Gold slips on positive US macro data; virus scare lends

support to silver :=

Bullion counters were mixed in the domestic market on Tuesday amid rapidly spreading coronavirus scare that has already infected at least three people in India. Positive manufacturing data from US put pressure on precious metals.

The death toll from the coronavirus outbreak in China rose to 425 as of the end of Monday, up by 64 from the previous day, the country’s National Health Commission said.

Gold futures were down 0.18 per cent to 40,672 per 10 grams,while silver futures jumped 0.25 per cent to Rs 46,007 per kg.

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