Prices for gold and silver futures climbed sharply on Monday, with silver posting a standout gain, as geopolitical worries prompted a move into assets perceived as safe havens.
The gold futures for February delivery on the New York Mercantile Exchange settled at 4,451.5 U.S. dollars per ounce, up 2.82 percent from the previous session. The silver futures for March surged 7.94 percent to close at 76.657 U.S. dollars per ounce.
Gold, silver futures surge as geopolitical tensions fuel demand
The Asia-Pacific Economic Cooperation (APEC) CEO Summit 2026 will be held in Shenzhen, south China's Guangdong Province, from November 17 to 18, according to the China Council for the Promotion of International Trade (CCPIT) on Thursday.
This year's CEO summit will invite approximately 1,000 political and business representatives from APEC economies to engage in exchanges and discussions around topics such as the Free Trade Area of the Asia-Pacific, connectivity, artificial intelligence, and sustainable development.
APEC CEO Summit 2026 to be held in Shenzhen on Nov 17-18
