Gold futures prices – Precious metals prices are also benefiting from a slide in rates of government bonds, which have drawn bids due to the reignited fears of the viral illness emanating from China and its potential to hurt global economic growth.
Gold ETFs see inflow of ₹200 cr in Jan; highest since December 2012
The safe-haven asset saw an infusion of ₹7.68 crore in November. However, it had seen a pull out ₹31.45 crore in October. Such funds saw an infusion of ₹44 crore in September and ₹145 crore in August.
Gold eases as equities edge up, virus concerns cap losses
Spot gold was down 0.1 per cent at $1,574.69 per ounce as of 0427 GMT, having touched its highest since Feb. 4 at $1,577.89 earlier in the session.
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