Gold prices continued their historic rise during trading on Monday, recording unprecedented levels exceeding $5,100 per ounce , as investors rushed towards safe havens amid escalating geopolitical tensions and increasing global economic uncertainty.
Spot gold hit a new high of $5,110.50 an ounce before settling near $5,077 , while U.S. gold futures closed strongly higher by more than 2% , supported by increased investment demand and declining confidence in high-risk assets.