Gold prices rose on Monday after the U.S. and Israel launched major strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei, escalating geopolitical tensions and deepening global economic uncertainty.
Spot gold was up 1% at $5,329.39 an ounce, as of 0201 GMT, after hitting its highest point in more than four weeks. Earlier in the session, bullion prices climbed as much as 2%.
U.S. gold futures rose 1.8% to $5,342.80 per ounce.