Gold slips from seven-year high as China tries to limit effect of virus
20 February 2020 - 07:33
Bengaluru — Gold prices fell slightly on Thursday, after hitting their highest level since March 2013 in the previous session, as Chinese stimulus measures to cushion the economic effect of the coronavirus outbreak stoked investors to opt for riskier assets.
Spot gold was down 0.1% at $1,609.59/oz, as of 2.53am GMT. Bullion rose to an intraday high of $1,612.62 in the previous session, the highest since March 25 2013. US gold futures were flat at $1,612.20...
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