Gold and silver prices are solidly higher in the early-afternoon U.S. trading Tuesday, on keener risk aversion in the marketplace coming from the European Union. Gold prices hit a one-week high, while silver notched a four-week high. Gold and silver bulls were especially encouraged by their metals’ ability to rally today in the face of a firmer U.S. dollar index that hit six-week high overnight. December gold futures were last up $15.60 an ounce at $1,207.30. December Comex silver was last up $0.208 at $14.71 an ounce.
KEFI Minerals (LON:KEFI) is focused primarily on the advanced Tulu Kapi Gold Project development project in Ethiopia, along with its pipeline of other projects within the highly prospective Arabian-Nubian Shield. KEFI targets that production at Tulu Kapi generates cash flows for capital repayments, further exploration and expansion as warranted and, when appropriate, dividends to shareholders.
