Gold rises above $1,800

Gold vaulted over the key $1,800 psychological level on Monday as a retreat in the dollar pushed investors to bullion, with rising coronavirus cases driving expectations that the U.S. Federal Reserve might delay tapering of economic support.

Spot gold jumped 1.3% to $1,803.29 at 1:35 p.m. EDT (1735 GMT), after scaling its highest since Aug. 5 at $1,806.23.

U.S. gold futures settled up 1.3% at $1,806.3 per ounce.

Capital Limited (LON:CAPD) provide complete exploration and production drilling solutions to customers within the global minerals industry, with a focus on the African markets.

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