Gold prices powered to within touching distance of the $4000 mark in Monday trading as investors piled cash into bullion amid a wave of political turmoil in three major global economies. French 10-year government bonds, known as OATs, rose 11 basis points to 3.61%, more than 20 basis points higher than similarly-dated bonds sold by the Greek government. In Japan, the ruling Liberal Democratic Party elected a conservative lawmaker, Sanae Takaichi, to become the country’s new Prime Minister.
