Gold ticks higher as virus fears boost appeal

Gold inched up on Friday, as concerns over the spread of the coronavirus’ Delta variant boosted bullion’s appeal, while investors awaited U.S. non-farm payrolls data as it might influence the timing of a shift in the Federal Reserve’s policy stance.

Spot gold rose 0.1% to $1,778.52 per ounce, by 0535 GMT. It has fallen 0.1% so far this week. U.S. gold futures added 0.1% to $1,778.

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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