Gold prices ease as Chinese stimulus package reassures global markets
Investors move to riskier assets as China’s central bank intervenes to limit the economic threat of the coronavirus
17 February 2020 - 15:05
Bengaluru — Gold prices on Monday eased from a near two-week high, as a monetary policy intervention by China’s central bank to limit the economic impact from the coronavirus outbreak reassured investors and boosted demand for higher-risk assets.
Spot gold fell 0.3% to $1,580.27 an ounce, as of 10.51am GMT. US gold futures shed 0.2% at $1,583.30...
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