Gold found temporary respite on Wednesday after touching a near seven-month low in the previous session, as the dollar paused for breath after a blistering surge to 20-year highs.
Spot gold rose 0.3% to $1,770.27 per ounce by 0330 GMT. U.S. gold futures also firmed 0.3% to $1,769.10.
Spot gold may test a support at $1,756 per ounce, and a break could trigger a drop to $1,748, Reuters’ technical analyst Wang Tao said.
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.