Australian gold producer Perseus Mining Ltd. hasn’t ditched a long-term plan to mine in war-torn Sudan, even as it chases other deals across Africa to sustain its output.
Spot gold remained unchanged at $1,968.11 per ounce by 0247 GMT after sinking to its lowest since October 24 on Tuesday. The US gold futures were changed a bit at $1,974.70.
Gold steadies ahead of US inflation data, while palladium slides to lowest level since December 2018. Interest rates and CPI data will influence market sentiment