.6 US dollars per ounce, a decrease of 0.33%.
Judging from the 1-hour chart, long and short kinetic energy can be weak, and both sides are waiting for a bigger stimulus to break the game.
The epidemic enters the core circle. The White House requires staff to wear masks.
As of 9:14 May 12, Beijing time, the cumulative number of confirmed cases in the United States reached 1,385,834, and 81,795 deaths. Just a few days ago, two staff members next to President Trump and Vice President Pence were tested positive for coronavirus. The White House has strengthened the frequency of nucleic acid detection.
The National Broadcasting Corporation (NBC) quoted two people familiar with the matter on May 11th as saying that the White House requires all staff to wear masks or face masks when entering the West Wing of the White House.
According to media reports, the White House Management Office issued a memo to employees on Monday afternoon. The report also pointed out that the White House said it would provide masks for employees in need.
The media quoted sources as saying that the memo also asked White House staff to avoid visiting the West Wing of the White House unless necessary. The Oval Office of the White House is located in the west wing.
Just a while ago, both Trump and Pence refused to wear masks in public or in the White House. This move has been widely criticized.
Gold futures outlook
What we need to pay attention to this day is the speeches of several Fed officials. In addition, at 20:30 Beijing time, the US will release inflation data for April. Media surveys show that the annual rate of the unadjusted consumer price index (CPI) in the United States in April is expected to rise by 0.4%, and the previous value is up by 1.5%; the annual rate of the unadjusted core CPI in the United States in April is expected to increase by 1.7%, and the previous value increased by 2.1%.
Ryan McKay, commodities strategist at TD Securities, said: "People's expectations of economic data are still quite firm."
At present, due to the uncertainty of the epidemic, the trend of gold futures is not clear. Rhona O'Connell, an analyst at Firestone, said that there are still many uncertainties in the market, some economies have begun to reopen the economy, and other economies are facing new cases of the epidemic.
The Commerzbank analyst pointed out in the report that if speculators want to catch up with a wave of momentum, gold will rise significantly. The market still needs to pay attention to the unprecedented stimulus policies of the central bank and the government, whether it will cause the balance sheet to rise sharply and the debt will soar. However, it should be noted that the dollar continued to rebound on this trading day, and gold futures were under pressure.