Gold climbed for a fourth straight day as investors weighed the unfolding coronavirus crisis, including a blunt warning from the head of the World Health Organization about the potential for more cases beyond China.
Prices rose as the global death toll from the outbreak topped 900 and the WHO director-general Tedros Adhanom Ghebreyesus voiced concern over the spread from people with no travel history to China, saying “we may only be seeing the tip of the iceberg.” Beijing will spend at least $10-billion to fight the outbreak.