Bengaluru — Gold inched up on Thursday on worries about the economic effect of the coronavirus outbreak as the US suspended travel from virus-hit Europe, though gains were capped as traders covered margin calls after a plunge in equities.
Spot gold was up 0.1% at $1,636.37/oz by 4.15am GMT, having risen as much as 0.9% earlier in the session. US gold futures fell 0.4% to $1,636.30...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.