Gold and Copper prices rise as market anticipates interest rate cuts

KEFI Gold and Copper (KEFI) has initiated discussions with its Saudi joint venture partner, ARTAR, to exit their Saudi Arabian joint venture, Gold and Minerals (G&M). This move would relieve KEFI of the obligation to contribute

Gold prices climbed on Monday after enduring losses for six consecutive sessions. The rebound was attributed to a pause in the U.S. dollar’s recent rally, with spot gold increasing by 1.2% to $2,591.43 per ounce as

KEFI Gold and Copper PLC, a UK-listed exploration firm, is presenting Ethiopian investors with an investment opportunity worth $30 million in its Tulu Kapi Gold Mines SC project. By extending this offer, the company aims to

Gold prices showed minimal movement on Monday as investors held back in anticipation of the approaching U.S. presidential election and the Federal Reserve’s decision on interest rates. Spot gold held steady at $2,734.79 per ounce by

Gold prices saw a steady climb on Tuesday, remaining close to historical highs. Market conditions reflect rising investor caution surrounding the upcoming US election and widespread expectations of a Federal Reserve interest rate cut in November.

Gold and silver have recently experienced significant gains as global fears continue to rise. Increasing uncertainty around conflicts in the Middle East, the upcoming US presidential election, and central banks easing monetary policies have led to

Gold prices (XAU/USD) rose for the third day in a row on Monday, reaching the $2,667 level, marking the highest point in over a week during the early European trading session. The primary factor behind this

London copper prices are inching closer to the significant milestone of $10,000 per metric ton, primarily due to China’s recent economic stimulus initiatives. The three-month copper contract on the London Metal Exchange (LME) experienced a 0.4%

Gold prices remained stable, with spot gold holding at $2,655.03 per ounce. Meanwhile, US gold futures rose slightly by 0.2% to $2,675.40. Investors are currently highly focused on important economic indicators such as ISM services data,

Gold prices have surged above $2,690, continuing their push towards record highs this year. This represents a 5.48% increase over the past month and an impressive 40% growth over the past year. Just last month, the

Gold prices surged past the $2,600 mark for the first time on Friday, continuing a rally fuelled by expectations of further US interest rate cuts and increasing geopolitical tensions in the Middle East. Spot gold climbed

Gold prices surged on Monday, reaching record highs due to a weakening dollar and expectations that the U.S. Federal Reserve may implement a larger-than-anticipated interest rate cut this week. Spot gold saw a rise of 0.5%,

Gold prices increased by ₹118 to ₹71,746 per 10 grams in futures trading on Tuesday, driven by speculators building fresh positions amid strong demand in the spot market. Analysts attribute this rise to new positions taken

Gold has seen a significant rise of 23% since the start of 2024, with its price currently hovering at an all-time high of around €2,260. This surge can be attributed to several factors, including ongoing geopolitical

London-listed company KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield. The Company operates in Ethiopia and Saudi Arabia with projects including Tulu