GOLD RATE DROPS AMIDST CHINA VIRUS FEAR

Highlights

• Fall in gold rates

The Chinese officers have announced that they have taken corrective measures to counter the new coronavirus that has raised fears of a worldwide epidemic. On Wednesday the gold prices fell.

Spot gold reduced at 0.2% to $1,554.54 an ounce, spreading losses that took prices to their lowest in the earlier session at $1,545.96.

U.S. gold futures ....