Gold price remains high

GLOBAL gold prices remain high as the Porgera gold mine in Enga is about to reopen under a Kumul Mineral Holdings Limited (KMHL) special mining lease.
According to Reuters yesterday, gold held steady near a two-week high yesterday as a weaker dollar and ultra-low interest rate environment kept demand solid for the safe-haven metal.
Gold price was little changed at US$1,968.98 (K6,865) per ounce after hitting its highest since Aug 19.