Gold prices extended gains

Gold prices extended gains on Thursday, as the U.S. dollar and Treasury yields fell after the Federal Reserve raised interest rates by 75 basis points as expected and its chairman sounded less hawkish on future hikes.

Spot gold was up 0.2% at $1,736.89 per ounce, as of 0104 GMT, after rising 1% to a two-week high in the previous session.

U.S. gold futures rose 0.9% to $1,734.80 per ounce.

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
KEFI Gold and Copper

More articles like this

Gold surge signals deepening doubts in the dollar

As gold prices shatter records and global central banks quietly shift their reserves, investors are seeing more than just a rally in precious metals—they’re witnessing a growing global scepticism about the future of the US dollar.

KEFI Gold and Copper

Gold soars to new heights

Gold prices surged past previous records on Monday, driven by a wave of safe-haven demand following fresh tariff threats from U.S. President Donald Trump. As global trade tensions escalate, investors are piling into the precious metal,