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Gold prices finish higher as renewed coronavirus fears buoy haven assets


Friday, 14 February 2020 02:16 WIB

GOLD


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Gold futures finished higher on Thursday as refreshed worries about a viral outbreak shifted investor concerns back to the economic implications of the disease, buttressing bullion prices.

Gold for April delivery on Comex rose $7.20, or 0.5%, to settle at $1,578.80 an ounce. Prices posted a gain on Wednesday, their fifth rise in six sessions. March silver, meanwhile, added 12.2 cents, or 0.7%, at $17.619 an ounce.

Other metals on Comex settled higher, with April platinum up 0.8% at $974.70 an ounce and March palladium up 1.2% at $2,351 an ounce.

March copper rose 0.5% to $2.613 a pound.

Source: marketwatch


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