Gold slips from seven-year high
Bullions losses capped by spike in coronavirus cases beyond China
25 February 2020 - 08:08
Bengaluru — Gold prices eased on Tuesday as investors booked profits from a jump to a seven-year high in the previous session and as equities regained some footing, but a spike in coronavirus cases outside China capped bullion’s losses.
Spot gold was down 0.2% to $1,657.40 an ounce by 3.33am GMT, after declining 1% earlier in the session. On Monday, the metal rose as much as 2.8% to its highest since January 2013 at $1,688.66...
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