Gold and silver futures prices hit new record highs during Asian trading hours on Monday.
The price of the most active gold futures contract on the New York Mercantile Exchange once touched 4,698 U.S. dollars per ounce, while the price of the most active silver futures contract once broke through 94 U.S. dollars per ounce.
As of 10:30 Beijing time (02:30 GMT) Monday, the price of the most active gold futures contract on the New York Mercantile Exchange was 4,667.6 U.S. dollars per ounce, up 1.57 percent on the day, while the price of the most active silver futures contract was 93.245 U.S. dollars per ounce, up 5.32 percent on the day.
Gold, silver prices hit new record highs
Several explosions were heard in western and eastern areas of Tehran on Friday night as Israel launched a new wave of airstrikes on the Iranian capital.
Video footage captured by China Media Group (CMG) showed explosions near Iran's Defense Ministry.
"I'm CMG reporter Li Jiannan, and I'm currently in the northeastern part of Tehran, the capital city of Iran. As you can see in the direction I'm pointing, it's around 22:00 local time on the 13th, and explosions just occurred several hundred meters away from our reporting point, with thick smoke billowing from there," Li said from the scene.
The Israel Defense Forces (IDF) later announced that its air force had launched a new wave of airstrikes on Tehran.
Iran's Semi-official Tasnim news agency reported that the city's air defenses had been activated to counter hostile U.S. and Israeli targets.
Explosions rock Tehran as Israel launches new round of attacks
Explosions rock Tehran as Israel launches new round of attacks