Gold firms as U.S. stimulus progress weighs on dollar

Gold prices edged higher on Monday and hovered near a seven-month high, supported by a weaker dollar and hopes that the Federal Reserve might slow its pace of interest rate hike. Spot gold XAU= was up 0.2% at

Ahead of the release of the Federal Reserve’s December policy meeting minutes on Wednesday, gold prices hit a six-month high, albeit in thin trading. Spot gold was trading higher by 0.98% at $1,841.55 per ounce at the time of

Asian stocks were trying to get into a festive mood on Wednesday and managed small gains, with even Japan’s Nikkei lifting off a two-month low it hit following the Bank of Japan’s surprise decision to loosen

Gold prices eased on Friday ahead of a key U.S. jobs report, but were set for their best week in three as the dollar weakened on prospects of slower U.S. Federal Reserve rate hikes and signs

Gold ticked higher on Monday as a retreat in the dollar made bullion more attractive for other currency holders, drawing further support from some safe-haven demand from China amid wide protests over its strict COVID-19 curbs.

Gold prices rose as soon as the U.S. Federal Reserve announced that it may slow the pace of interest rate hikes in the future. Globally, gold prices bounced above the key $1,750 an ounce level on

Gold prices hovered near three-month highs on Tuesday as mixed signals from Federal Reserve officials on the path of U.S. interest rates kept the dollar pinned to recent lows, while copper prices sank as rising COVID-19

At Capital, we are committed to providing career development and training opportunities for our National employees. Our Tanzanian-based JV partner, International Apprenticeship and Competency Academy Limited (IACA) has recently delivered a number of programs to our

At Capital, we have an uncompromising commitment to the occupational health and safety of our employees and others where we work. Through our Tanzanian-based JV partner, International Apprenticeship and Competency Academy Limited (IACA) we now have

At Capital, we have a long history of providing professional development and training for our national employees. To facilitate an improvement in the standards of training available to our team across Africa, we have developed a

Gold prices rose on Monday after declining more than 1% in the previous session, as a pause in the dollar rally alleviated some pressure from the greenback-priced bullion, though looming U.S. rate hikes restricted further gains.

Capital have welcomed new Chief Executive Officer, Peter Stokes, who commenced on 3 October 2022. Peter’s appointment will support the next phase of Capital’s growth strategy, as they continue to rapidly expand their four key pillars.

Gold prices edged higher on Monday on a softer dollar, although prospects of central banks worldwide retaining their aggressive monetary policy stance limited the gains for safe-haven bullion. Spot gold XAU= rose 0.3% to $1,663.99 per ounce, as

Gold prices rose on Tuesday as the dollar slipped, but the metal languished near a 2-1/2-year low on prospects of further rate hikes by the U.S. Federal Reserve to tame soaring inflation. Spot gold was up 0.4%