Gold prices edged higher today as investors sought safe havens, with fears about the economic damage from the coronavirus intensifying after governments extended lockdowns to curtail its spread.

Spot gold was up 0.3% at $1,621.60 per ounce by 09:41 GMT, while U.S. gold futures gained 0.3% to $1,629.30.

Elsewhere, palladium fell 1.8% to $2,229.23 per ounce, platinum dropped 2.3% to $724.29, and silver slipped 2.8% to $14.07.