Gold Drops From 7-Year High as Equity Sell-Off Eases
Tuesday, 25 February 2020 10:18 WIB | PRECIOUS METALS |GOLD
Gold retreated from the highest level since 2013 as a sell-off in global stocks eased in Asia Tuesday, while authorities around the world moved to keep the coronavirus from spreading.
Spot gold as much as -1% to $1,642.93/oz, before paring declines to $1,655.72 at 10:24am in Singapore. Metal as much as +2.8% to $1,689.31 on Monday, highest level since 2013. Bloomberg Dollar Spot Index -0.1%
Other precious metals: Silver -0.2% to $18.6048/oz, Platinum +0.2% to $968.57/oz, Palladium +1% to $2,668.48/oz.
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