Gold prices hit $2,000 for the first time in 1-1/2 years, with investors rushing to the safe-haven metal as the Russia-Ukraine crisis worsens, while supply disruption fears sent palladium to an all-time high on Monday.
Spot gold was up 1.1% at $1,990.20 per ounce by 0751 GMT, after scaling its highest since Aug. 19, 2020 at $2,000.69 earlier in the session. U.S. gold futures rose 1.4% to $1,993.30.
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