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Gold Steady Amid Virus Concerns; Palladium Decline


Wednesday, 22 January 2020 08:53 WIB

EMAS


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Gold was steady in Asia as markets assessed the likely impact of the spread of China’s coronavirus. Palladium extended its decline.

Spot gold -0.1% to $1,556.81/oz at 7:41am in Singapore; -0.2% Tuesday. Bloomberg Dollar Spot Index steady after +0.1% Tuesday.

Other precious metals: Silver little changed at $17.7762/oz, Platinum -0.1% to $999.92/oz, Palladium -0.3% to $2,394.35/oz; prices fell 5.6% Tuesday, biggest loss since Aug. 1.

Source: Bloomberg


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