Gold pared earlier losses and rose above the $1,800 level once again after the latest US inflation data came in slightly lower than expected, which may ease fears that the Federal Reserve will be forced to taper its bond buying soon.
Spot gold gained 0.6% by 11:40 a.m. EDT, trading at a near one-week high of $1,806.10 per ounce. US gold futures were up 0.7% at $1,807.90 per ounce.
Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.