Gold inched higher on Thursday as investors evaluated the economic impact of the coronavirus outbreak as
death toll jumped past 500, but the gains in bullion were capped by China’s decision to halve tariffs on US
Spot gold was up 0.2 per cent to $1,559.50 per ounce by 0835 GMT. Prices fell to $1,546.90 on Wednesday,
lowest since Jan. 21. US gold futures were flat at $1,563.30.