Today, gold rose to a near one-week high as mounting concerns about the impact from China’s coronavirus lifted the appeal of safe-haven assets, after the number of casualties exceeded 900.

Spot gold rose 0.2% to $1,572.86 per ounce by 10:53 GMT, having hit its highest since February 4 at $1,576.21 earlier in the session. Adding to that, U.S gold futures were up 0.2% at $1,576.50 .