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Gold hits $1700 over oil, virus

GOLD prices jumped past the $1700 per ounce level for the first time since late 2012 on Monday, as a widening coronavirus outbreak and a plunge in crude oil hammered equities and sent investors scurrying for safe havens, Reuters reported.

Gold hits $1700 over oil, virus Gold hits $1700 over oil, virus Gold hits $1700 over oil, virus Gold hits $1700 over oil, virus Gold hits $1700 over oil, virus
• Spot gold rose 1.5% to $1699.20/oz by 0054 GMT, having touched its highest since December 2012 at $1702.45 earlier in the session.
 
• US gold futures jumped 1.6% to $1699.70/oz.
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