Gold resumes losing streak as volatility roils global markets

Wed, Mar 18, 2020 - 3:34 PM

Gold resumed losses in volatile trading across markets as governments and central banks flagged they'll take more aggressive action to handle the economic fallout of the coronavirus outbreak.

PHOTO: REUTERS

[MELBOURNE] Gold resumed losses in volatile trading across markets as governments and central banks flagged they'll take more aggressive action to handle the economic fallout of the coronavirus outbreak.

Prices fell as much as 1.1 per cent, erasing earlier gains. Bullion had dropped for...

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