Gold prices back off as coronavirus seems to back off too
Palladium fell 0.9%, silver eased 0.2% and platinum edged 0.5% higher
11 February 2020 - 15:00
Bengaluru — Gold edged back from the previous day’s near one-week high on Tuesday as European stocks surged to record highs and the dollar hit a four-month peak, with a drop in the number of new confirmed cases of coronavirus providing a glimmer of relief.
Spot gold was down 0.3% at $1,567.54 an ounce by 10.58am GMT, having touched its highest since Feb. 4 at $1,576.76 on Monday. US gold futures shed 0.5% to $1,571.10...
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