Gold soared over 1.5% to its highest in more than seven years on Monday, as panicked investors scurried towards the safe-haven metal on fears of coronavirus blow to the global economy and U.S. corporate earnings.
Spot gold surpassed the key $1,700 pivot to touch its highest since December 2012 earlier in the session and was last up 1.7% at $1,717.36 an ounce by 1:54 p.m. EDT (1754 GMT).
U.S. gold futures settled 0.5% higher at $1,761.40, and hit their highest since February 2013 at $1,769.50.
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.