Gold rises as investors seek safe havens on virus fears
Spot gold climbs 0.1% as death toll from the coronavirus outbreak in China increases
07 February 2020 - 07:45
Bengaluru — Gold prices edged higher on Friday as fears over a rapidly spreading coronavirus outbreak and its economic affect fuelled safe-haven buying.
However, China’s move to cut tariffs on some US imports that sent global stock markets higher in the previous session weighed on bullion prices...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.