Bullion stays bearish as bulls hamster cash

30.03.2020

Gold fell on Monday as investors unloaded bullion in exchange for cash after several more countries announced lockdowns to curtail the spread of the coronavirus, overshadowing policymakers’ frantic efforts to cushion the economic impact.

Spot gold was down 0.4% at $1,491.98 an ounce by 1021 GMT, having risen nearly 2% in...