Gold is stable as economic worries over virus outbreak offset trade optimism
Gold prices were virtually unchanged on Wednesday, as concerns about the global economic outlook over rising COVID-19 cases offset a rise in risk sentiment induced by signs of progress in interstate trade negotiations United and China.
FUNDAMENTALS
Spot gold was flat at $ 1,927.26 an ounce at 0037 GMT.
US gold futures rose 0.5% to $ 1,933.60.
Top U.S. and Chinese trade officials reaffirmed…