Gold prices reached two thousand dollars on Monday for the first time in a year and a half.
According to Arabiya Net, gold in spot transactions rose 0.9% to $ 1986.83 an ounce, after rising to its highest level since August 19, 2020, recording 2000.69 dollars earlier today. US gold futures rose 1.3% to $ 1992.00.
This comes as investors seek the safe haven in the wake of the escalating Russia-Ukraine crisis, as fears of a halt in palladium supplies have pushed to an all-time high.< /p>
As palladium rose 4.3% to $3,130.16 an ounce, after hitting an all-time high of $3,172.22 earlier in the session.
Silver rose in spot transactions 0.4% to $25.76 an ounce, while platinum jumped 2% to $1,143.47.
