Gold prices rose on Monday, touching their best level since mid-March, following the Russian-Ukrainian crisis pushed investors to safe haven.
And the price of gold in spot transactions rose 0.5% to $ 1984.20 an ounce, its highest level since March 14.
US gold futures rose 0.8% to $1,990.20.
Monday’s rise comes following gold achieved its second consecutive weekly gain.
Most markets were closed on Friday for a holiday.
Yields on the benchmark 10-year US Treasury bond rose to their highest level since December 2018.
Meanwhile, China is expected to report a sharp deterioration in economic activity in March as the COVID-19 outbreak and shutdowns hit consumers and factories, although growth in the first quarter may have rebounded due to a strong start early in the year.
The price of silver in spot transactions rose 0.5% to $ 25.80 an ounce, the price of platinum rose 0.8% to $ 997.50 and the price of palladium increased by 1.1% to $2393.67.
