Gold prices settled above the level of two thousand dollars, on Monday, supported by demand for safe havens in light of the escalation of the conflict in the Middle East, as investors await the results of the meeting of the Monetary Policy Committee of the Federal Reserve (US central bank) this week.
Gold settled in spot transactions at $ 2003.17 an ounce, and US gold futures rose 0.7% to $ 2013 an ounce.
As for other precious metals, spot silver settled at $23.15 an ounce. Platinum fell 0.3 percent to $901.35 an ounce, and palladium rose 0.2 percent to $1,124.48 an ounce.
Source (Al-Arabiya.net Website, Edited)
