Gold edged higher on Monday, recovering from an eight-month low touched in the previous session, as a weaker dollar lifted bullion’s appeal.
Spot gold rose 0.3% to $1,739.31 per ounce by 0108 GMT, after hitting its lowest since June at $1,716.85 on Friday. U.S. gold futures gained 0.4% to $1,736.10.
The dollar slipped from a one-week high hit in the previous session, making gold cheaper for holders of other currencies.
KEFI Gold & Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.