Gold's break-out overshadowed as multiple miners hit highs

THE gold price has risen as high as US$2007 an ounce today on concerns a ban on Russian oil will further increase inflation.

Gold's break-out overshadowed as multiple miners hit highs Gold's break-out overshadowed as multiple miners hit highs Gold's break-out overshadowed as multiple miners hit highs Gold's break-out overshadowed as multiple miners hit highs Gold's break-out overshadowed as multiple miners hit highs

Image: iStock/Yana Yankova

Comex gold futures had dropped back to $1996/oz at the time of writing. Spot gold was trading at $1991/oz or A$2715/oz.

West Africa-focused Perseus Mining hit a decade high earlier in the session.