Gold prices ticked higher on Monday, as grim U.S. jobs data bolstered hopes for more fiscal stimulus, although optimism around coronavirus vaccine rollouts kept gains in check.
Spot gold prices rose 0.2% to $1,841.93 per ounce by 0554 GMT, while U.S. gold futures were up 0.2% at $1,844.20.
“Softer jobs growth and tighter social mobility restrictions ostensibly lower the hurdle for a policy response from (U.S.) Congress,” said Stephen Innes, chief global market strategist at financial services firm Axi.
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.