Gold Stays Steady as Coronavirus Fears Linger - News Summed Up

Gold Stays Steady as Coronavirus Fears Linger


Gold prices hovered near their highest level since April 2013 Tuesday, preserving a monthslong rally that has seen investors flock to the safe-haven metal with uncertainty about geopolitics and now the coronavirus swinging markets. Front-month gold futures for January delivery inched down 0.5% to $1,569.20 a troy ounce on the Comex division of the New York Mercantile Exchange Tuesday, a day after they closed at a nearly seven-year peak. Prices are up more than 20% since the end of May, with lower bond yields around the world...


Source: Wall Street Journal January 28, 2020 15:37 UTC



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