Gold prices settled higher on Monday, with the trading week beginning with an increased demand for safe havens as the number of COVID-19 cases continue to increase in the US and the world.
Gold futures for August delivery increased by 0.4% and settled at $1,817.40 per ounce.
Meanwhile, silver futures for September delivery maintained their earlier gains and settled at 20.192 per ounce, their highest closing level since August 2016, after adding 2.2% or $0.43.