COMMODITY
Gold futures end higher on safe haven demand
Mar-25-2020

Gold futures ended higher on Tuesday in line with increased demand for safe-haven assets amid the fallout from the corona virus outbreak. Further, concerns about shortage of precious metals stemming from shutdowns at major refineries, too added support to gold prices.

Gold futures for April settled up 5.95 percent at $1,660.80 an ounce on the Comex division of the New York Mercantile. Spot gold was up 5 percent at $1,629.85 per ounce.

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