Gold edged up on Thursday as fears of early tapering by the Federal Reserve eased after data indicated a slight moderation in U.S. consumer price increases, with a resultant dip in the dollar and bond yields lending further support to bullion.
Spot gold was little changed at $1,751.27 per ounce by 1026 GMT, having recorded it biggest one-day percentage gain since May 6 on Wednesday. U.S. gold futures were up 0.1% to $1,754.00.
Caledonia Mining Corporation plc (LON:CMCL) is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe.