Gold prices firmed on Wednesday, drawing support from weaker equities and a subdued dollar, though gains were limited as markets cautiously awaited fresh insight into the U.S. Federal Reserve’s views on inflation and economic growth.
Spot gold was up 0.3% at $1,804.69 per ounce, as of 0707 GMT. U.S. gold futures rose 0.2% to $1,803.40 per ounce.
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.