Gold prices have topped $3,110 an ounce for the first time, while silver is trading at a 13-year high as investors seek safe havens amid global trade tensions, Trading Economics reports.
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Trump's Plan
US President Donald Trump is expected to unveil a plan on Wednesday to increase import duties on products from a range of countries.
How prices have changed
April gold contracts on the Comex exchange rose 1% to $3,118 an ounce on Monday. Since the beginning of the current year, the rise is about 18%, which is a record quarterly increase since 1986.
Goldman Sachs analysts expect prices to reach $3,300 an ounce by the end of the year.
Silver rose 0.6% to $34,855 an ounce.
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