Gold rates on Multi Commodity Exchange on Thursday reached a week’s high level as yellow metal August futures were trading at ₹ 47,780 per 10 gram, up by ₹ 203 from the previous close of ₹ 47,577.
Internationally, gold prices went up to their highest level in a week in the aftermath of the US Federal Reserve did not give a specific time frame for tapering plans and also indicated that raising interest rates may not happen immediately.
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.