Gold prices rose about 1% on Monday, as a retreat in U.S. bond yields and persisting worries about inflation lifted the safe-haven asset ahead of major central bank meetings this week.
Spot gold XAU= was up 0.9% at $1,807.90 per ounce by 10:18 a.m. ET (1418 GMT). U.S. gold futures GCv1 for December delivery gained 0.8% at $1,810.50 per ounce.
Caledonia Mining Corporation plc (LON:CMCL) is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe.