Gold edges higher on dollar dip

Gold prices ticked higher on Tuesday after the dollar retreated as cautious investors awaited further U.S. economic data due this week to gauge the Federal Reserve’s next policy move.

Spot gold XAU= rose 0.3% to $1,994.90 per ounce by 0311 GMT, and U.S. gold futures GCv1 also gained 0.3% to $2,005.00.

The dollar index .DXY dipped, making greenback-priced gold more attractive for buyers holding other currencies.

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 Kapi project, Jibal Qutman EL and Hawiah.

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