The price of gold has risen by more than 0.8%, approaching its historical high, and silver has broken through the psychological barrier of $40 for the first time since 2011.

On Monday, spot gold finally rose by 0.82%, reaching $3476.36 per ounce, falling to $3437.11 at 09:26 Beijing time to hit a new daily low, then significantly rebounding and oscillating at high levels from 10:00 onwards. By 14:40, it had risen to $3489.85, approaching the historical high of $3500.10 set on April 22. COMEX gold futures rose by 0.84%, reaching $3545.80 per ounce, hitting $3557.10 at 14:40, also approaching the historical high of $3585.80 set on April 22. Spot silver rose by 2.50%, reaching $4.0710 per ounce, oscillating at high levels for most of the day, hitting $40.7985 at 02:37, approaching the peak of $44.2175 on August 23, 2011.