Gold dips 1% as dollar rises, but heads for quarterly gain
By Ritu, Capital Sands Gold prices dropped 1% on Tuesday as the dollar strengthened and strong Chinese economic data boosted risk appetite, but bullion was on track for a sixth consecutive quarterly rise amid fears over a global shutdown due to the coronavirus. Spot gold was down 1% at $1,605.64 per ounce by 0930 GMT. […]
Pandemic to hit growth in Asia, China: World Bank
By Administrator_India Capital Sands The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China, the World Bank said in an economic update on Monday. The bank said precise growth forecasts were difficult, given the rapidly changing situation, but its baseline now called for […]