Gold climbs as dollar softens

Gold prices rose on Monday, helped by a slight pullback in the US dollar and as investors dialled down bets of a 100-basis-point interest rate hike by the Federal Reserve this month.

Spot gold had climbed 0.4% to $1,713.49 per ounce by 4.54am, after falling to its lowest in nearly a year last week. US gold futures gained 0.5% to $1,711.80.

KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
KEFI Gold and Copper

More articles like this

Gold surge signals deepening doubts in the dollar

As gold prices shatter records and global central banks quietly shift their reserves, investors are seeing more than just a rally in precious metals—they’re witnessing a growing global scepticism about the future of the US dollar.

KEFI Gold and Copper

Gold soars to new heights

Gold prices surged past previous records on Monday, driven by a wave of safe-haven demand following fresh tariff threats from U.S. President Donald Trump. As global trade tensions escalate, investors are piling into the precious metal,