Gold prices on Monday have signed a significant rise since July 2020, thanks to the dollar fell and bond returns, as well as inflationary pressures that promote metal demand.
According to Arab Net, the immediate price of gold was up 0.1% to $ 1905.14 an ounce in morning trade, while US gold futures increased 0.2% to record $ 1908.80. Instant prices were up about 7.7% this month.
Most markets are closed on public and Britain's public holidays today.
Stephen ENS, member of the Asset Management Forum: Gold derives the strength of inflation and some tendency in returns.
The Dollar index fell 0.1% against competing currencies, while US treasury bonds returned to 1.593% on Friday, decreasing the cost of unrestricted gold possession.
The Palladium climbed 0.4% to $ 2837.38 an ounce, but was the first monthly decline in four months. Platinum offers 0.4% recorded 1181.76.
Silver rose 0.1% to $ 27.91 and is heading for its largest monthly gains since December.
