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Gold rate today: Bullion loses sheen as some factories in China reopen

Gold rate today: Bullion loses sheen as some factories in China reopen

Tuesday, February 11, 2020, 1:24 PM

Gold and silver futures slipped in early trade on domestic bourses as some factories in China opened. The rise in equity markets also put pressure on the precious metals. Meanwhile, mounting death toll from coronavirus in China remains an overhang on the global economy and could support bullion counters in the coming-days. Spot gold was little changed at $1,570.98 per ounce by 0041 GMT.
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