Tuesday, 26 May 2020
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Gold Holds Biggest Drop in 2 Weeks on China Economy
Wednesday, 1 April 2020 09:28 WIB | PRECIOUS METALS |EMAS

Gold held the biggest decline in more than two weeks amid signs China™s economy may be improving, although the coronavirus pandemic remains a threat to global growth.

Spot gold +0.2% to $1,580.84/oz at 9:16am in Singapore. Price -2.8% Tuesday, the biggest drop since March 13, paring the quarterly gain to 4%. Bloomberg Dollar Spot Index steady

Other precious metals: Silver +0.3% to $14.0110/oz after -22% in the first quarter, Platinum steady at $723.25/oz; -25% in 1Q. Palladium -0.4% to $2,354.37/oz; +21% in 1Q, biggest quarterly gain since 2010.

Source: Bloomberg

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