Gold soared to its highest in nearly seven years on Monday, as intensifying tensions in the Middle East drove investors towards the safe-haven metal, while palladium surpassed $2,000-level to hit a record high.
Fundamentals
Spot gold rose 1.4% to $1,573.14 per ounce by 0124 GMT. It rallied as much as 1.8% and touched its highest since April 10, 2013 at $1,579.55 earlier in the session. U.S. gold futures gained 1.6% to $1,577.80.
Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.