Bengaluru — Gold prices fell 1% on Tuesday, retreating from the last session’s jump above the $1,700 level, as hopes for global stimulus measures to cushion the economic impact of the coronavirus outbreak lifted riskier assets and the dollar.
Spot gold declined 0.7% to $1,668.24 an ounce by 3.04am GMT, having touched its highest since December 2012 at $1,702.56 on Monday on mounting concerns over the global spread of the virus. US gold futures lost 0.4% to $1,668.50...
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