Gold prices rise due to virus worries

Gold prices edged higher on Monday as a fall in U.S. Treasury yields and concerns over a global economic recovery slowdown due to the spread of the delta variant of the coronavirus lifted demand for the safe-haven metal.

Fundamentals

Spot gold was up 0.2% at $1,814.38 per ounce by 0057 GMT.

U.S. gold futures edged up 0.1% at $1,816.40.

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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