Gold set for best week in more than a month
Prices hit highest in seven years as coronavirus fears lift demand for safe-haven assets
21 February 2020 - 08:27
Bengaluru — Gold prices hit their highest in seven years on Friday and were set to post their best week in one-and-a-half months, as demand for the safe-heaven asset was boosted by a surge in new coronavirus cases in South Korea.
South Korea reported 52 new cases of the virus, taking the national total to 156, while Japan reported the first fatalities from aboard a cruise ship that accounts for the biggest cluster of infections outside China...
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