Gold jumped to its highest level in two years Monday amid lingering anxiety of the UK’s historic vote to leave the EU.
Traders continued to value gold as a safe haven during a period of extreme volatily in the equities markets.
August gold climbed $2.30, or 0.2%, to settle at $1,324.70/oz. Gold rallied above $1335 earlier in the day, but leveled off on profit taking.
It was revealed that Federal Reserve Chair Janet Yellen will skip a meeting with other central banks in Europe on Wednesday.
Yellen had been scheduled to speak on a panel with Bank of England Governor Mark Carney and ECB President Mario Draghi.
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