Gold rises as ECB measures to limit coronavirus impact lift investors' mood


Gold prices rose on Thursday after a steep fall in the previous session, as the European Central Bank's measures to mitigate the economic effects of the coronavirus epidemic lifted investor sentiment. FUNDAMENTALS * Spot gold rose 0.4% to $1,491.40 per ounce by 0040 GMT, having risen 1% earlier in the session. * The metal fell about 3% on Wednesday along with other precious metals, as investors sold across assets to hoard cash.

* U.S. gold futures rose 1.2% to $1,495.80 per ounce. * Asian stock markets fought to stabilise,.....

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