Bulls dominate beyond $1585 as coronavirus-led risk-off continues

Gold prices remain 0.33% positive to stay mildly above $1586 during early Tuesday. The yellow failed to extend the previous day’s declines as the market’s fear wider than a registered outbreak of China’s coronavirus. Concerns about the deadly epidemic have also been raised by the key global institutions off-late.

Joining the league of International Monetary Fund (IMF) and World Trade Organization (WTO), the Reserve Bank of Australia’s (RBA) minutes statement recently cited coronavirus risk as material to China and thus to Australia.

Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Goldplat plc

More articles like this

Goldplat plc

Gold gains on weaker dollar

Gold prices edged higher on Monday, as softer U.S. jobs data cemented hopes of further fiscal stimulus and pressured the dollar, although bullion’s gains were capped by higher Treasury yields. Spot gold was up 0.2% at

Goldplat plc

Gold up over US stimulus progress

Gold was up on Wednesday morning in Asia, amid growing hopes of further U.S. stimulus measures. Gold futures were up 0.41% at $1,840.95 by 12:39 AM ET (5:39 AM GMT). Democrat lawmakers in the U.S. Senate began

Goldplat plc

Gold to still hit $2,300 in 2021

All precious metals will see solid gains this year, but the likeliest best performers will be silver, followed by platinum and gold, said Frederic Panizzutti, managing director at MKS. Despite a slower start to the year,

Goldplat plc

Gold price recovers

Gold prices edged higher on Monday, recovering from a near seven-week low, as prospects of a massive US coronavirus relief aid outweighed a stronger dollar and lifted bullion’s appeal as an inflation hedge. Spot gold advanced

Goldplat plc

Gold steadies as weaker stocks offset stronger dollar

Gold prices steadied on Tuesday as Asian stocks traded lower, dragged by political unrest in Washington and rising global COVID-19 cases, outweighing a firmer dollar and U.S. Treasury yields. Spot gold was little changed at $1,845.19

Goldplat plc

Gold firms as Democrat-led US Senate boosts stimulus hopes

Gold prices rose on Thursday as a Democrat sweep of Georgia’s Senate runoffs boosted expectations of additional U.S. stimulus, although soaring Treasury yields held back bullion below a two-month high scaled in the previous session. Spot

Goldplat plc

Gold rallies over 1%

Gold prices in India rose more than 1 percent on January 4 tracking a positive trend in international spot prices, which hit an eight-week high as global  COVID-19 cases spiked and countries pushed for more lockdowns

Goldplat plc

Goldplat provides an update on the sale of Kilimapesa

Goldplat plc (LON:GDP), the AIM quoted gold producer, with international gold recovery operations located in South Africa and Ghana and an a held for sale underground mining operation in Kenya, has provided an update on the sale

Goldplat plc

Goldplat Investor and Analyst conference call

Goldplat plc (LON:GDP), the AIM quoted gold producer with international  gold recovery operations located in South Africa and Ghana, has announced that following its announcement on 09 December 2020, the Company will hold an investor and analyst conference call

Goldplat plc

Gold prices climb to 1-1/2-month high

Gold prices today jumped as much as 1% (Monday) to a near one-and-a-half-month high, driven by news that an agreement on a long-awaited U.S. fiscal stimulus deal had been reached. Spot gold rose 0.8% to $1,896.39

Goldplat plc

Gold rallies to near 6-week high

Gold prices rallied Thursday, with a steep decline in the U.S. dollar, the Federal Reserve’s ongoing loose monetary policy and expectations for a new fiscal stimulus package from Washington lifting bullion to its highest finish in

Goldplat plc

Gold up on Tuesday

Gold was up on Tuesday morning in Asia, with COVID-19 cases continuing to increase and overshadowing the start of COVID-19 vaccine inoculations in the U.S and Canada. Negotiations over the latest U.S. stimulus measures continue. Gold

Goldplat plc

Gold gains on weaker dollar

Gold edged up on Friday as the dollar held near a two-and-a-half-year low, offsetting concerns over delays in a U.S. coronavirus package. Spot gold rose 0.1% to $1,837.21 per ounce by 0531 GMT. U.S. gold futures

Goldplat plc

Gold trades higher today

Gold prices rose marginally in Indian markets on December 7 morning, tracking a muted trend in international spot prices. On the Multi-Commodity Exchange (MCX), February gold contracts were trading higher by 0.19 percent at Rs 49,266

Goldplat plc

Gold trades higher on weak dollar

Gold was trading higher on December 4, tracking a positive trend in international spot prices on a weak dollar and stimulus hopes. On the Multi-Commodity Exchange (MCX), February gold contracts were trading higher by 0.17 percent

Goldplat plc

Gold jumps 2% today

Gold jumped more than 2% on Tuesday, rebounding from a five-month low in the last session, and silver soared over 6%, as the dollar slid, with U.S. stimulus bets adding to bullion’s appeal as an inflation

Goldplat plc

Gold gains today

Gold prices rose on Thursday, aided by a weaker dollar, as investors bet that grim U.S. jobs data and surging COVID-19 cases worldwide would spur authorities to announce further stimulus measures. Spot gold rose 0.5% to