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. U.S. gold futures GCv1 were little changed at $1,929.00. The dollar index .DXY dipped 0.1%, making greenback-priced bullion cheaper for holders of other currencies.
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.