Gold was flat at $1,561.53/oz while platinum had fallen 0.12% to $1,002.58.
The World Health Organisation has opted not to declare the outbreak as an international emergency, but risk assets have been hit this week amid fears of a more severe crisis and resulting economic damage.
Even if the virus did not spread, the effect on China could be large, with about 26-million people in cities or near urban areas either on lockdown, or subject to limited travel, said National Australia Bank analyst Tapas Strickland in a note. Shanghai’s Composite was closed on Friday ahead of the Lunar New Year holiday, having slumped 2.75% on Thursday. Brent crude was up 0.16% at $62.20 a barrel.The rand was unchanged at R13.74/$, but has firmed 0.65% so far in the week, and is on track to snap a three-week losing streak.
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