Spot gold was down 0.1% at $1,557.37 per ounce by 0617 GMT. U.S. gold futures were unchanged at $1,557.
The so-called novel coronavirus has killed 17 people through respiratory illness since it emerged late last year in Wuhan, a city of 11 million people in central China.
On Instagram, IKEA posted a picture of the mugs with a caption "RECALLING TROLIGTVIS, Please return the item to our store for a full refund".
Spot gold prices touched their highest since Jan. 8 at $1,568.35 and were up 0.3 per cent at $1,566.06 per ounce by 0326 GMT. US gold futures were 0.4 per cent higher at $1,566.30.
India shipped in 2.68 million barrels per day (bpd) oil from the Middle East in 2019, down about 10% from 2018, and around 1.8 million bpd from elsewhere, the data reviewed by Reuters showed.
The success of a hike in FDI will hinge, to a large extent, on sorting out the ownership and management control which is currently under Indian promoters and investors, experts said.
The report shows that during current rabi season, the area under pulses has been reported as 157.33 lakh ha — 7.80 lakh ha more than the last year (149.53 lakh ha).
India's total vegetable oil imports declined to 11.28 lakh tonne in December 2019, compared to 12.11 lakh tonne in the year-ago period, industry body Solvent Extractors Association (SEA) said.
Paswan said a fine of Rs 1 lakh or five-times of the price of the gold article will be imposed on the jeweller who fails to comply with the hallmarking standard.
Jewellers have been given one year time to register with the Bureau of Indian Standards (BIS) and implement the mandatory hallmarking of gold jewellery to ensure purity of the precious metal, Consumer Affairs Minister Ram Vilas Paswan told reporters.
Brent crude was down 2 cents at $64.96 per barrel at 0438 GMT, while West Texas Intermediate (WTI) was up 3 cents at $59.07 a barrel from the previous session.
IEA projected India's oil demand to reach 6 million barrels per day (bpd) by 2024 from 4.4 million bpd in 2017. China's demand growth is likely to be slightly lower than that of India by the mid-2020s.
Analysts attributed the fall in prices of gold to trimming of positions by investors, tracking a weak trend in the global market.
Prices gave up a large part of their gains after the early surges as analysts said market tension could ease as long as oil production facilities remain unaffected by attacks.
Robusta coffee exports rose 4.10 per cent to 1,86,360 tonne in 2019 from 1,79,004 tonne in 2018, the Coffee Board data showed.
The retail pump prices of petrol in Delhi rose to Rs 75.69 per litre - the highest since November 2018, while those of diesel climbed to Rs 68.68, according to a price notification of state-owned fuel retailers.
Opposing the move, the Solvent Extractors' Association of India (SEA) said that after the reduction in import duty, the tax difference between CPO and refined palmolein has reduced from 10 per cent to 7.5 per cent.
Price of Aviation Turbine Fuel (ATF), used to power aeroplanes, was raised by Rs 1,637.25 per kilolitre, or 2.6 per cent, to Rs 64,323.76 per kl in Delhi, according to a price notification of state-owned fuel retailers.
Bullion is set to post its best year since 2010, having gained nearly 19 per cent, mainly driven by a tariff war between the world's two largest economies and quantitative easing by major central banks.
The government had created a buffer stock of 56,000 tonnes for the current year but it was not sufficient to contain the prices which are still ruling above Rs 100 per kg in most cities across the country. As a result, the government was compelled to import through state-run MMTC.