Gold steadies as markets weigh severity of

coronavirus outbreak

Gold prices held steady on Monday as rising concerns over the severity of the coronavirus outbreak offset a slight

reprieve for equities after China eased some work and travel restrictions.

Spot gold was little changed at $1,570.50 per ounce by 0746 GMT, while US gold futures were up 0.1 per cent to

$1,575.60.

Asian shares pared losses as workers began trickling back to offices and factories around China as the government

eased some restrictions.

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