Gold climbed on increased demand for the haven asset, after the shelling of Europe’s largest nuclear power plant raised concerns over the safety of the facility in Ukraine.
Bullion is heading for a weekly gain as investors weigh the economic fallout from Russia’s invasion of its neighbor. The resulting surge in oil prices has stoked concerns about global growth and inflation risks.
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.