Gold prices edge higher

Gold prices edged higher on Monday, hovering near a three-week high hit in the previous session, as fears over the rapidly spreading Omicron coronavirus variant boosted the metal’s safe-haven appeal.

Spot gold XAU= was up 0.2% at $1,800.42 per ounce by 0113 GMT. U.S. gold futures GCv1 were down 0.2% at $1,801.50.

Asian share markets fell and oil prices slid as surging Omicron cases triggered tighter restrictions in Europe and threatened to drag on the global economy into the new year. 

KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

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