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Gold Little Changed as Firm Dollar Offsets Virus Worries


Tuesday, 4 February 2020 13:03 WIB

GOLDEMAS


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Gold prices were little changed on Tuesday as a firm dollar countered concerns about a rapidly spreading coronavirus outbreak in China and its economic fallout.

Spot gold was unchanged at $1,575.37 per ounce by 05:34 GMT, after hitting its highest since Jan. 8 at $1,591.46 in the previous session. U.S. gold futures fell 0.2% to 1,579.70.

Hong Kong has reported its first death from the coronavirus, the second fatality outside mainland China from an outbreak that has killed 425 people, while Beijing allowed U.S. health experts into the country to help fight the fast-spreading flu-like virus.

Source :  Reuters


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