U.S. gold futures climbed 0.4% to $1,578.30. Asian stocks slipped as the coronavirus killed 80 people and infected more than 2,000 in China, with residents of Hubei province, where the disease originated, banned from entering Hong Kong amid global efforts to halt the rapid spread. Investors are “looking out for the new risk (coronavirus) coming into the markets and running for the exits in equity markets, that’s the cause for gold to move higher,” Stephen Innes, chief market strategist at AxiCorp, said. …read more
Source:: Yahoo Finance
