Gold edged higher on Wednesday after a sharp drop in the previous session, as investors sought safe haven assets following a warning from the United States over the potential domestic spread of the coronavirus.
Spot gold was up 0.3% at $1,639.74 per ounce, as of 0340 GMT, having slumped as much as 1.9% in the previous session. On Monday, prices touched $1,688.66, their highest in more than seven years.
U.S. gold futures eased 0.5% to $1,641.80.
Anglo Pacific Group plc (LON:APF) has a 2.5% life of mine NSR royalty on the El Valle-Boinàs/Carlés gold, copper and silver mine owned by TSX-listed Orvana Minerals Corp.