Gold Ends Lower After a 4-Session Climb as Rate of Coronavirus Spread Ebbs
Wednesday, 12 February 2020 03:02 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures ended lower on Tuesday for the first time in five sessions as global equity markets punched higher, with the moves being attributed to an apparent slowdown in the spread of the coronavirus.

More than 43,000 cases of the Wuhan virus have been confirmed, with at least 1,018 deaths, according to the World Health Organization. However, the number of new, confirmed cases in China fell, according to China™s National Health Commission.

Meanwhile, April gold fell $9.40, or 0.6%, to settle at $1,570.10 an ounce, putting an end to a four-session win streak that sent prices on Monday to the highest settlement in a week.

March silver meanwhile, lost 18.8 cents, or 1.1%, to $17.597 an ounce, after climbing 0.5% in the prior session.

Source : Marketwatch

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