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Goldplat plc

Gold prices settle higher

Gold futures finished higher Monday as weakness in the U.S. dollar helped to fuel some buying in bullion despite a rally in stocks that would otherwise suggest waning appetite for assets perceived as havens.

The dollar on Monday was down 0.4%, following a weekly gain of 1.8%, as measured by the ICE U.S. Dollar Index DXY, FactSet data show. Last week, gold and silver prices came under pressure due to the mini rally in bucks, which can make assets priced in the currency relatively more expensive to overseas buyers.

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

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