Gold continues its gains for the second session

Gold prices continued their gains for the second consecutive session during trading on Monday, supported by investors’ monitoring of developments in global markets and US economic data. The price of gold for next August delivery rose by $113.10, or 2.67%, to reach $4,351.90 per ounce, while silver prices for August delivery rose by $2,221, or 3.25%, to reach $70,461 per ounce.