Gold prices climbed to a more than two-week high on Monday as rising concerns over the spread of a virus outbreak in China and its potential economic impact prompted investors to buy the safe-haven metal.

FUNDAMENTALS

Spot gold rose to its highest since Jan. 8 at $1,586.42 and was up 0.6 per cent at $1,579.94 per ounce by 0131 GMT. US gold futures advanced 0.5 per cent to $1,579.50.

The new coronavirus in China has killed 80 and infected more than 2,0 ......................................ET