Gold grows as safety option on flood of money in the US
Supply limited in Switzerland while more central banks prepare monetary easing moves
Bengaluru — Gold rose on Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks adding support.
Spot gold rose 0.8% to $1,582.78/oz by 0326 GMT, having slumped 3.1% in the previous session on a strong dollar. US gold futures were unchanged at $1,596.50...