Gold set for best quarter in 4 years on virus fears – ZAWYA

Gold set for best quarter in 4 years on virus fears – ZAWYA

Gold set for best quarter in 4 years on virus fears | ZAWYA MENA Edition HomeMarketsCommoditiesArticleGold set for best quarter in 4 years on virus fears Spot gold was mostly unchanged at $1,770.77 per ounce by 0052 GMT    Image used for illustrative purpose. An employee holds a 1kg gold bar at AGR (African Gold Refinery) in Entebbe, Uganda, October 4, 2018. Gold prices held steady on Tuesday and were heading for their biggest quarterly rise in more than four years as fears over rising coronavirus cases around the world boosted demand for the safe-haven metal.FUNDAMENTALS* Spot gold was mostly unchanged at $1,770.77 per ounce by 0052 GMT, just $8.29 shy of a near eight-year high of $1,779.06, hit last week.Gold prices held steady on Tuesday and were heading for their biggest quarterly rise in more than four years as fears over rising coronavirus cases around the world boosted demand for the safe-haven metal.* Spot gold was mostly unchanged at $1,770.77 per ounce by 0052 GMT, just $8.29 shy of a near eight-year high of $1,779.06, hit last week.* Bullion, with more than 12% gains this quarter, is on track for its best quarter since end-March 2016. Gold was also