Gold Advances as Virus Fears Reignite Haven Demand
Wednesday, 26 February 2020 09:31 WIB | PRECIOUS METALS |GOLD

Gold rebounded after the U.S. Centers for Disease Control and Prevention warned Americans to prepare for a potential coronavirus outbreak at home and the total number of cases in South Korean topped the 1,000 mark.

Spot gold as much as +0.7% to $1,646.33/oz, and was at $1,643.66 at 9:18am in Singapore

Metal -1.5% Tuesday after touching $1,689.31 on Monday, the highest level since 2013

Bloomberg Dollar Spot Index steady after -0.2% Tuesday

Other precious metals: Silver +0.7% to $18.1214/oz. Platinum +0.3% to $930.42/oz. Palladium -0.4% to $2,703.09/oz.

Source: Bloomberg

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