Gold Prices Slip Despite Meltdown in Global Stocks

Friday, 28 February 2020 13:22 WIB

Gold prices slipped for the second day in a row on Friday in Asia despite a continued meltdown in global stocks. Gold Futures for April delivery slipped 0.1% to $1,640.70 by 12:40 AM ET (04:40 GMT). Gold prices gave up some of its earlier gains this week as traders booked profit as the yellow metal traded a seven-year high. Despite the pause, many expect the yellow metal to regain the steam that took it to seven-year highs of nearly $1,700 an ounce shortly. Asian markets traded sharply lower today, with Japanese and Chinese stocks plunging more than 4%. The World Health Organization said...

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Gold Prices Slip Despite Meltdown in Global Stocks
Friday, 28 February 2020 13:22 WIB Gold prices slipped for the second day in a row on Friday in Asia despite a continued meltdown in global stocks. Gold Futures for April delivery...
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