Gold prices inched up on Wednesday after hitting their highest in over three months in the previous session, as global political and economic uncertainties underpinned safe-haven support for the metal.
Spot gold was up 0.1 percent at $1,230.96 an ounce at 0751 GMT. On Tuesday, it touched its highest since July 17 at $1,239.68.
“Gold has benefited from general equity weakness, short covering, and rising risk aversion … There is potential for further upside amid rising risk aversion and geopolitical risk,” said John Sharma, an economist with National Australia Bank (NAB).
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.