KONTAN.CO.ID - JAKARTA. Gold soared as much as 2.8% on Monday to its highest level in seven years, as investors worried about global economic growth in the face of sharply rising coronavirus cases outside China.
Spot gold climbed 2.1% at $1,677.24 per ounce by 10:38 a.m. EST (1538 GMT). The session high, $1,688.66, was its highest since January 2013. U.S. gold futures for April delivery rose 1.9 % to $1,680.20 per ounce.
U.S. gold futures jumped 2.2% to $1,684.30.