Gold fell to its lowest level in a week, on Friday, as demand for shares grew
With hopes for global action, to mitigate the damage of corona virus outbreaks, but to report cases
New Curbing precious metal losses and keeping it on track for a weekly gain.
And the gold went down in
Spot transactions 0.1% to $ 1575.35 an ounce by 0651 GMT
Greenwich, after touching the highest level since the fourth of February at $ 1577.89 earlier
From the session.
The contracts settled
American gold futures at $ 1578.50.
Margaret said
Yang Yan, analyst at TMC Markets: The stock market has ignored sentiment
Negativity, and started to move up as investors reassessed the potential economic impact
For the virus, “she said, adding that the dollar’s rise is also putting pressure on the yellow metal.
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The arrows are heading
Asian to achieve its second weekly gain in a row, while the dollar index rose to
The highest level in more than four months.
But analysts said
The demand for gold is still unaffected at a time when the number of deaths has increased in a region
Hubei, China, with nearly 5,000 new cases recorded.
And the metal won
Al-Nafees is about 0.3% since the beginning of this week.
For metals
The other precious, palladium rose 0.4% to $ 2433.36 an ounce, and is heading for a better record
Weekly performance in a month.
I won silver
0.3% to $ 17.68, while platinum rose 0.2% to $ 969.28.
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