MCX GOLD: Gold increased to a two week high on Tuesday, encouraged by demand for safe-havens after iPhone maker Apple Inc's revenue cautioning emphasized the financial consequence of the coronavirus rampant in China. It said industrial facilities in China which produce iPhone and other electronics have started to reopen, but they are ramping up more sluggishly than projected. The death total from the virus in China increased by 98, even as its extent reduced with the number of new cases dropping below 2,000 as of Monday. However, global experts cautioned it was too quick to say the outburst is being confined. China continued its strength to ease the struggle to the businesses, with its central bank cutting the interest rate on its medium-term imparting on Monday.