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 steady at $1,975.99 per ounce by 0020 GMT. U.S. gold futures edged 0.1% higher to $1,977.10.
The dollar index held firm, keeping a lid a gold prices.
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.