Gold futures climbed Monday to settle above $1,300 an ounce for the first time in roughly a month. Investors took refuge in haven gold as U.S. benchmark stock indexes dropped on the back of escalating tensions in the U.S.-China trade dispute.
June gold rose $14.40, or 1.1%, to settle at $1,301.80 an ounce on Comex. That was the first settlement above $1,300 and highest most-active contract finish since April 10, according to FactSet data.
Source : MarketWatch