Gold returned over $ 1,900, monthly earnings of 5.8% for the precious metal

Gold closed higher on $ 1,900 on Monday with the precious metal boosting geopolitical uncertainty amid the worst crisis between the West and Russia since the end of the Cold War. Moscow in Ukraine.

In particular, the April gold contract earned $ 13.10 per ounce or 0.7% and closed at $ 1,900.70 per ounce, having climbed to $ 1,935.20.

In the whole month, gold gained 5.8%, recording the highest monthly earnings since last May.

Silver also made gains, with the May contract up nearly 1.5% to $ 24,366 an ounce, closing the month with total gains of 8.8%. Copper for the same month, meanwhile, lost 0.7% to close at $ 4,455 a pound, ending February with a total gain of 3%.

In terms of other metals, April platinum lost 1.1% to $ 1,038.70 an ounce, reducing its monthly earnings to about 1.8%, while palladium in June jumped 5.9% to 2,504.60 dollars per ounce, “writing” monthly profits of 6.3%.

Source: Capital

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