Gold prices rose on Monday after the U.S. dollar retreated from multi-month highs, while investor concerns that the Delta coronavirus variant could dampen the pace of global economic recovery also lifted bullion’s safe-haven appeal.
Spot gold rose 0.2% to $1,785.00 per ounce by 0657 GMT, while U.S. gold futures were up 0.2% at $1,786.50.
Caledonia Mining Corporation plc (LON:CMCL) is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe.