Gold prices inched lower on Tuesday, following a meltdown in precious metals last session, as investors continued to sell assets across markets to keep their money in cash amid heightened panic over the coronavirus pandemic. Spot gold slipped 0.2% to $1,511.30 per ounce, having slumped as much as 5.1% on Monday to its lowest since November. U.S. gold futures GCv1 rose 1.7% to $1,511.50. Most Asian shares fell after Wall Street’s historic market rout, with fleeting initial gains evaporating as the coronavirus remained a major risk to economic growth. International Monetary Fund Managing Director Kristalina Georgieva on Monday said 20 additional countries had asked about receiving aid as the outbreak halts economic activity, and she called for strong, coordinated fiscal stimulus to limit the damage. U.S. Treasury Secretary Steven Mnuchin on Monday said he was seeking a “big number” for an additional stimulus package intended to prop up the economy amid the virus, but he did not elaborate. U.S. President Donald Trump urged Americans to halt most social activities for 15 days and not congregate in groups larger than 10 people in a newly aggressive effort to reduce the spread of the virus in the United States.