Gold prices rose on Thursday, helped by a softer dollar and lower Treasury yields, as traders looked to U.S. economic data for more clues on the Federal Reserve’s monetary policy outlook.
Spot gold was up 0.3% at $2,035.19 per ounce, as of 0709 GMT. U.S. gold futures was steady at $2,047.10.
Benchmark U.S. 10-year bond yields held near a five-month month low touched on Wednesday, after British inflation plunged in November to its lowest rate in more than two years.
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.