Gold edges higher on softer dollar

Gold prices were steady on Wednesday as another round of talks to raise the U.S. government’s debt ceiling ended with no progress, while investors assessed the possibility of further rate hikes by the Federal Reserve. Spot gold held

Gold prices steadied on Wednesday below the $2,000-mark as investors fretted over the outcome from the U.S. debt-limit negotiations, with a firmer dollar keeping prices in check. Spot gold XAU= ticked up 0.2% to $1,992.56 per ounce by 0254 GMT.

KEFI Gold and Copper has signed today a final umbrella agreement for the project financing of its Tulu Kapi Gold project in Ethiopia. The London-listed company signed the agreement with its subsidiaries – PW Mining and Lycopodium on

Gold edged higher on Monday, regaining some ground after a retreat in the previous session and ahead of inflation data this week that could provide clues on the outlook for U.S. interest rates. Spot gold rose 0.2% to

Tulu Kapi Gold Mines (TKGM), the gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia, signed the Final Umbrella Agreement with two of its major industry contractors handling projects in over 20 African

Copper prices edged higher to hit a one-week high on Tuesday following a three-day weekend in London, though trading was thin as the Shanghai Futures Exchange remained shut for a national holiday. While top metals consumer China’s financial

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

Notwithstanding the trials and tribulations that it has had to deal with in Ethiopia in recent years, KEFI believes that it is finally nearing the end of its approvals odyssey. Being first mover and also traversing the country’s

According to GlobalData, Saudi Arabia is the world’s twenty-sixth-largest producer of gold, with output of 544koz in 2022, up by 11% on 2021. Over the five years to 2021, production from Saudi Arabia increased by a CAGR of

KEFI Gold and Copper, the gold and copper exploration and development company with projects in Ethiopia and the Kingdom of Saudi Arabia, presented the maiden MRE at the Al Godeyer Project, which forms part of the Hawiah Complex,

KEFI Gold and Copper (AIM: KEFI) has released a maiden Mineral Resource Estimate (MRE) at the Al Godeyer Project, which forms part of the Hawiah Complex, all part of KEFI’s Saudi Arabian joint-venture Gold and Minerals Company Limited

Copper traded within a narrow range on Monday as investors gauged metals stocks against global economic headwinds, while the nickel contract on the London Metal Exchange (LME) resumed its Asian hours trading after over a year. Three-month copper

KEFI Gold and Copper is expecting to complete the definitive feasibility study (DFS) for the Jibal Qutman Gold Project in Saudi Arabia this year,  London’s Alternative Investment Market-listed company said in a statement. “We expect a minimal delay

Gold prices have more room to run as global banks struggle and the U.S. Federal Reserve renders another interest rate decision, potentially breaking all-time highs — and staying there. “A sooner Fed pivot on rate hikes will likely