Gold extends gains on Monday

emirates7 - Gold rose more than 2 percent on Monday.

Spot gold climbed 2.5 percent to $4,322.87 per ounce by 03:12 GMT, hitting its highest level since 9th June and extending gains for a third straight session.

US gold futures for August delivery rose 2.5 percent to $4,344.80.

Spot silver rose 3.6 percent to $70.39 per ounce, platinum gained 3.3 percent to $1,773.70 and palladium climbed 3.3 percent to $1,324.75.