Spot gold rose 0.88% to $3,231.90 an ounce in late trading in New York on Monday, after rising throughout the day, hitting a daily high of $3,249.82 at 08:26 Beijing time. COMEX gold futures rose 1.38% to $3231.30 per ounce, and also hit a new daily high of $3252.90 at 08:17, compared to last Friday.Moody'sDowngrading the United States means that the United States has lost all of its AAA ratings from the three major international rating agencies. Spot silver rose 0.21% to $32.3629 per ounce. COMEX silver futures rose 0.40% to $32.485 per ounce. COMEX copper futures rose 1.48% to $4.6615 per pound, and continued to rise after hitting a daily low of $4.5610 at 11:49.
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