A medical worker takes a rest outside a hospital in Daegu, South Korea, February 23, 2020. — Yonhap picture via Reuters
It was the third death in Lombardy, where villages have been sealed off and security measures enforced to stem the spread of the disease. Conversely, on the London Bullion Market gold surged to US$1,689.31 per ounce — a level last seen in January 2013 — as investors snapped up the precious metal as a safety measure amid the market turbulence.“Fears over an escalation of the coronavirus outside of China have caused a major retreat in global markets and prompted wild swings in commodity prices,” said AJ Bell investment director Russ Mould.
Traders had been broadly optimistic that the virus — which has killed nearly 2,600 and infected 80,000 — was being contained outside China but a spurt of infections and deaths in other countries including South Korea, Italy and Iran has fanned fears of a global outbreak.“It would appear the coronavirus has finally caught up with the markets,” OANDA analyst Craig Erlam told AFP.
Belgique Dernières Nouvelles, Belgique Actualités
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