Gold prices climbed 1 per cent overnight to hit the highest level in more than a month, as investors took refuge in the safe-haven metal after an uptick in coronavirus cases dampened hopes for a quick economic recovery.
Spot gold was up 0.7 per cent to $US1,755.58 per ounce at 1841 GMT. The session high was 1,762.84, the highest since May 18.
Prices were $US8.97 shy of a 7-1/2 year high of $US1,764.55, hit last month.
US gold futures settled 0.8 per cent higher at $US1,766.40.
Capital Limited (LON:CAPD) provide complete exploration and production drilling solutions to customers within the global minerals industry, with a focus on the African markets.