Gold price regains ground

Gold prices ticked up on Friday and were on course for a third consecutive weekly rise as the global banking crisis sent investors flocking to the safe-haven metal. Spot gold XAU= was up 0.1% at $1,920.19 per ounce, as of

Gold raced towards the key $1,900 level on Monday as investors sought cover from the uncertainty triggered by the collapse of Silicon Valley Bank, emboldened by bets that the Federal Reserve may now have to tone down its

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,

Central bank gold demand picked up from where it left off in 2022 with the addition of 31 tonnes to the global gold reserves in January, the World Gold Council said on Thursday. This total, which represents a 16% monthly increase, falls

Gold prices edged up on Monday as the dollar eased, but hovered near their lowest levels since late December after U.S. economic data last week raised worries that the Federal Reserve could hike interest rates further. Spot gold XAU= was

Copper prices rose on Monday as investors and traders bet on a recovery in demand from top consumer China amid support from global mining supply disruptions. Three-month copper on the London Metal Exchange advanced 0.5% to $9,033 a

Copper prices rose on Wednesday, supported by supply disruptions and expectation of a demand recovery in top consumer China, even as the dollar held firm after sticky US inflation suggested interest rates would remain higher for longer. Three-month

Aim-listed KEFI Gold and Copper is pursuing a dual listing of its shares in Saudi Arabia. The Saudi Exchange is currently the eleventh-largest stock exchange globally, with 223 listed companies and a market capitalisation of $2.63-trillion. Kefi says the Saudi Arabian government’s

Demand for gold has reached its highest in over a decade on the back of colossal purchases made by central banks, as well as vigorous retail investor buying and slower ETF outflows, the World Gold Council (WGC) said

Gold exploration and development company Kefi Gold and Copper has announced that all lead contracting and equity investment parties have agreed to the draft agreements for the financing of the Tulu Kapi gold project, in Ethiopia.   The project, which has a total cost of $320-million, has received in-principle agreement

Gold prices edged up during early Asian hours on Monday, aided by a softer dollar and prospects of slower rate hikes from the U.S. Federal Reserve. Spot gold XAU= was up 0.1% at $1,929.04 per ounce, as of 0014 GMT.

Gold prices held steady on Friday but were on track for a fifth consecutive weekly gain, as a weaker dollar and hopes of slower U.S. interest rate hikes boosted the safe-haven bullion’s appeal. Spot gold was little changed at $1,930.04 per ounce, as of

KEFI Gold and Copper has been granted five additional exploration licenses through its Saudi Arabian joint venture, Gold and Minerals Limited. The licenses, named Wadi Na’afa, Al Awja, Abu Salal North, Umm Al Khabath, and Jabal Selm, are

This week, KEFI Gold and Copper (KEFI) released two updates pertaining to its exploration and development in Saudi Arabia. First, it announced an increase in the mineral resource estimate (MRE) and indicated resource at the Hawiah project. The