KEFI Gold & Copper to deliver updated corporate presentation today

GOLD PRICES jumped to 7-week highs just below $1770 per ounce Thursday afternoon in London after new data showed a record jump in US retail sales coincided with last month’s $1,400 Covid stimulus checks sent to most US adults. 

Gold prices were flat on Tuesday as market participants kept to the sidelines ahead of U.S. inflation data that is expected to shed more light on recovery in the world’s largest economy. Spot gold was unchanged at $1,731.69

Gold prices steadied during the holiday-thinned trading session on Monday as robust US jobs data fueled hopes for a rapid economic recovery and bolstered global equities, suppressing bullion’s appeal. Spot gold saw a slight gain of 0.1% to $1,731.80/oz

A sharp increase in inflation expectations for the US Dollar this year have led to heightened volatility across global assets and affected copper and iron ore prices, market sources told Fastmarkets. Market sources said the rising inflation expectations

Gold inched up in choppy trading on Tuesday, buoyed by easing U.S. Treasury yields while a firmer dollar capped gains, as markets awaited a testimony from Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen. Spot gold

Gold prices edged higher on Friday and were on course for their best week in seven, as a slight pullback in the dollar and weakness in equity markets offset pressure from rising U.S. Treasury yields. Spot gold was