Gold extends record rally on Monday

Gold prices extended their record rally on Monday as spot gold increased by 0.3%, reaching $2,335.73 per ounce, as of 0646 GMT, after hitting a record high of $2,353.79 earlier in the session. According to Reuters, US gold futures gained 0.4% to $2,354.50.Spot silver was up 1.1% at $27.77 per ounce