Gold Exceeds the 2,000 And Palladium Rises to Record Levels

On Monday, gold prices crossed the $2,000 mark for the first time in a year and a half as investors sought that safe haven in the wake of the escalating Russia-Ukraine crisis while fears of a halt in palladium supplies pushed to an all-time high.

And gold rose in spot transactions 0.9 percent to $ 1986.83 an ounce, after rising to its highest level since August 19, 2020, recording $ 2000.69 earlier in the day. And US gold futures rose 1.3 percent to $ 1992.00.

Palladium rose 4.3 percent to $3,130.16 an ounce, after hitting an all-time high of $3,172.22 earlier in the session.

And silver rose in spot transactions 0.4 percent to $ 25.76 an ounce, while platinum jumped two percent to $ 1143.47.