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With the news of vaccines coming out one after another and the success of the external stock market, gold, which is regarded as a traditional investment tool, continues to be under pressure. The price of gold keeps dropping all day, reaching as low as $1,800 per ounce and finally closing at $1,808 per ounce.

Down $30. Although gold is temporarily suppressed by vaccine news, under the environment of quantitative easing by central banks around the world and sustained low interest rates, investors will eventually return to the gold market after the vaccine news is digested.

Using gold to fight inflation and currency depreciation is still worth investing in the long term. Yesterday, it stood firm at $1,800 per ounce. If it can stay stable above $1,810 per ounce, it is expected to change the trend.

The virtual currency "Bitcoin" has an immune effect on vaccine news; Yesterday, bitcoin ran counter to the performance of gold, which can even be described as heaven and hell. Bitcoin followed the gold market in the early days of yesterday.

At one time, it was close to $18,000 per piece, but it started rising at noon, with the highest value of $19,440 per piece, and closed close to $19,150 per piece, up about $800. I believe Bitcoin will remain strong in the short term, with a great chance to challenge 20,000 US dollars.

Another investment product benefiting from vaccines is crude oil. The research and development of new pneumonia vaccine has made progress, and the market is looking forward to the recovery of crude oil demand. The oil price has reached a new high since the outbreak of the epidemic in the United States, and the new york oil futures closed at $44.8.

Looking back at the negative oil price before, I thought it was a dream. Stimulated by the positive news of the research and development of the new pneumonia vaccine, and the third quarter GDP of Germany announced yesterday, the data is pleasant, recording a positive growth of 8.5%.

The growth rate was 8.2% better than the market expectation, breaking the biggest quarterly growth rate on record, and ending the contraction for two consecutive quarters. In addition, the second wave of COVID-19 outbreak in France has eased, and the market expects that the blockade measures may be relaxed.

It is also conducive to promoting the market upward; Major European stock markets rose across the board yesterday, and the German DAX index rose 1.3%; French CAC index also rose by 1.2%; Britain's FTSE 100 Index rose by 1.6%.

The novel coronavirus epidemic in the United States continued to deteriorate, and there were more than 130,000 cases of infection yesterday. The public was not afraid of the warning from the US Centers for Disease Control and Prevention, and a large number of people went out before the Thanksgiving holiday.

Americans' mentality of dying may only be understood by some people in Hong Kong dancing groups. The new york stock market has also done a good job with vaccine news, and the Dow Jones index rose by about 1.5%; The Standard & Poor's 500 Index rose 1.6%; Nasdaq index rose 1.3%.

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