Gold firms near 6-year high as trade tensions trigger safe-haven demand

KEFI Gold and Copper plc, focused on the Arabian-Nubian Shield since 2008, has developed a pipeline of projects in Saudi Arabia and Ethiopia, including the advanced Tulu Kapi Gold Project in Ethiopia, preparing for its launch.

Kefi Gold and Copper, an AIM-listed company, is making significant strides towards launching its Tulu Kapi gold project in Ethiopia, slated for mid-2024. This project, which is situated in a high-grade gold zone with 1.72 million

Aim-listed Kefi Gold and Copper has reported good progress, to schedule, at its high-grade Tulu Kapi gold project in Ethiopia. The remaining finance syndicate board processes are on track for final (conditional) approvals during May, while project launch preparations have started at Tulu Kapi. Kefi

The price of copper (HG) started a strong bullish trend in February after dipping to $3,70 and has gained $1 since then, gaining around 30% in value, sending copper to $4.70.  Last week we saw a

Safe-haven gold was poised for a third consecutive monthly gain as geopolitical risks and central bank demand lifted bullion’s appeal, although prices fell on Tuesday as market focus shifted to the Federal Reserve’s policy meeting. Spot

Flourishing activity in the electric vehicle, power infrastructure, AI and automation sectors will lead to at least 10m tonnes of additional copper consumption over the next decade, commodity trader Trafigura told Reuters. Technological developments such as

Gold prices rose above $2,400 per ounce to an all-time high on Friday, heading for their fourth week of gains, as growing tensions in the Middle East prompted investors to seek refuge in the safe-haven assets.

Gold is beautiful. The high metallic lustre – meaning it reflects light well – gives it that beautiful shiny appearance. Lesser-known qualities include exceptional malleability and ductility, it has a relatively high melting point, around 1064°C,

Aim-listed Kefi Gold and Copper has achieved further positive developments at its high-grade Tulu Kapi gold project in Ethiopia, as it prepares for full launch in the first half of this year. As previously reported, all

Gold prices hit fresh all-time peaks on Monday with stocks on Wall Street closing mixed as optimism that the Federal Reserve was near to cutting interest rates faded due to a strong U.S. economy that rebuts

KEFI Gold and Copper is preparing for a robust launch in the Tulu Kapi Gold Project in Ethiopia, with key financing milestones and regulatory changes enhancing funding structures. The development budget of $320 million, excluding a

Gold and Copper prices were higher on Monday morning as the market now anticipates the US Federal Reserve could start cutting interest rates later this year. The price of gold has gone up by 0.15% and is currently