Singapore-Sana
Gold prices rose to their highest level in more than two weeks today, with stocks declining due to growing concerns about the potential economic impacts of the spread of the new Corona virus.
Reuters reported that gold rose in immediate transactions by 0.6 percent to $ 1579.42 an ounce. Earlier in the session, its price reached its highest level since January 8, recording $ 1586.42.
And US gold futures rose 0.5 percent to $ 1579.50.
As for other precious metals, silver rose 0.4 percent to $ 18.16 and earlier touched its highest level since January 8 and recorded $ 18.32.
Palladium fell 1.7 percent to $ 2387.19 per ounce, and platinum fell 0.5 percent to $ 996.15.
Asian shares also fell after the number of deaths from infection with the new Corona virus rose to 81, while the number of infection cases exceeded 2,700 in China.