Gold continued its rally amid global pandemic uncertainty, with prices hitting new records to start the week. The price of metal for immediate delivery closed in on $2,000 an ounce.
Spot gold rose as much as 0.6 percent on Monday to $1,988.40 an ounce, while most-active futures traded as high as $2,009.50 on the Comex. Bullion had its biggest monthly gain since 2012, soaring 11 percent in June as investors weighed a weaker dollar and record-low US real yields.
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