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Gold’s (XAU/USD) is practically flat at $4,790 on Monday, as investors return to the safety of the US Dollar (USD) amid threats to the US-Iran peace process.

West- African-focused company Cora Gold has signed a binding term sheet for a $120m gold stream financing with Eagle Eye Asset (EEA) to develop the Sanankoro Gold Project located in southern Mali. The post Cora Gold secures $120m in funding for Mali project appeared first on Mining Technology.

Gold (XAU/USD) looks to build on its modest intraday recovery from the $4,737-$4,738 region or a one-week low touched earlier this Monday, and trades around the $4,800 mark heading into the European session.

Gold prices fell in India on Monday, according to data compiled by FXStreet.

Gold price (XAU/USD) slumps to around $4,775 during the early Asian session on Monday. Traders digest renewed tensions between the United States (US) and Iran over the critical Strait of Hormuz.

Gold (XAU/USD) price rallies on Friday ahead of the weekend, breaking past the $4,850 level and rising more than 1.50%, as the US-Iran conflict seems to be de-escalating after Iran reopened the Strait of Hormuz, easing inflationary pressures worldwide.

Gold (XAU/USD) holds steady on Friday as expectations grow around a potential US-Iran peace agreement. At the time of writing, XAU/USD is trading around $4,807, up nearly 0.35% on the day, and remains on track for a fourth consecutive weekly gain.

Gold’s (XAU/USD) remains practically flat, at $4,790 at the time of writing on Friday, lacking a clear bias after pulling back from one-month highs, at $4,871 earlier this week.

Fredonia Mining has initiated a 10,000m diamond drilling programme at the El Dorado–Monserrat (EDM) gold project in Argentina. The post Fredonia begins 10,000m drilling at EDM gold project appeared first on Mining Technology.