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KEFI Minerals Plc

Gold Prices Near Sessions Highs As Global Equities Slump Lower

Gold prices are posting moderate gains and are near their session highs in early-morning U.S. trading Thursday. . Slumping world stock markets today have put a mild safe-haven bid into the gold and silver markets. However, a push in the U.S. dollar index to a two-year high overnight and slumping crude oil prices are limiting the upside in the precious metals markets. June gold futures were last up $8.60 an ounce at $1,282.60. July Comex silver prices were last up $0.101 at $14.55 an ounce.

KEFI Minerals plc (LON:KEFI) is focused primarily on the advanced Tulu Kapi Gold Project development project in Ethiopia, along with its pipeline of other projects within the highly prospective Arabian-Nubian Shield.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.