Gold slips as traders put toes back into equities
Metal loses ground as investors reassess the economic effect of the coronavirus
14 February 2020 - 08:46
Gold eased from an over one-week peak on Friday as risk sentiment improved on hopes of global measures to soften the impact of the coronavirus outbreak, but a surge in new cases capped bullion’s losses and kept it on track for a weekly gain.
Spot gold was down 0.1% at $1,574.69/oz as of 4.27am GMT, having touched its highest since February 4 at $1,577.89/oz earlier in the session...
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