Gold surged nearly 1% and silver jumped over 1.5%, driven by a weaker US dollar and lower Treasury yields, despite easing inflation concerns in West Asia.

Gold prices increased over one percent on Monday. A pause in Middle East hostilities lowered oil prices and inflation worries. This development supported gold's appeal as…

Gold rose to 4,094 $/oz and silver to 59.66 $/oz as a softer dollar and lower real yields supported bullion, with Mexico and Peru miners set to benefit.