Gold prices recover

Gold prices gained on Thursday morning as the dollar weakened after the US Federal Reserve said it would end pandemic-era bond-buying in March.

Spot gold climbed 0.13 per cent to $1,781.69 per ounce at 9.15 am UAE time.

In the UAE, 24K price rose more than one dirham per gram to Dh216.0 per gram on Thursday morning as against Dh214.75 on Wednesday morning, according to data published by the Dubai Gold and Jewellery Group.

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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