As gold re-emerges as a safe-haven asset, the prices of gold and silver soared to record highs on Monday. Spot gold rose 2.2% to $4,431.94 per ounce, setting a new historical high. February gold futures increased by $76.1 or 1.7% to $4,463 per ounce.
March silver prices rose 2% to $68.865 per ounce.
March copper prices fell 0.2% to $5.499 per pound.
January platinum prices rose 4.1% to $2,100.5 per ounce.
March palladium prices rose 2.7% to $1,834.5 per ounce. (sw/)

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Due to strong demand for safe-haven assets, gold and silver prices soared to record highs on Monday. Spot gold rose 2.2% to $4,431.94 per ounce, while February futures gold increased 1.7% to $4,463 per ounce. March futures silver prices rose 2% to $68.865 per ounce

Strong demand for hedging in commodities drives gold prices up 2%, breaking records