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Gold coins are displayed at the Ginza Tanaka store in Tokyo September 18, 2008. Gold soared as much as 2.8% on Monday to its highest level in seven years.
Gold coins are displayed at the Ginza Tanaka store in Tokyo September 18, 2008. Gold soared as much as 2.8% on Monday to its highest level in seven years.

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.

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