Gold Market: Gold and Price Fall Just Minutes After Declaring 90% Success in Corona Vaccine Trial


  • Pfizer is making a coronavirus vaccine
  • The Dowzons jumped nearly 5% to 29,157.97,

Pfizer shares up 7%



Over the past few months, stocks that have been facing lockdown, travel restrictions and social distancing have seen a huge jump. Similarly, during the pandemic, the stocks which are considered safe havens have seen a huge decline, Pfizer shares have seen a 7 percent rise.



American Airlines Group Inc. and Carnival Corporation shares jumped more than 22%

Shares of American Airlines Group Inc. and Carnival Corporation have gained more than 22 percent. At the same time, shares of Stay at Home company Zoom Video Communications Inc. and Peloton Interactive Inc. have fallen by at least 18 percent.

In fact, Pfizer has stated that the drug it is making is 90 percent effective and no object is found in it. It is believed that after the introduction of Corona medicine, conditions will improve and gold prices will go down.

In New York, the price of gold was trading up 0.43% at $ 1,960 an ounce. At the same time, silver was trading 0.75% at $ 25.86 an ounce in New York.

Pfizer CEO Alice Borla said in a tweet, "Today is very good news for both science and humans. Because we have been tested for COVID-19 running in Phase 3 here. Pfizer said That so far no serious safety issue has been revealed during the clinical trial.

 

The trial is testing about 43,999 people in the US and other countries. However, it is not clear yet how long the vaccine will develop immunity against corona in people.


Welcome to Corona Vaccine in the market: US market broke the record on the news of Kovid-19 Vaccine, the Dowzons jumped more than 1,201 points.




 

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